The Demand for Defense Expenditures in Pakistan: An Empirical Analysis

Authors

  • Asma Aslam School of Economics, Bahauddin Zakariya University, Multan Pakistan
  • Muhammad Ramzan Sheikh School of Economics, Bahauddin Zakariya University, Multan Pakistan
  • Asad Abbas Department of Economics, COMSATS, Vehari Campus
  • Salman Masood Superior University Lahore, Pakistan

DOI:

https://doi.org/10.56536/ijmres.v4i1.13

Keywords:

Defense Expenditures, Pakistan, Johansen-Julius Cointegration

Abstract

This study has investigated the factors that influence the demand for defense expenditures in Pakistan. The study has employed Johansen-Julius cointegration technique by using the annual time series data for the period of 1972-2012. The results showed that the demand for defense spending in Pakistan is influenced by many factors like defense burden of India, War with India, atomic explosions, political stability and trade balance.

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Published

01-01-2014

Issue

Vol. 4 No. 1 (2014): International Journal of Management Research and Emerging Sciences

Section

Articles

License

Copyright (c) 2014 The authors, under a Creative Commons Attribution-Non-Commercial 4.0

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

How to Cite

Asma Aslam, Muhammad Ramzan Sheikh, Asad Abbas, & Salman Masood. (2014). The Demand for Defense Expenditures in Pakistan: An Empirical Analysis. International Journal of Management Research and Emerging Sciences, 4(1). https://doi.org/10.56536/ijmres.v4i1.13
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