An International Survey of Literature on Military Spending and Economic Growth

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The study reveals that the growth hypothesis accounts for 72.2% of the findings on military spending.
A meta-analytic approach was utilized to analyze 430 observations, highlighting the complexity of military spending and economic growth.
Evidence shows mixed results, with varying support for feedback, conservation, and neutrality hypotheses.
Insights gathered provide relevant data for policymakers, supporting evidence-based decisions on military expenditure.

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Meta-analytic insights reveal mixed findings on military spending's impact on economic growth, suggesting needed further inquiry.

Geoffrey Ssebabi Mutumba (2025) studied this question.

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