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Rôle des dépenses militaires sur la croissance économique de la France

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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)

  • Jean-Pierre Matière

Abstract

Military spending has an important influence on a country's value added. On the one hand, it is a burden (if one does not take into account the service of national security), and on the other hand, it makes it possible to revive a sluggish economy or to commit significant funds to research and development for arms-producing countries. Econometric analyses suffer from unstable statistical information due to the dual use of goods and services and the length of time taken to make military investments. A positive short-term effect can be negative in the longer term. This study of the French economy highlights a rather recessionary and inflationary effect of military spending in the long term. In fact, economic rationality often clashes with the military rationality of national defence. Without national defence services, will economic agents have confidence in a country that does not protect itself from the potential predation of its neighbours?

Suggested Citation

  • Jacques Fontanel & Jean-Pierre Matière, 1984. "Rôle des dépenses militaires sur la croissance économique de la France," Post-Print hal-02948706, HAL.
    • Handle: RePEc:hal:journl:hal-02948706
    Note: View the original document on HAL open archive server: https://hal.univ-grenoble-alpes.fr/hal-02948706
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    References listed on IDEAS

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    1. Smith, Ronald P., 1980. "Military expenditure and investment in OECD countries, 1954-1973," Journal of Comparative Economics, Elsevier, vol. 4(1), pages 19-32, March.
    2. Smith, R P, 1980. "The Demand for Military Expenditure," Economic Journal, Royal Economic Society, vol. 90(363), pages 811-820, December.
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