IDEAS home Printed from https://ideas.repec.org/a/jec/journl/v4y2008i1p1-24.html
   My bibliography  Save this article

Military Threats, Defense Resources, and Labor Adjustment

Author

Listed:
  • Cheng-Te Lee

    (Department of International Trade, Chinese Culture University, Taiwan)

  • Yo-Yi Huang

    (Institute of Applied Economics, National Taiwan Ocean University, Taiwan)

Abstract

We observe that the period between Cold War era and the event of 911, variation in foreign military threats leads to variation in defense resources and fluctuations in the labor market. Using an intertemporal optimization dynamic model, this paper explores the impacts of foreign military threats on the civilian consumption sector and on labor allocation. We show that an increase in foreign military threats could lead to a migration of labor from the civilian sector to the defense sector.

Suggested Citation

  • Cheng-Te Lee & Yo-Yi Huang, 2008. "Military Threats, Defense Resources, and Labor Adjustment," Journal of Economics and Management, College of Business, Feng Chia University, Taiwan, vol. 4(1), pages 1-24, January.
  • Handle: RePEc:jec:journl:v:4:y:2008:i:1:p:1-24
    as

    Download full text from publisher

    File URL: http://www.jem.org.tw/content/pdf/Vol.4No.1/01.pdf
    Download Restriction: no

    File URL: http://www.jem.org.tw/content/abstract/Vol.4No.1/English/01.htm
    Download Restriction: no

    More about this item

    Keywords

    military threats; labor adjustment;

    JEL classification:

    • H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
    • J40 - Labor and Demographic Economics - - Particular Labor Markets - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jec:journl:v:4:y:2008:i:1:p:1-24. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Yi-Ju Su). General contact details of provider: http://edirc.repec.org/data/cbfcutw.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.