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Capital-labour substitution in defence provision

Author

Listed:
  • Ron Smith

    (Birkbeck College [University of London])

  • Anthony Humm

    (Birkbeck College [University of London])

  • 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 choice between labour and capital arises for military expenditures necessary for national security. Economic constraints play a major role, because the military sector is highly technological and aims for the highest performance for its equipment, which has become very expensive. Should conscription be maintained? Is a highly capital-intensive defence function preferable? The countries that spend the most in military terms have higher per capita spending than other types of defence and the army is traditionally more "labour intensive".

Suggested Citation

  • Ron Smith & Anthony Humm & Jacques Fontanel, 1987. "Capital-labour substitution in defence provision," Post-Print hal-03205374, HAL.
    • Handle: RePEc:hal:journl:hal-03205374
    Note: View the original document on HAL open archive server: https://hal.univ-grenoble-alpes.fr/hal-03205374v1
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    File URL: https://hal.univ-grenoble-alpes.fr/hal-03205374v1/document
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    References listed on IDEAS

    as
    1. Deger, Saadet & Sen, Somnath, 1983. "Military expenditure, spin-off and economic development," Journal of Development Economics, Elsevier, vol. 13(1-2), pages 67-83.
    2. Ayres, Ron, 1983. "Arms production as a form of import-substituting industrialization: The Turkish case," World Development, Elsevier, vol. 11(9), pages 813-823, September.
    3. Jacques Fontanel & Ron Smith, 1985. "Analyse économique des dépenses militaires," Post-Print hal-02491024, HAL.
    4. Smith, R P, 1980. "The Demand for Military Expenditure," Economic Journal, Royal Economic Society, vol. 90(363), pages 811-820, December.
    5. Ron Smith & Anthony Humm & Jacques Fontanel, 1985. "The Economics of Exporting Arms," Journal of Peace Research, Peace Research Institute Oslo, vol. 22(3), pages 239-247, September.
    Full references (including those not matched with items on IDEAS)

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