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Patient-Level Savings on Generic Drugs Through the Mark Cuban Cost Plus Drug Company.
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Models of military expenditure [PDF]
AbstractA brief review of the extensive empirical literature devoted to explaining levels of military expenditure indicates a wide variety of unreconciled results. However, comparing the alternative models is not straightforward. This paper uses British postâwar military expenditures to illustrate some of the methodological issues involved in model ...
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How Resilient Are Military Expenditures? [PDF]
Changes in military expenditure as a share of gross domestic product (MIL/GDP) and of total expenditure (MIL/EX) during IMF-supported programs are examined for two subsamples, broadly divided according to fiscal tightening and fiscal accommodation. Under fiscal tightening, the evidence suggests that MIL/GDP decreases during Fund-supported programs, but
Paula De Masi, Henri Lorie
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The Demand for Military Expenditure
The Economic Journal, 1980This chapter provides an analytical survey of models explaining the level of military expenditure, emphasizing empirical econometric models based on optimizing behavior. After setting out the standard neo-classical model in which nation states are represented as rational agents maximizing a welfare function depending on security and economic variables ...
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Military Expenditures and Economic Growth
2020The literature on military spending and growth has become extremely large and diverse and has reached no clear consensus. This lack of consensus should not be unexpected, because there are a number of issues that make the empirical analysis of the relationship difficult to undertake and make it difficult to identify the particular impact of military ...
Nan Tian, J. Paul Dunne
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INEQUALITY IN MILITARY EXPENDITURES AND THE SAMUELSON RULE
Defence and Peace Economics, 2009In this paper, we show that standard measures used in the income inequality literature, the Lorenz curve and the associated Gini-index, can successfully be applied to the distribution of defence spending across countries. Secondly, we use the Samuelson rule to explain the distribution of military expenditures across countries over time.
Vincent A.C. van den Berg, Loek Groot
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The Reporting of Military Expenditures
Journal of Peace Research, 1981Strong assumptions about the military sector are often made from weak data. This is as true for military expenditure data as for other data series. This judgement holds true despite the number of well known and highly reputed institutions putting out military expenditure data. These institutions must either rely totally on figures released by national
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The Demand for Military Expenditure: A Correction
The Economic Journal, 1987This note corrects a mistake in my paper 'The Demand for Military Expenditure', this JOURNAL vol go, December I980, pp. 8I1-20. The structural parameters of the 'Security Function' are wrongly derived from the estimated coefficients on p. 8i6. This error, which has serious repercussions for the interpretation of the results, was pointed out to me by ...
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Military expenditure and capitalism: a comment
Cambridge Journal of Economics, 1978Dr Smith's article on 'Military expenditure and capitalism' concluded that, 'although the simple underconsumption argument is inadequate, it remains true that military expenditure is necessary for the maintenance of capitalism as a viable international system' (Smith, 1977, p. 76).
Keith Hartley, Pat McLean
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