Paying for security: the security-prosperity dilemma in the United States / by Uk Heo, Robert J Eger III
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TextPublication details: 2005Subject(s):
In:
The Journal of Conflict Resolution Vol 49 No 5, October 2005, pp.792-817Summary: Uses a nonlinear four-sector production function model to analyse the direct and indirect effects of US government defence spending on economic growth. Uses data for the period 1951-2000. Also makes comparisons with government spending on non-military areas. Finds overall that indirect effects of military expenditure are not distinguishable from other government spending, but that direct effects are different: defence spending has a smaller negative impact on economic growth than other government expenditures.
| Item type | Current library | Call number | Copy number | Status | Date due | Barcode | |
|---|---|---|---|---|---|---|---|
| Journal Article | Mindef Library & Info Centre On-Shelf | XX(19124.1) (Browse shelf(Opens below)) | 1 | Not for loan | 19124-1001 |
Uses a nonlinear four-sector production function model to analyse the direct and indirect effects of US government defence spending on economic growth. Uses data for the period 1951-2000. Also makes comparisons with government spending on non-military areas. Finds overall that indirect effects of military expenditure are not distinguishable from other government spending, but that direct effects are different: defence spending has a smaller negative impact on economic growth than other government expenditures.
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