The Political Economy of Military Expenditure: An Introduction
AbstractThis paper shows that, although the military burden has declined since the Korean War, in the OECD it still represents an important component of government spending. The magnitude of military spending does not provide a measure of its importance to the economy. The relation between military spending and accumulation has to be seen as a complex historical dialectical process in which military spending plays a contradictory role. The other contributions to the symposium are then discussed within this framework. They deal with the empirical analysis of the economic costs of military spending, the impact of changing military spending, and the problems of conversion. Copyright 1990 by Oxford University Press.
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Bibliographic InfoArticle provided by Oxford University Press in its journal Cambridge Journal of Economics.
Volume (Year): 14 (1990)
Issue (Month): 4 (December)
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- Dietrich Fischer & Jurgen Brauer, 2003. "Twenty questions for peace economics: A research agenda," Defence and Peace Economics, Taylor & Francis Journals, vol. 14(3), pages 223-236.
- Gulay Gunluk-Senesen, 2002. "Budgetary trade-offs of security expenditures in Turkey," Defence and Peace Economics, Taylor & Francis Journals, vol. 13(5), pages 385-403.
- Paul Dunne & Duncan Watson, 2005. "Manufacturing Growth, Technological Progress, and Military Expenditure," Working Papers 0511, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.
- J Paul Dunne, 2011. "Military Keynesianism: An Assessment," Working Papers 1106, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.
- Luca Pieroni, 2007. "How Strong is the Relationship between Defence Expenditure and Private Consumption? Evidence from the United States," Working Papers 0705, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.
- Jurgen Brauer & J Paul Dunne, 2005. "Arms Trade Offsets and Development," Working Papers 0504, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.
- Christos Kollias & Thanasis Maniatis, 2003. "Military expenditure and the profit rate in Greece," Defence and Peace Economics, Taylor & Francis Journals, vol. 14(2), pages 117-127.
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