IDEAS home Printed from https://ideas.repec.org/a/taf/defpea/v23y2012i4p389-412.html
   My bibliography  Save this article

Warfare, Economic Performance And The Struggle For World Hegemony In The Early Modern Period: Guns Versus Butter In Eighteenth-Century Britain And Spain

Author

Listed:
  • Jos� Jurado-Sánchez
  • Miguel Jerez-M�ndez

Abstract

Testing the existence of budgetary trade-offs in eighteenth-century Britain and Spain can contribute to resolve the debate on the economic impact of warfare and its relationships with the military potential of nations and the struggle for world supremacy during the early modern period. We have constructed several empirical models to search for trade-offs in order to show which country had the whip hand in achieving its military and economic objectives. Britain was ahead of Spain for several reasons. Britain was more efficient in deploying the available resources because it built an effective national bureaucracy. Furthermore, the institutional reforms made from the seventeenth century onwards increased the level of resources through enhancement of the British economy.

Suggested Citation

  • Jos� Jurado-Sánchez & Miguel Jerez-M�ndez, 2012. "Warfare, Economic Performance And The Struggle For World Hegemony In The Early Modern Period: Guns Versus Butter In Eighteenth-Century Britain And Spain," Defence and Peace Economics, Taylor & Francis Journals, vol. 23(4), pages 389-412, August.
  • Handle: RePEc:taf:defpea:v:23:y:2012:i:4:p:389-412
    DOI: 10.1080/10242694.2011.626964
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/10242694.2011.626964
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wen-Yi Chen & Yai-Wun Liang & Yu-Hui Lin, 2018. "Does Health Spending Crowd out Defense in the United States? Evidence from Wavelet Multiresolution Analysis," Defence and Peace Economics, Taylor & Francis Journals, vol. 29(7), pages 780-793, November.

    More about this item

    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:taf:defpea:v:23:y:2012:i:4:p:389-412. 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: (Chris Longhurst). General contact details of provider: http://www.tandfonline.com/GDPE20 .

    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.