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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Economic development in ECOWAS countries

Economic development in ECOWAS countries

Etienne, Compaore

Paperback

Biographies General

ISBN10: 6202466693
ISBN13: 9786202466691
Publisher: Our Knowledge Publishing
Published: Jun 30 2025
Pages: 116
Weight: 0.36
Height: 0.28 Width: 6.00 Depth: 9.00
Language: English
The countries of the Economic Community of West African States (ECOWAS) are currently experiencing growing insecurity, leading to an increase in military spending in the zone. The aim of this doctoral thesis is therefore to examine the determinants and effects of military expenditure on economic development in ECOWAS countries. Organized into three (03) essays, this analysis covers thirteen (13) countries over the period 2000 to 2018. Dynamic panel data are used and come from World Development Indicators (WDI, 2018), International Peace Research Institute (SIPRI, 2018), Armed Conflict Location and Event Data Project (ACLED, 2018) International Country Risk Guide (ICRG, 2018). Tests for dependence, panel homogeneity, unit root, cointegration and endogeneity were carried out before the estimation technique was chosen. The first test analyzed the explanatory factors of military expenditure using the Pooled Mean Group (PMG) estimator. The results show that the explanatory factors for military spending are economic and strategic.

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