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The basic objective of this paper is to examine the effect of military spending on income inequality in four major South Asian economies. In the process, the authors also control for other possible key determinants of income inequality subject to data availability. Using panel regression fixed effects analysis for the study period 1975 to 2005, they find from the estimates that there is a positive effect of military expenditure on income inequality. Also they find there is a direct relationship between wartime military spending and income inequality and an inverse relationship between peacetime military spending and income inequality.
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