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The Impact Of Changes In Military Expenditures On The Washington State Economy

Author

Listed:
  • David Hughes

    (Washington State University)

  • David Holland

    (Washington State University)

  • Philip Wandschneider

    (Washington State University)

Abstract

This study provides a better understanding of the nature and significance of military spending to the Washington State economy. The pattern of military spending on Washington-produced goods and services is summarized for the past, and simulations are made for later years. The impact on employment and income of military spending relative to other sources of demand is examined with an input/output model of the Washington economy. Estimates are made of the job growth in Washington that can be attributed to the Reagan military buildup. Three-year simulations indicate that military-generated demand is not likely to be the engine of economic growth in the state that it had been in the previous decade. Growth in the future levels of foreign exports may replace losses in income and employment as future military spending in the state declines.

Suggested Citation

  • David Hughes & David Holland & Philip Wandschneider, 1991. "The Impact Of Changes In Military Expenditures On The Washington State Economy," The Review of Regional Studies, Southern Regional Science Association, vol. 21(3), pages 311-327, Fall.
  • Handle: RePEc:rre:publsh:v21:y:1991:i:3:p:311-327
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    Cited by:

    1. Josselin Droff & Alfredo R. Paloyo, 2015. "Assessing The Regional Economic Impacts Of Defense Activities: A Survey Of Methods," Journal of Economic Surveys, Wiley Blackwell, vol. 29(2), pages 375-402, April.
    2. Sergio J. Rey, 1998. "The Performance of Alternative Integration Strategies for Combining Regional Econometric and Input-Output Models," International Regional Science Review, , vol. 21(1), pages 1-35, April.

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