THE EFFECT OF WAR ON U.S. ECONOMIC GROWTH: COMPARING THE KOREAN WAR, VIETNAM WAR AND WARS IN MIDDLE EAST

File
Publisher
Florida Atlantic University
Date Issued
2020
EDTF Date Created
2020
Description
Analyzing the effect of military expenditure on economic growth has been an essential task for U.S economists. This thesis analyzed macroeconomic components for the last 70 years by estimating the ordinary least squares (OLS) regression model and vector autoregressive model. To interpret the empirical analysis, historical analysis of the Korean War, the Vietnam War, and the Wars in the Middle East, was made. One found the negative effect of military spending during wartime on the economic growth of the United States. This thesis suggests that the policymakers and military commanders should focus on shortening the state of war to minimize economic damage to the United States.
Note

Includes bibliography.

Language
Type
Extent
51 p.
Identifier
FA00013506
Rights

Copyright © is held by the author with permission granted to Florida Atlantic University to digitize, archive and distribute this item for non-profit research and educational purposes. Any reuse of this item in excess of fair use or other copyright exemptions requires permission of the copyright holder.

Additional Information
Includes bibliography.
Thesis (M.S.)--Florida Atlantic University, 2020.
FAU Electronic Theses and Dissertations Collection
Date Backup
2020
Date Created Backup
2020
Date Text
2020
Date Created (EDTF)
2020
Date Issued (EDTF)
2020
Extension


FAU

IID
FA00013506
Organizations
Attributed name: Department of Economics
Attributed name: College of Business
Person Preferred Name

Lee, Chaewoong

author

Graduate College
Physical Description

application/pdf
51 p.
Title Plain
THE EFFECT OF WAR ON U.S. ECONOMIC GROWTH: COMPARING THE KOREAN WAR, VIETNAM WAR AND WARS IN MIDDLE EAST
Use and Reproduction
Copyright © is held by the author with permission granted to Florida Atlantic University to digitize, archive and distribute this item for non-profit research and educational purposes. Any reuse of this item in excess of fair use or other copyright exemptions requires permission of the copyright holder.
http://rightsstatements.org/vocab/InC/1.0/
Origin Information

2020
2020
Florida Atlantic University

Boca Raton, Fla.

Physical Location
Florida Atlantic University Libraries
Place

Boca Raton, Fla.
Sub Location
Digital Library
Title
THE EFFECT OF WAR ON U.S. ECONOMIC GROWTH: COMPARING THE KOREAN WAR, VIETNAM WAR AND WARS IN MIDDLE EAST
Other Title Info

THE EFFECT OF WAR ON U.S. ECONOMIC GROWTH: COMPARING THE KOREAN WAR, VIETNAM WAR AND WARS IN MIDDLE EAST