Analyzing the costs of military engagement
AbstractAnalyzing the costs of military engagement.” Analyzing governments’ expenditure when it comes to military engagement is a challenging task. As governments are neither transparent nor eager to come forward with the necessary information, researchers make a lot of assumptions that require extensive justification. This article details a range of relevant cost channels and describes the difficulties in estimating their respective sizes. But when worked-up in a careful and deliberate way, it is possible to obtain reasonable estimates of the budgetary effects of military engagements. Following the outlined methodology creates an opportunity to improve openness, which will benefit researchers, policymakers, and the public at large.
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Bibliographic InfoArticle provided by Economists for Peace and Security (UK) in its journal Economics of Peace and Security Journal.
Volume (Year): 7 (2012)
Issue (Month): 2 (July)
conflict; costs; military engagement;
Find related papers by JEL classification:
- D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances
- H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
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