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less favourable, at least initially, with changes in the international security environment, cuts in military spending and …
Persistent link: https://www.econbiz.de/10008871258
This paper considers the economic theories that are relevant for the study of peace war and international security . It … presents different levels of generality, starting with the big questions of international security, which are usually the … specific developments in economics and security. More specifically it reviews the economics of security, distinguishing …
Persistent link: https://www.econbiz.de/10005700240
Over the last 30 years there has been an impressive amount of empirical work on the defence-growth nexus, using different methodologies, models and econometric techniques and focusing on individual case studies, cross-country studies or panel data studies. Despite the number and the variety of...
Persistent link: https://www.econbiz.de/10008871256
The recent recession has seen something of resurgence in the debate over military Keynesianism. Recent commentators who should no better have claimed that it would make sense to stimulate the US economy through increases in military spending, as though this has not been a commonly contested view...
Persistent link: https://www.econbiz.de/10008919627
This paper makes a contribution to the debate on the economic effects of military spending using a large cross country panel data set for 1988-2006. As well as providing a relatively up to date analysis, sub groups are created that allow the analysis to focus on groups of countries at different...
Persistent link: https://www.econbiz.de/10008922941
Wars can be immensely damaging to economies, and they can leave long-lasting scars on society. What are considered to be postwar or postviolence situations can see ongoing nonwar political, domestic, and criminal violence, with war economies not ending with the formal cessation of hostilities....
Persistent link: https://www.econbiz.de/10008683628
Military spending is an expenditure by governments that has influence beyond the resources it takes up, especially when it leads to or facilitates conflicts. This chapter provides an overview of the issues involved in analysing the effects of military spending on growth. It considers the...
Persistent link: https://www.econbiz.de/10008683629
This paper reviews the origin and theoretical foundation of the concept Military-Industrial Complex and explains the key issues involved in the literature on the MIC in the Cold war context. It then considers the implications for the MIC of some main post-Cold War developments, with particular...
Persistent link: https://www.econbiz.de/10005012861
A large literature has used tests for Granger (1969) non-causality, GNC, to examine the interaction of military spending with the economy. Such tests answer a specific though quite limited question: can one reject the null hypothesis that one variable does not help predict another? If this null...
Persistent link: https://www.econbiz.de/10008530624
of large-scale collective violence; and criminologists, public health experts, and crime economists tending to study …
Persistent link: https://www.econbiz.de/10008470322