Latin American Economic Review

Table 2 GDP growth rates and defence spending as a share of GDP during military rule in selected Latin American countries

From: Defence expenditure and economic growth in Latin American countries: evidence from linear and nonlinear causality tests

	M/GDP%	GDP%
Brazil 1964–1985	2	6.2
Sample’s average 1964–1985	2.5	4.1
Country’s average 1961–2014	1.9	4.4
Chile 1973–1990	6.3	3.4
Sample’s average 1973–1990	2.5	3.1
Country’s average 1961–2014	4	4.3
Argentina 1966–1973	1.7	3.8
Sample’s average 1966–1973	2.2	5.5
Argentina 1976–1983	3.6	1
Sample’s average 1976–1983	2.6	2.7
Country’s average 1961–2014	1.8	2.9
Peru 1968–1980	4.4	3.8
Sample’s average 1968–1980	2.4	5.2
Country’s average 1961–2014	2.9	3.7
Bolivia 1970–1982	2.3	2.7
Sample’s average 1970–1982	2.5	4.5
Country’s average 1961–2014	2	3.1

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