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Determinants of military budgets

Author

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  • Jacques Fontanel

    (CESICE - Centre d'études sur la sécurité internationale et les coopérations européennes - UPMF - Université Pierre Mendès France - Grenoble 2 - IEPG - Sciences Po Grenoble - Institut d'études politiques de Grenoble)

Abstract

The determination of military expenditures has been the subject of a great deal of economic literature. It is undeniable that GDP and national wealth influence the level of the military budget. On this basis, economists have developed arms race models, incorporating grievances between states and the effects of inertia spending. However, many other factors can be highlighted, such as the evolution of threats, the birth of new weapons, the will of power of a state, alliances, the existence of a national arms industry, the rise of military research and development, the budget of the state or the taking into account of the values of the future.

Suggested Citation

  • Jacques Fontanel, 2005. "Determinants of military budgets," Post-Print hal-02238275, HAL.
    • Handle: RePEc:hal:journl:hal-02238275
    Note: View the original document on HAL open archive server: https://hal.univ-grenoble-alpes.fr/hal-02238275v1
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    File URL: https://hal.univ-grenoble-alpes.fr/hal-02238275v1/document
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    References listed on IDEAS

    as
    1. David Saal, 2001. "The impact of procurement-driven technological change on U.S. manufacturing productivity growth," Defence and Peace Economics, Taylor & Francis Journals, vol. 12(6), pages 537-568.
    2. Franklin C. Spinney, 1996. "Defense Time Bomb: F-22/JSF Case Study Hypothetical Escape Option," Challenge, Taylor & Francis Journals, vol. 39(4), pages 23-33, July.
    3. Ron Smith & Anthony Humm & Jacques Fontanel, 1987. "Capital-labour substitution in defence provision," Post-Print hal-03205374, HAL.
    4. Jacques Fontanel & Michael Ward, 1993. "Military expenditures, armament, and disarmament," Post-Print hal-02065451, HAL.
    5. Brito, Dagobert L. & Intriligator, Michael D., 1995. "Arms races and proliferation," Handbook of Defense Economics, in: Keith Hartley & Todd Sandler (ed.), Handbook of Defense Economics, edition 1, volume 1, chapter 6, pages 109-164, Elsevier.
    6. Sandler,Todd & Hartley,Keith, 1995. "The Economics of Defense," Cambridge Books, Cambridge University Press, number 9780521447287, June.
    7. Jurgen Brauer & Andre Roux, 2000. "Peace as an international public good: An application to Southern Africa," Defence and Peace Economics, Taylor & Francis Journals, vol. 11(4), pages 643-659.
    Full references (including those not matched with items on IDEAS)

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