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IMPACT OF DEFENSE SPENDING ON UNEMPLOYMENT IN FIVE COUNTRIES FROM ASIA

机译:国防开支对亚洲五个国家失业的影响

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The objective of this study is to examine empirically the impact of defense spending on unemployment along with a number of control variables for a set of five selected countries from Asia which include Cambodia, China, Malaysia, Pakistan, and the Philippines. For empirical investigation annual data over the period of 1992 to 2013 are used. While, prior to regression analysis, the data were sensibly checked using sundry of relevant tests. The empirical results reveal that defense spending is not a better option to overcome unemployment problem in most of the sample countries. Thus, the findings suggest that lower defense budget allocation will provide more resources for other sectors which are relatively more productive and can help to improve economic and social welfare of these selected countries from Asia. Besides decreased military expenditures, encouraging domestic investment and discouraging population growth can help reduce unemployment. Remittance appears to have a positive relation with unemployment, the implications of which need to be addressed by policymakers.
机译:这项研究的目的是从亚洲五个选定的国家中,包括柬埔寨,中国,马来西亚,巴基斯坦和菲律宾,对国防支出对失业的影响以及一系列控制变量进行经验检验。为了进行实证调查,使用了1992年至2013年期间的年度数据。同时,在进行回归分析之前,使用各种相关测试对数据进行了合理的检查。实证结果表明,在大多数样本国家中,国防开支并不是克服失业问题的更好选择。因此,调查结果表明,较低的国防预算拨款将为生产力更高的其他部门提供更多资源,并有助于改善这些选定国家的经济和社会福利。除了减少军费开支以外,鼓励国内投资和抑制人口增长还可以帮助减少失业。汇款似乎与失业具有积极关系,决策者必须解决其影响。

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