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Marxism and Military Spending

Journal of Post Keynesian Economics, 1986
In "Marx versus Marxists on the Role of Military Production in Capitalist Economies," Fred M. Gottheil questions the insights of modern Marxists on the relationship of military production to advanced capitalism. He argues that military production, far from supporting the operation of capitalism, contributes to a falling profit rate and, consequently ...
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Analysing Efficient Military Spending

1994
A nation’s interests consist primarily of the sum of the individual citizens’ interests. As economists since Adam Smith and Alfred Marshall have noted, people’s interests involve mainly the growth of wealth and personal welfare in the ordinary business of life.
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Military Spending and Democratisation

peps, 2012
Abstract There is considerable evidence that authoritarian regimes have tended to spend more on the military than democracies. However, the direction of causality of this relationship has not been seriously investigated. The literature tends to assume that causality runs from regime type to military expenditure, but one might also ...
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Military Spending and Economic Growth in Turkey: A Wavelet Approach

Defence and Peace Economics, 2019
This paper employs a wavelet approach to investigate the relationship between economic growth and military spending in a time-frequency domain for the case of Turkey.
Usman Khalid, O. Habimana
semanticscholar   +1 more source

Do Sanctions Constrain Military Spending of Iran?

Defence and Peace Economics, 2019
Do sanctions reduce military spending in Iran? To answer this question, we use annual data from 1960 to 2017 and the autoregressive distributed lag (ARDL) model.
S. Dizaji, M. Farzanegan
semanticscholar   +1 more source

The effect of military spending on output: New evidence at the global and country group levels using panel data cointegration techniques

Economic Analysis and Policy, 2019
The objective of this research is to examine the effect of the growth rate of military spending on the growth rate of real output in 126 countries using panel data for 1980–2016.
Cristian Ortiz   +2 more
semanticscholar   +1 more source

Military spending and interest rates

Defence Economics, 1992
This paper examines a number of hypotheses about the determination of interest rates for the United States. In particular, we are most interested in the relative interest rate effects of changes in military and non‐military spending. We find that increases in military spending cause a significantly larger increase in interest rates than do increases in
David W. Findlay, Darrell Parker
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Recasting the military spending debate

Bulletin of the Atomic Scientists, 1986
While military spending is not neutral, its economic impact is neither as dramatically positive as claimed by the Defense Department nor as uniformly negative as its critics argue.
Gordon Adams, David Gold
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Technology of military conflict, military spending, and war

Journal of Public Economics, 2012
Abstract This paper studies how the technology of military conflict affects the allocation of resources in military spending (“guns”) and productive investment (“butter”). We first identify the fundamental property of conflict technology which the two commonly used contest success functions, the difference and ratio forms, share. Using this property,
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