World military expenditure in post-Cold War world shows increasing trend especially in ASEAN region; Indonesia is no exception. The trend may have been supported by the argument that military expenditure has positive multiplier effects on economic growth. Unfortunately, there have been not too many studies on the effect of military expenditure on economic growth in the Indonesia context. This paper examines the topic by first reviewing literature on the relationship between military expenditure and economic growth, then by empirically testing the causal relationship between the two variables by using the Augmented Sollow Growth Model. The result shows that Indonesia's military expenditure has positive effect on the country's economic growth, which is most possibly caused by development of human capital as effect of military expenditure.
| Journal Name | JAS (Journal of ASEAN Studies) |
| Published by | Universitas Bina Nusantara |
| Contact Email | [email protected] |
| Contact Phone | - |
| Contact Name | Mochammad Faisal Karim |
| Location | Kota adm. jakarta barat, Dki jakarta INDONESIA |
| Website | jas| http://journal.binus.ac.id/index.php/jas| |
| ISSN | ISSN : 23381361, EISSN : 23381353, DOI : https://doi.org/10.21512/jas, |
| Core Subject | Social, |
| Meta Subject | Social Sciences, |
| Meta Desc | The Journal of ASEAN Studies (JAS) is a peer-reviewed bi-annual journal that enriches understanding of the past, current, and future issues relevant to ASEAN and its circle of issues. The article shall address any research on theoretical and empirical questions about ASEAN. The Topics addressed within the journal include: diplomacy, political economy, trade, national development, security, geopolitics, social change, transnational movement, environment, law, business and industry, and other various related sub-fields. JAS expects the articles encourage debate, controversy, new understanding, solid theory, and reflection on ASEAN. The articles sent should have a sharp analysis and rigorous methodologies quantitative or qualitative as well as written in an engaging and analytical style. The JAS does publish original research, reviewing research, book review, opinion pieces of current affairs. However JAS does not publish journalistic or investigative style of article. The JAS would not be responsible for any implied or written statements of articles published. Each author would be responsible for their own writing. |
| Penulis | Chairil, Tangguh , Sinaga, Dedy , Febrianti, Annisa |
| Subtitle Article | JAS (Journal of ASEAN Studies) Vol 1, No 2 (2013): Journal of ASEAN Studies |
| Publisher Article | Centre for Business and Diplomatic Studies (CBDS) Bina Nusantara University |
| View Article | https://journal.binus.ac.id/in… |
| Scholar Google | http://scholar.google.com/scholar?q=%2Bintitle%3A&… |
| DOI | https://doi.org/10.21512/jas.v1i2.6… |
| DOI Number | DOI: 10.21512/jas.v1i2.63 |
| Download Article [1] | https://journal.binus.ac.id/index.php/ja… |
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