A tenfold rise in deployment of U.S. troops in a foreign country leads to an increase in that nation's annual growth rate of one-third of a percentage point, on average, say Garett Jones of George Mason University and Tim Kane of the Ewing Marion Kauffman Foundation. One reason may be the U.S. military's role as change agent promoting the diffusion of productivity-enhancing technologies and institutions, the researchers say. The number of U.S. troops deployed overseas has stood at about 400,000 over the past decade.
Read the George Mason University research paper.
Read the George Mason University research paper.