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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. |
Seven Reasons Why Congress Should Repeal, Not Fix, the Death Tax by William W. Beach
November 09, 2009
Heritage Employment Report: October Has Few Treats, Lots of Tricks by Rea S. Hederman, Jr. and James Sherk
November 06, 2009
Rethink the Housing Tax Credit: Stimulus Plans Should Think Past the Needs of Special Interest by Ronald D. Utt, Ph.D.
November 04, 2009
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