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The Determinants and Economic Effects of Defence Spending: The Case of Rwanda, 1973-2020
There is a long and established literature – both theoretical and empirical – regarding the effects that a country's defence burden has on its growth prospects. However, the results remain inconclusive. Fewer studies consider the determinants of a government's defence spending decision, and many of...
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| Format: | Thesis |
| Language: | English Eng |
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School of Economics
2025
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| _version_ | 1867613912491360256 |
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| access_status_str | Open Access |
| author | Rossmeisl, Daniel P |
| author2 | Nikolaidou, Efytchia |
| author_browse | Nikolaidou, Efytchia Rossmeisl, Daniel P |
| author_facet | Nikolaidou, Efytchia Rossmeisl, Daniel P |
| author_sort | Rossmeisl, Daniel P |
| collection | Thesis |
| description | There is a long and established literature – both theoretical and empirical – regarding the effects that a country's defence burden has on its growth prospects. However, the results remain inconclusive. Fewer studies consider the determinants of a government's defence spending decision, and many of these studies restrict their analysis to groups of countries, thus, failing to capture significant, country-specific features. Considering the high, and rising, instances of security concerns on the African continent, there is an imperative for economists to understand the demand and supply aspects of military spending by African governments. This dissertation advances the existing literature by providing empirical evidence on both the demand and supply issues affecting defence spending by focusing on Rwanda; an African country that is one of the continent's fastest growing economies, a significant trading partner with both Eastern and Western blocs, and a regional power that has experienced multiple conflicts over the past five decades. Employing the Autoregressive Distributed Lag (ARDL) approach to cointegration for the period 1973-2020, the study finds compelling evidence confirming the growth retarding effects of defence spending while also demonstrating that conflict and economic factors have been key determinants of the country's level of military expenditure. These findings are very important for policy makers that aim to facilitate the country's development processes – especially in a postconflict era |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/42000 |
| institution | University of Cape Town (South Africa) |
| language | English Eng |
| last_indexed | 2026-06-10T12:43:41.305Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2025 |
| publishDateRange | 2025 |
| publishDateSort | 2025 |
| publisher | School of Economics |
| publisherStr | School of Economics |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/42000 The Determinants and Economic Effects of Defence Spending: The Case of Rwanda, 1973-2020 Rossmeisl, Daniel P Nikolaidou, Efytchia Economics There is a long and established literature – both theoretical and empirical – regarding the effects that a country's defence burden has on its growth prospects. However, the results remain inconclusive. Fewer studies consider the determinants of a government's defence spending decision, and many of these studies restrict their analysis to groups of countries, thus, failing to capture significant, country-specific features. Considering the high, and rising, instances of security concerns on the African continent, there is an imperative for economists to understand the demand and supply aspects of military spending by African governments. This dissertation advances the existing literature by providing empirical evidence on both the demand and supply issues affecting defence spending by focusing on Rwanda; an African country that is one of the continent's fastest growing economies, a significant trading partner with both Eastern and Western blocs, and a regional power that has experienced multiple conflicts over the past five decades. Employing the Autoregressive Distributed Lag (ARDL) approach to cointegration for the period 1973-2020, the study finds compelling evidence confirming the growth retarding effects of defence spending while also demonstrating that conflict and economic factors have been key determinants of the country's level of military expenditure. These findings are very important for policy makers that aim to facilitate the country's development processes – especially in a postconflict era 2025-10-10T08:28:26Z 2025-10-10T08:28:26Z 2023 2024-06-03T08:28:16Z Thesis / Dissertation Masters MCom http://hdl.handle.net/11427/42000 en Eng application/pdf School of Economics Faculty of Commerce Universiy of Cape Town |
| spellingShingle | Economics Rossmeisl, Daniel P The Determinants and Economic Effects of Defence Spending: The Case of Rwanda, 1973-2020 |
| thesis_degree_str | Master's |
| title | The Determinants and Economic Effects of Defence Spending: The Case of Rwanda, 1973-2020 |
| title_full | The Determinants and Economic Effects of Defence Spending: The Case of Rwanda, 1973-2020 |
| title_fullStr | The Determinants and Economic Effects of Defence Spending: The Case of Rwanda, 1973-2020 |
| title_full_unstemmed | The Determinants and Economic Effects of Defence Spending: The Case of Rwanda, 1973-2020 |
| title_short | The Determinants and Economic Effects of Defence Spending: The Case of Rwanda, 1973-2020 |
| title_sort | determinants and economic effects of defence spending the case of rwanda 1973 2020 |
| topic | Economics |
| url | http://hdl.handle.net/11427/42000 |
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