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Russian economic development under forceful defense spending growth

Buklemishev, Oleg V. - In: Russian journal of economics 10 (2024) 4, pp. 319-331

The article examines historical aspects, general economic logic, and theoretical discussions on the policy of stimulating the economy through increased government appropriations for defense items. It provides a brief overview of empirical studies on economic effects of defense spending in Russia...

Persistent link: https://www.econbiz.de/10015396283

Output response to government spending : evidence from new international military spending data

Sheremirov, Viacheslav; Spirovska, Sandra - 2015 - This version: July 2015

effect of government spending on output. Following a popular assumption that military spending is unlikely to respond to … output at business-cycle frequencies - and exploiting variation in military spending of a significantly larger magnitude than … economies and in countries with a fixed exchange rate. The output response to government spending persists for about two to …

Persistent link: https://www.econbiz.de/10011305775

Fiscal multipliers in advanced and developing countries : evidence from military spending

Sheremirov, Viacheslav; Spirovska, Sandra - 2019 - This version: February 2019

the effects of government spending on output in advanced and developing countries. Identifying government-spending shocks …

Persistent link: https://www.econbiz.de/10011992297

Arms Races in the Developing World : Policy Implications

Seiglie, Carlos; Liu, Peter - 2014

An arms race exists when a country’s propensity to acquire arms is influenced by a potential adversary’s military spending. When evaluating the impact of economic policies towards the developing world, e.g., foreign assistance programs, it is important to identify if an arms race exist...

Persistent link: https://www.econbiz.de/10014197922

Exploring Potential Arms Races

Seiglie, Carlos - 2012

Defense spending accounts for a larger share of national output in most countries than many of the other allocative …

Persistent link: https://www.econbiz.de/10014197924

International Conflict and Military Expenditures : An Externality Approach

Seiglie, Carlos - 2012

This article analyzes the two-stage problem a country faces in first choosing the optimal amount of arms to acquire and then deciding whether it can improve upon the allocation that emerges after the first stage by engaging in a military conflict. A model is introduced based on the concept of...

Persistent link: https://www.econbiz.de/10014197927

Fiscal Multipliers in Advanced and Developing Countries : Evidence from Military Spending

Sheremirov, Viacheslav - 2019

the effects of government spending on output in advanced and developing countries. Identifying government-spending shocks …-9, circulated under the title 'Output Response to Government Spending: Evidence from New International Military Spending Data.' …

Persistent link: https://www.econbiz.de/10012888988

Rusty Guns and Buttery Soldiers : The Effect of Unemployment on Transatlantic Defense Spending

Becker, Jordan - 2021

Scholarship on the relationships between key macroeconomic variables and defense investment is divided on both the appropriate level of aggregation for such analysis, and the direction of causality between macroeconomic variables and defense investment. Both NATO and the EU, through the European...

Persistent link: https://www.econbiz.de/10013248493

Output Response to Government Spending : Evidence from New International Military Spending Data

Sheremirov, Viacheslav - 2015

effect of government spending on output. Following a popular assumption that military spending is unlikely to respond to … output at business-cycle frequencies — and exploiting variation in military spending of a significantly larger magnitude than … economies and in countries with a fixed exchange rate. The output response to government spending persists for about two to …

Persistent link: https://www.econbiz.de/10013013539

Is Military Spending Converging Across Countries? An Examination of Trends and Key Determinants

Clements, Benedict J. - 2019

This paper studies the evolution of worldwide military spending during 1970-2018. It finds thatmilitary spending in relation to GDP is converging, but into three separate groups of countries. Inthe largest group, responsible for 90 percent of worldwide spending, outlays have remainedstubbornly...

Persistent link: https://www.econbiz.de/10012859871