Military spending composition and economic growth/ (Record no. 47053)

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control field 47053
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100 ## - MAIN ENTRY--PERSONAL NAME
Personal name BECKER Jordan
245 ## - TITLE STATEMENT
Title Military spending composition and economic growth/
Statement of responsibility, etc. Jordan Becker and J Paul Dunne
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2023
520 ## - SUMMARY, ETC.
Summary, etc. In the large literature on military spending and growth, the heterogeneity of the categories of expenditure is seldom considered. Military spending is used to pay for a variety of things, including salaries, large weapon systems, and physical infrastructure, along with ongoing operations, training, and readiness - each of which might be expected to have different implications for economic growth. One reason for the focus on aggregate spending is the lack of disaggregated cross-country data, but there are some data available from NATO and the EU that break military spending into personnel, equipment, infrastructure and other expenditures (primarily operations and maintenance). This paper uses these data, available for 34 countries, for as many as 49 years, to investigate whether the composition of military budgets affects economic growth. Estimating standard growth models with this data it finds that as expected there is considerable heterogeneity in the effects of the different components. Specifically, the negative correlation between military spending and growth found in recent studies is primarily driven by personnel expenditures, and - slightly less clearly - by operating expenditures.
598 ## - BULLETIN HEADING
Bulletin Heading MILITARY BUDGETS, NEWARTICLS
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element MILITARY BUDGET
General subdivision NATO
-- EU
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name DUNNE J. Paul
773 ## - HOST ITEM ENTRY
Related parts Defence and Peace Economics, Volume 34, Number 3, April 2023, page: 259-271
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://www.tandfonline.com/doi/full/10.1080/10242694.2021.2003530">https://www.tandfonline.com/doi/full/10.1080/10242694.2021.2003530</a>
Public note Click here for full text
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Source of classification or shelving scheme Dewey Decimal Classification
Koha item type Journal Article
Suppress in OPAC No
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Total checkouts Full call number Date last seen Price effective from Koha item type
    Dewey Decimal Classification     Mindef Library & Info Centre Mindef Library & Info Centre Journals 16/05/2024   MILITARY SPENDING 16/05/2024 16/05/2024 Journal Article