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Military expenditure and investment in OECD countries, 1954–1973
Journal of Comparative Economics, 1980This paper, using data for 14 large OECD countries between 1954 and 1973, tests the hypothesis that reduced investment has been a major opportunity cost of military expenditure in the postwar period. The share of investment in potential output is made a function of the share of military expenditure, growth rate, and demand pressure.
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Factors influencing the modernization of military-investment economic appraisal systems
Defence and Peace Economics, 2013Budgetary restrictions resulting from the present international economic crisis have tightened the need to improve efficiency in defense spending, leading to the armed forces having to undertake their duties with fewer resources. Previous reports on the subject have looked into the determining factors and effects of military spending but very few ...
Rodrigo Iván Ortúzar Maturana +3 more
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A bayesian approach to evaluating military investments in product improvement and testing
Naval Research Logistics Quarterly, 1977AbstractTwo issues of frequent importance in new product development are product improvement and reliability testing. A question often faced by the developer is: Should the product be distributed in its present state, or should it be improved further and/or tested before distribution?
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Measuring return on investment (ROI) for military to private sector technology transfer
PICMET '99: Portland International Conference on Management of Engineering and Technology. Proceedings Vol-1: Book of Summaries (IEEE Cat. No.99CH36310), 2003Summary form only given. One of the most intriguing strategies implemented to enhance the nation's technological position is the active transfer of technologies developed primarily for public purposes to the private sector for new commercial products. Such technology transfer has been extremely critical for the Department of Defense and the individual ...
Richard M. Franza, Rajesh Srivastava
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DoD Profit Policy and Capital Investment in the Military Aircraft Industry
1990Abstract : The purpose of this research was to conduct an economic analysis of a selected set of contractors in the military aircraft manufacturing industry. Specifically, two questions were addressed: (1) Are changes in the progress payment rate inversely related to changes in the firms' capital/labor ratios?
null Thomas R. +3 more
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Memory as a Battlefield: Personal and Political Investments in the National Military Past
The Oral History Review, 1995For the past decade I have been researching Australian memories of the First World War, exploring the memories of war veterans, the national popular legend of "Anzac" (Australian and New Zealand Army Corps), and the relationship between individual memories and national legend.
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Peace Dividends: The Exclusion of Military Contractors from Investment Portfolios
Journal of Peace Research, 1993There are many ways in which opposition to, or distaste for, the production of armaments and other equipment used for military purposes can be expressed. The purpose of this paper is to introduce to the peace studies literature the possibility that such views can find expression in the construction of equity investment portfolios.
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Do Civilian Spin-offs Justify Investments in Military Technology?
1989Though reams have been written in an attempt to justify investments in military technology on the grounds of civilian spin-offs, a really convincing apologia has yet to appear. Useful civilian spin-offs are certainly the justification put forward by the military and it is quite true, of course, that there have been many such instances of some ...
Umberto Colombo, Giuseppe Lanzavecchia
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Evaluating the trade‐off between military spending and investment in the United States
Defence and Peace Economics, 1997Using tests of a single equation model and cointegration techniques, this paper finds no evidence of a long run trade‐off, and some evidence of a short‐run trade‐off, between military spending and investment in post‐World War II United States data. The short‐run trade‐off is confined to the 1949–1971 period, and may be the result of the sharp expansion
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