| Summary: | 碩士 === 朝陽科技大學 === 財務金融系碩士班 === 99 === This paper from the five treasury expenditures, business cycle indicators, nine overall economic indicators and factors such as self-defense expenditures to carry out defense spending factors of affecting.
During the study period from the end of 1981 and 2010, with years of empirical data.We use a simple linear regression model, correlation analysis, self-dummy variable regression model and multiple regression models to analyze. Evidence found after the induction by:
The study found that both the previous year or this year''s business cycle indicators and defense spending is a positive relationship. The same year''s defense spending and economic development spending is a posit crowding effect ive relationship, but the same annual defense spending and general government spending, education, science and culture spending, social security and other expenses and debt payments is a negative relationship, so exists crowding effect. In addition, the previous year Treasury expenditures has relationship with this year''s defense spending, so in support of its influence is a persistent.
Second, the empirical results show that in the same year (previous year) gross domestic product, import and export value, the unemployment rate, CPI and other indicators of wages and defense spending is a positive relationship; the same year (previous year) interest or exchange rates and defense spending is a reverse relationship; but the economic growth rate (M2) has nothing to do with defense spending then.
Finally, found the previous year''s defense spending and defense spending this year has a significant positive relationship, so inference that defense spending is influenced by itself factors.
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