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Many organizations have budgets that expire at the end of the fiscal year. Faced with uncertainty over future spending demands, these organizations have an incentive to build up a rainy day fund over the first part of the year. If demand does not materialize, they must rush to spend these...
Persistent link: https://www.econbiz.de/10010696643
Many organizations have budgets that expire at the end of the fiscal year. Faced with uncertainty over future spending demands, these organizations have an incentive to build up a rainy day fund over the first part of the year. If demand does not materialize, they must rush to spend these...
Persistent link: https://www.econbiz.de/10010699955
The financial plans of the Greek Ministry of Defense (MoD) for the year 2013 include a big amount of money in support of the national defense system. Nevertheless, comparing MoD’s annual budgets of the last two years, we can see that in 2013 less money than in 2012 were allocated to the MoD by...
Persistent link: https://www.econbiz.de/10010740597
We use rich historical data on military procurement to estimate the effects of government spending. We exploit regional variation in military build-ups to estimate an "open economy relative multiplier" of approximately 1.5. We develop a framework for interpreting this estimate and relating it to...
Persistent link: https://www.econbiz.de/10010815730
The article offers an illustration of the respective role of institutions and contracts and their interactions in the coordination process of contracting parties, drawing upon an empirical analysis of defense procurement contracts in France. The articles seeks to provide an explanation of the...
Persistent link: https://www.econbiz.de/10010708714
This paper examines the potential costs a country faces when it fails to develop domestic arms manufacturing. I examine these costs using the historical example of Canada's decision to not develop domestic naval shipbuilding capacity prior to World War II. Canada's primary naval responsibility...
Persistent link: https://www.econbiz.de/10011123533
The Soviet Union was able to develop a large military-industrial complex and become the world’s second superpower despite the small size of its malfunctioning planned economy because defence was given high priority status and special planning, rationing and administrative mechanism were...
Persistent link: https://www.econbiz.de/10011133075
Abstract This article argues that the observed elasticity of substitution between military and civilian labour within a defence ministry provides an indication of the likely scope for efficient outsourcing of military services. Military labour can only be employed by government, so outsourcing...
Persistent link: https://www.econbiz.de/10011109855
In this working paper us propose to carry out an interpretation of the aspects argumentative and economic of the law 002 of the Farc, or law of pays for the war. Our interpret this stratagem like part of the game of strategy politicians by means of which the insurgent group seeks to balance...
Persistent link: https://www.econbiz.de/10011112392
The rapid increase in the accessibility of firearms and ammunition represents a key factor in the destabilization of many countries. It is also commonly associated with an escalation in the intensity and organization of collective and interpersonal violence. In some cases, arms are illegally...
Persistent link: https://www.econbiz.de/10010961419