Estimations macroéconomiques de l'impact des dépenses militaires sur les économies de la France et de la Grande-Bretagne

Jacques Fontanel (), Stephen Martin and Ronald Smith
Additional contact information
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

Post-Print from HAL

Abstract: To estimate the impact of military spending on economic growth and development, a theoretical simultaneous equation model is constructed, using investment, employment, and GDP growth rate equations. On the basis of national information, estimates of the impact of changes in military spending on these explained variables are simulated. The differences between the estimates of the two countries are not always very significant. If the statistical tests are satisfactory, the model is only a limited representation of the complex process that determines investment, unemployment, and growth. Initially, the effect of an increase in military spending is positive (expansion of demand), but the effects on unemployment and investment are greater and ultimately reduce the growth potential of both countries.

Keywords: Economic model; Employment; Investment; Economic Growth; United Kingdom; Military expenditure; Croissance économique; Investissement; Emploi; Modèle économique; France; Royaume- Uni; Dépenses militaires (search for similar items in EconPapers)
Date: 1985
Note: View the original document on HAL open archive server: https://hal.univ-grenoble-alpes.fr/hal-02938192v1
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published in Arès. Supplément, 1985, L'effort économique de défense : exemples de la France et du Royaume-Uni, pp.107-127

Downloads: (external link)
https://hal.univ-grenoble-alpes.fr/hal-02938192v1/document (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02938192

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().