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| Abstract: The deployment of U.S. military troops to foreign countries has a positive relationship with economic growth in the host countries. We use data on the deployment of U.S. troops to foreign countries over the years 1950-2000 and Summers-Heston data on real gross domestic product per capita (GDP) of 94 countries during the years 1960-2000. Robustness tests confirm the strong troops-growth relationship. The security umbrella provided by American forces and the role troops may play in diffusing institutions are among explanations suggested for the relationship. |
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Economic Recovery: How Best to End the Recession by J.D. Foster, Ph.D. and William W. Beach
January 07, 2009
Rising Unemployment: Caused by Less New Job Creation, Not by More Layoffs by James Sherk
January 06, 2009
Promoting the General Welfare Through Civil Justice Reform: A Memo to President-elect Obama by Hans A. von Spakovsky and Andrew M. Grossman
January 06, 2009
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