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dc.contributor.authorWang, Tung-Paoen_US
dc.contributor.authorShyu, Stacy Huey-Pyngen_US
dc.contributor.authorChou, Han-Chungen_US
dc.date.accessioned2014-12-08T15:28:39Z-
dc.date.available2014-12-08T15:28:39Z-
dc.date.issued2012-11-01en_US
dc.identifier.issn0264-9993en_US
dc.identifier.urihttp://dx.doi.org/10.1016/j.econmod.2012.06.041en_US
dc.identifier.urihttp://hdl.handle.net/11536/20723-
dc.description.abstractEvaluating the effects of defense spending on macroeconomic performance and, in particular, on economic productivity is a critical issue. This study integrates Malmquist productivity index (MPI) with bootstrapping to establish statistical inferences that provide a complete, effective analysis of the impact of defense expenditure on economic productivity between 1993 and 2009 for Economic Co-operation and Development member countries. The findings indicate that the average MPI with defense expenditure is higher than that without defense expenditure. Additionally, region based productivity analysis indicates that the appropriate allocation of defense expenditure can increase regional economic productivity effectively across Asia. Oceania and Europe. Moreover, the results further prove that the effective defense expenditure strategies undertaken by government are important for improving economic productivity of countries. The integrated methodology approach applied in this study can be used for further similar studies. (C) 2012 Elsevier B.V. All rights reserved.en_US
dc.language.isoen_USen_US
dc.subjectDefense expenditure strategyen_US
dc.subjectEconomic productivityen_US
dc.subjectProductivity indexen_US
dc.subjectBootstrapen_US
dc.subjectOECDen_US
dc.titleThe impact of defense expenditure on economic productivity in OECD countriesen_US
dc.typeArticleen_US
dc.identifier.doi10.1016/j.econmod.2012.06.041en_US
dc.identifier.journalECONOMIC MODELLINGen_US
dc.citation.volume29en_US
dc.citation.issue6en_US
dc.citation.spage2104en_US
dc.citation.epage2114en_US
dc.contributor.department經營管理研究所zh_TW
dc.contributor.departmentInstitute of Business and Managementen_US
dc.identifier.wosnumberWOS:000311184700004-
dc.citation.woscount3-
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