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Coulomb, Fanny - In: Defence and Peace Economics 9 (1998) 3, pp. 299-316

For Smith, “defence” is presented as one of the three big areas requiring the “expenses of the sovereign or Commonwealth”, and therefore justifying state intervention in the economy, beside “justice” and “public works and public institutions”. Against the mercantilist thought,...

Persistent link: https://www.econbiz.de/10009215168

Military Spending and Democracy

Brauner, Jennifer - Birkbeck, Department of Economics, Mathematics & Statistics - 2014

This paper examines empirically whether democracies allocate fewer resources to the military than dictatorships do. It employs a panel of up to 112 countries over the period 1960-2000 to estimate a standard demand for military spending model. While papers on the determinants of military spending...

Persistent link: https://www.econbiz.de/10010886266

Economics of security - are terrorists rational?

Loužek, Marek - In: Politická ekonomie 2009 (2009) 2, pp. 177-193

The aim of the paper is to outline an economic theory of security in international perspective. First section … highlights the economic theory of alliances. Second section examines the defence economics. Third section looks at terrorism from … rational choice theory point of view. Forth section analyses security dilemmas in the war on terror. Fifth section explores …

Persistent link: https://www.econbiz.de/10005258273

Arms export controls and emerging domestic producers

Levine, Paul; Mouzakis, Fotis; Smith, Ron - In: Defence and Peace Economics 11 (2000) 3, pp. 505-531

The possibility of domestic production raises a difficulty for arms export control measures, since embargoes, by raising the effective price of imports, increase the incentive for domestic production. We address this issue by developing a partial equilibrium model of the international arms...

Persistent link: https://www.econbiz.de/10009215237

Country survey XI: Defence and the Israeli economy

Beenstock, Michael - In: Defence and Peace Economics 9 (1998) 3, pp. 171-222

The literature on economic aspects of defence in Israel is critically reviewed by subject: measuring the defence burden, the determinants of defence spending, the effects of defence spending on the economy, and the military-industrial complex. An overview of the Israeli economy is provided, and...

Persistent link: https://www.econbiz.de/10009215241

Price competition in a model of arms trade

Garcia-Alonso, Mary Carmen - In: Defence and Peace Economics 10 (1999) 3, pp. 273-303

This paper presents a model of subsidized military production that examines the relationship between domestic procurement and arms exports. Weapon producers satisfy the defence procurement in their own country and compete in prices in the international market where weapons are imperfect...

Persistent link: https://www.econbiz.de/10009215259

ANALYSING DEFENCE DEPENDENCY: THE IMPACT OF THE ROYAL NAVY ON A SUB-REGIONAL ECONOMY

Asteris, Michael; Grainger, Jeffery; Clark, David; … - In: Defence and Peace Economics 18 (2007) 1, pp. 53-73

This paper provides a methodology for estimating the economic impact of defence spending at a sub-regional level. It does so by calculating the income and employment generated by Britain's Royal Navy and associated defence activities in the City of Portsmouth and its surrounding area, during the...

Persistent link: https://www.econbiz.de/10005495933

MILITARY EXPENDITURE AND ECONOMIC GROWTH IN MIDDLE EASTERN COUNTRIES: A DYNAMIC PANEL DATA ANALYSIS

Yildirim, Julide; Sezgin, Selami; Ocal, Nadir - In: Defence and Peace Economics 16 (2005) 4, pp. 283-295

Defence expenditures have both costs and benefits to the economy. The costs of defence expenditures are mainly emphasized as opportunity costs. On the other hand, defence spending may have growth-promoting potential benefits: a rise in defence spending may result in a higher aggregate demand,...

Persistent link: https://www.econbiz.de/10005495957

Defense economics: achievements and challenges

Hartley, Keith - In: Economics of Peace and Security Journal 2 (2007) 1, pp. 45-50

Defense economics is now an established part of economics. This article reviews its achievements as represented by papers published in the research journal Defense and Peace Economics. The range of topics in the journal is reviewed, especially since 2000, and major gaps in coverage are...

Persistent link: https://www.econbiz.de/10005749200

Country survey XVI the defence sector in the economy of a declining superpower: Soviet Union and Russia, 1965-2001

Davis, Christopher - In: Defence and Peace Economics 13 (2002) 3, pp. 145-177

The Soviet Union was able to develop a large military-industrial complex and become the world's second superpower despite deficiencies in its centrally planned economy because defence was given high priority status and special planning, rationing and administrative mechanisms were used to attain...

Persistent link: https://www.econbiz.de/10005639953

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