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dc.rights.licenseKūrybinių bendrijų licencija / Creative Commons licenceen_US
dc.contributor.authorKolinets, Lesya
dc.contributor.authorDluhopolskyi, Oleksandr
dc.date.accessioned2024-08-26T09:37:47Z
dc.date.available2024-08-26T09:37:47Z
dc.date.issued2024
dc.date.submitted2024-02-15
dc.identifier.citationKolinets, L., & Oleksandr Dluhopolskyi, O. (2024). Military spending and economic growth: Is there an interdependence? Case of developed countries. In New Trends in Contemporary Economics, Business and Management. Selected Proceedings of the 14th International Scientific Conference “Business and Management 2024”, pp. 80–87. https://doi.org/10.3846/bm.2024.1261en_US
dc.identifier.issn2029-4441en_US
dc.identifier.urihttps://etalpykla.vilniustech.lt/handle/123456789/154761
dc.description.abstractThis study investigates the impact of military spending and arms exports on economic growth. Using data from developed countries spanning the period 1973–2022, we employ a regression model to analyse the relationship between gross domestic investment, military expenditure, arms exports, and GDP per capita growth. Our findings indicate that domestic investment has a significant positive influence on economic growth, while military spending and arms exports show negligible effects. The results emphasize the critical importance of domestic investment in fostering economic development, highlighting its superiority over military-related expenditures and exports in shaping economic outcomes.en_US
dc.format.extent8 p.en_US
dc.format.mediumTekstas / Texten_US
dc.language.isoenen_US
dc.relation.urihttps://etalpykla.vilniustech.lt/handle/123456789/154651en_US
dc.relation.urihttps://etalpykla.vilniustech.lt/handle/123456789/154652en_US
dc.rightsAttribution 4.0 International*
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/*
dc.source.urihttps://vilniustech.lt/bmen_US
dc.subjectmilitary spendingen_US
dc.subjectGDP per capitaen_US
dc.subjecteconomic growthen_US
dc.subjectwaren_US
dc.subjectarms exportsen_US
dc.titleMilitary spending and economic growth: is there an interdependence? Case of developed countriesen_US
dc.typeKonferencijos publikacija / Conference paperen_US
dcterms.accessRightsLaisvai prieinamas / Openly availableen_US
dcterms.accrualMethodRankinis pateikimas / Manual submissionen_US
dcterms.alternativeI. Advanced economic developmenten_US
dcterms.dateAccepted2024-03-04
dcterms.issued2024-08-26
dcterms.licenseCC BYen_US
dcterms.references35en_US
dc.description.versionTaip / Yesen_US
dc.type.pubtypeP1d - Straipsnis recenzuotame konferencijos darbų leidinyje / Paper published in peer-reviewed conference publicationen_US
dc.contributor.orcidhttps://orcid.org/0000-0002-7005-0519, Kolinets Lesya
dc.contributor.orcidhttps://orcid.org/0000-0002-2040-8762, Dluhopolskyi Oleksandr
dc.contributor.institutionVilniaus Gedimino technikos universitetas / Vilnius Gediminas Technical Universityen_US
dc.contributor.institutionWest Ukrainian National Universityen_US
dc.contributor.institutionWSEI University (Lublin, Poland)en_US
dc.contributor.facultyVerslo vadybos fakultetas / Faculty of Business Managementen_US
dc.contributor.departmentEkonomikos inžinerijos katedra / Department of Economics Engineeringen_US
dcterms.sourcetitle14th International Scientific Conference “Business and Management 2024”en_US
dc.description.volumeIen_US
dc.identifier.eisbn9786094763632en_US
dc.identifier.eissn2029-929Xen_US
dc.publisher.nameVilnius Gediminas Technical Universityen_US
dc.publisher.nameVilniaus Gedimino technikos universitetasen_US
dc.publisher.countryLithuaniaen_US
dc.publisher.countryLietuvaen_US
dc.publisher.cityVilniusen_US
dc.date.firstonline2024-08-26
dc.identifier.doihttps://doi.org/10.3846/bm.2024.1261en_US


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Except where otherwise noted, this item's license is described as Kūrybinių bendrijų licencija / Creative Commons licence