Author: Nicholas Antonakis
Publisher/Publication: The Journal of Conflict Resolution
Volume/Issue: 43 (4)
DOI/ISBN: 10.1177/0022002799043004005
Abstract: The author in this article investigate the relationship between economic growth and defense spending in the case of Greece from 1960 to 1993. He argues that the annual output growth rate in Greece is negatively affected by the size of the defense sector, as measured by real military expenditure. Part of the econometric school of study of the post-1945 Greek-Turkish military expenditure and possible arms racing.