Relación asimétrica entre el gasto militar, el crecimiento económico y la productividad industrial: un análisis empírico de India, China y Pakistán implementando el método NARDL

dc.creatorAijaz-Syed, Aamir
dc.date.accessioned2021-01-01 00:00:00
dc.date.accessioned2023-01-23T16:15:55Z
dc.date.accessioned2023-06-05T16:29:32Z
dc.date.available2021-01-01 00:00:00
dc.date.available2023-01-23T16:15:55Z
dc.date.available2023-06-05T16:29:32Z
dc.date.created2021-01-01 00:00:00
dc.date.created2023-01-23T16:15:55Z
dc.date.issued2020-01-01
dc.identifier10.14718/revfinanzpolitecon.v13.n1.2021.4
dc.identifier2011-7663
dc.identifier2248-6046
dc.identifierhttps://hdl.handle.net/10983/29434
dc.identifierhttps://doi.org/10.14718/revfinanzpolitecon.v13.n1.2021.4
dc.identifier.urihttps://repositorioslatinoamericanos.uchile.cl/handle/2250/6647584
dc.description.abstractEste trabajo de investigación pretende comprobar cómo el gasto militar promueve el crecimiento económico y la productividad industrial, como sugiere el postulado militar keynesiano. El método NARDL se emplea para lograr el objetivo anterior en los datos de panel de India, China y Pakistán que cubren el período 1990-2018. El estudio encuentra que el impacto positivo y negativo del gasto militar tiene un efecto positivo y negativo significativo en el crecimiento económico a largo plazo para China e India; sin embargo, en el corto plazo, solo los impactos positivos afectan el crecimiento económico. Por lo tanto, existe un efecto simétrico en el corto plazo y un impacto asimétrico en el largo plazo. Este resultado asimétrico respalda el trabajo del keynesianismo militar, que ayuda a los legisladores a diseñar políticas macroeconómicas adecuadas.
dc.description.abstractThis research work aims to verify how military expenditure promotes economic growth and industrial productivity, as suggested by the Military Keynesianism postulate. The NARDL method is employed to achieve the above objective on the panel data of India, China, and Pakistan, covering the period between 1990 and 2018. The study finds that the positive and negative impact of military expenditure has a significant positive and negative effect on economic growth in the long run for China and India; however, in the short-run, only positive impact favors economic growth. Thus, there is a symmetric effect in the short-run and an asymmetric impact in the long-run. This asymmetric result supports the work of Military Keynesianism, helping policymakers in devising appropriate macro-economic policies.
dc.languageeng
dc.publisherUniversidad Católica de Colombia
dc.relationhttps://revfinypolecon.ucatolica.edu.co/article/download/3317/3811
dc.relationhttps://revfinypolecon.ucatolica.edu.co/article/download/3317/3668
dc.relationhttps://revfinypolecon.ucatolica.edu.co/article/download/3317/3804
dc.relationNúm. 1 , Año 2021
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dc.relationRevista Finanzas y Política Económica
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dc.rightsinfo:eu-repo/semantics/openAccess
dc.rightshttp://purl.org/coar/access_right/c_abf2
dc.rightshttps://creativecommons.org/licenses/by-nc-sa/4.0/
dc.rightsAamir Syed - 2021
dc.sourcehttps://revfinypolecon.ucatolica.edu.co/article/view/3317
dc.subjectMilitary spending
dc.subjectAsymmetric economic growth
dc.subjectNardl
dc.subjectMilitary keynesianism
dc.subjectGasto militar
dc.subjectCrecimiento económico asimétrico
dc.subjectNardl
dc.subjectKeynesianismo militar
dc.titleRelación asimétrica entre el gasto militar, el crecimiento económico y la productividad industrial: un análisis empírico de India, China y Pakistán implementando el método NARDL
dc.typeArtículo de revista


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