The Relationship Between Inflation And Defense Expenditures
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Author | : Herman O. Stekler |
Publisher | : |
Total Pages | : 38 |
Release | : 1979 |
Genre | : Armed Forces |
ISBN | : |
This paper examines the relationship between DOD expenditures and the rate of inflation to determine whether military spending is inherently more inflationary than other types of expenditures. The role of DoD outlays in the context of various theories of inflation is analyzed and the available empirical evidence is considered. It is concluded that there is no evidence that the effect of DoD purchases is different from that of non-defense federal purchases.
Author | : United States. Assistant Secretary of Defense (Comptroller) |
Publisher | : |
Total Pages | : 220 |
Release | : 1972 |
Genre | : Defence contracts |
ISBN | : |
Author | : Alex Mintz |
Publisher | : Routledge |
Total Pages | : 345 |
Release | : 2002-01-31 |
Genre | : Political Science |
ISBN | : 1134903324 |
Leading scholars examine the links between domestic politics, defense spending and the economics of the US defense industry.
Author | : Tayfun Günana |
Publisher | : |
Total Pages | : 132 |
Release | : 2004 |
Genre | : Budget deficits |
ISBN | : |
Author | : United States. Congress. House. Committee on the Budget. Task Force on Economic Policy and Growth |
Publisher | : |
Total Pages | : 200 |
Release | : 1984 |
Genre | : Government purchasing |
ISBN | : |
Author | : James E. Payne |
Publisher | : Routledge |
Total Pages | : 286 |
Release | : 2019-03-13 |
Genre | : Business & Economics |
ISBN | : 0429695675 |
This book examines the impact defense spending has on economic growth. While defense spending was not deliberately invented as a fiscal policy instrument, its importance in the composition of overall government spending and thus in determining employment is now easily recognized. In light of the collapse of the Soviet Union and the consequent reduction in the threat to the security of the United States, maintaining defense spending at the old level seems indefensible. The media has concentrated on the so-called peace dividend. However, as soon as the federal government is faced with defense cuts, it realizes the macroeconomic ramifications of such a step. Based on studies included in this volume, we examine the effects of defense spending on economic growth and investigate how the changed world political climate is likely to alter the importance and pattern of defense spending both for developed and developing countries.
Author | : United States. Congressional Budget Office |
Publisher | : |
Total Pages | : 76 |
Release | : 1976 |
Genre | : Government spending policy |
ISBN | : |
Author | : Christos Kollias |
Publisher | : Routledge |
Total Pages | : 147 |
Release | : 2017-10-02 |
Genre | : History |
ISBN | : 1317391411 |
This book is an intellectual contribution of policy scientists and researchers from different academic institutions in different parts of the world. The Arab Spring, the rise of ISIS and terrorism ignite the debate on studying conflict and natural resources. Uniquely, the book discusses the sources of the conflicts and the institutions that are managing the conflicts. The natural resources, defense spending, conflict and human welfare are intertwined. In support of the ‘resource curse’ hypothesis, the book shows that an abundance of natural resources, particularly oil, encourages an increase in military spending and lower economic growth. In addition, the good economic and political institutions do reduce the hazard of conflict; and strong political institutions for checks and balances appear to weaken the impact of natural resources on conflicts. The book also examines the relationship between defense and social welfare expenditures – specifically, health and education. Shedding light on the complicated nature of the relationship between defense spending, inequality, and types of political and welfare regimes gives us a deeper understanding of the type of democratic systems that will likely improve social welfare. In studying the political economy of defense spending, the book shows the link between public opinion toward defense spending and voters' support for candidates. The analysis shows that party identification or having a vested interest in defense industries do correlate with a preference for increasing defense spending. This book was published as a special issue of Defence and Peace Economics.
Author | : Keith Hartley |
Publisher | : Routledge |
Total Pages | : 132 |
Release | : 2018-10-18 |
Genre | : History |
ISBN | : 1351727338 |
Defence inflation is a recurring factor in determining defence spending. It is widely reported in official government publications and in the trade press, but remains relatively neglected by defence and peace economists. In this book, international contributors from Finland, Norway, Sweden, the UK and the USA distinguish between defence inflation and cost escalation, and identify the causes of both. They use specific case studies to address a wide variety of theoretical and empirical issues and key questions, including the following: Does defence inflation affect all countries? What are its effects? Why does it occur? How (if at all) can defence inflation be controlled? While most industry and trade press devote considerable ink and space to the discussion of defence inflation, cost escalation, and their consequential impact on the purchasing dollars of the armed forces, economists have been relatively silent. This book aims to rectify this oversight through a multinational survey and analysis of the topic, while also identifying the opportunities for further theoretical and empirical research in the field. This book was originally published as a special issue of the journal Defence and Peace Economics.
Author | : United States. Congress. Joint Committee on the Economic Report |
Publisher | : |
Total Pages | : 112 |
Release | : 1951 |
Genre | : Government spending policy |
ISBN | : |