87-102

• Αντωνάκης, Νικόλαος

This paper comments on Kollias's (1993) analysis of the economic effects of indigenous arms production in Greece and suggests an alternative model for the estimation of the defence effects on this country. Through a broader consideration of the defence effects on the whole economy for a longer time period, it is shown that military expenditure has been detrimental to economic growth in Greece, contrary to Kollias's findings.

• Economics and Business
• Computer and information sciences

• Economic policy
• Statistics
• Economic development

Περιέχει παράρτημα πινάκων, υποσημειώσεις και βιβλιογραφία, I am grateful to the Editor of this Journal and an anonymous referee for their helpful comments and suggestions. Responsibility for all errors and omissions rests entirely with the author.