Defense Spending And Economic Growth
Regular price
€192.20
arms race modeling
Category=JP
CIA Estimate
CIA Statistic
defense budget
Defense Growth Nexus
Defense Purchases
Defense Sensitivity
Difference Stationary Series
Eastern Europe
economic consequences of defense budget cuts
economic growth
Economic Growth Relationship
Economic Performance Variables
employment impact studies
eq_bestseller
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
fiscal policy research
Forecast Error Variance Decompositions
Gdp Decline
Gdp Growth
GNP Ratio
Hicks Neutral Technical Change
High Growth Group
Low Growth Countries
macroeconomic
macroeconomic policy analysis
Michigan Model
military expenditure effects
Military Expenditures
Multi-factor Productivity
Non-farm Business Sector
Nondefense Spending
peace dividend economics
Public Infrastructure
Soviet Union
Standard Input Output Model
Subgame Perfect
Subgame Perfect Nash Equilibrium
Technological Change Rate
Product details
- ISBN 9780367011000
- Weight: 710g
- Dimensions: 144 x 220mm
- Publication Date: 13 Sep 2019
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Hardback
Secure
checkout
Fast Shipping
Easy returns
This book examines the impact defense spending has on economic growth. While defense spending was not deliberately invented as a fiscal policy instrument, its importance in the composition of overall government spending and thus in determining employment is now easily recognized. In light of the collapse of the Soviet Union and the consequent reduction in the threat to the security of the United States, maintaining defense spending at the old level seems indefensible. The media has concentrated on the so-called peace dividend. However, as soon as the federal government is faced with defense cuts, it realizes the macroeconomic ramifications of such a step. Based on studies included in this volume, we examine the effects of defense spending on economic growth and investigate how the changed world political climate is likely to alter the importance and pattern of defense spending both for developed and developing countries.
