September 10, 2025International Journal of Business Humanities Education and Social Sciences (IJBHES)

VECM Analysis on the Short-Term and Long-Term Relationship between Southeast Asian Military Spending and Indonesian Economic Growth

View Full Paper

Ask AI

Bookmark

Indonesia's economic growth significantly influences military spending in Southeast Asia over the long term.
The analysis shows that economic growth decreases ASEAN military expenditures while affecting defense budgets in the short term.
Utilizing the Vector Error Correction Model (VECM), the study analyzes data from 1990 to 2023, emphasizing statistical techniques for accuracy.
Aligning military modernization with economic goals is crucial, highlighting the need for strategic technological investments and regional cooperation.

Discussion

No takes yet. Share an insight, caveat, or question.

Implication

This analysis reveals a significant impact of Indonesia's economic growth on military spending in Southeast Asia, suggesting necessary alignments with strategic investments.

Cite This Study

Samingan et al. (2025) studied this question.

synapsesocial.com/papers/68c23e02b210217d6479101c https://doi.org/10.46923/ijbhes.v6i2.450

View Full Paper

Ask AI

Bookmark

Implication

This analysis reveals a significant impact of Indonesia's economic growth on military spending in Southeast Asia, suggesting necessary alignments with strategic investments.

VECM Analysis on the Short-Term and Long-Term Relationship between Southeast Asian Military Spending and Indonesian Economic Growth

Key Points

Discussion

Implication

Cite This Study

VECM Analysis on the Short-Term and Long-Term Relationship between Southeast Asian Military Spending and Indonesian Economic Growth

Key Points

Discussion

Implication

Cite This Study

Keep reading

Keep reading