Rôle des dépenses militaires sur la croissance économique de la France
Jacques Fontanel () and
Jean-Pierre Matière
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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
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Abstract:
Military spending has an important influence on a country's value added. On the one hand, it is a burden (if one does not take into account the service of national security), and on the other hand, it makes it possible to revive a sluggish economy or to commit significant funds to research and development for arms-producing countries. Econometric analyses suffer from unstable statistical information due to the dual use of goods and services and the length of time taken to make military investments. A positive short-term effect can be negative in the longer term. This study of the French economy highlights a rather recessionary and inflationary effect of military spending in the long term. In fact, economic rationality often clashes with the military rationality of national defence. Without national defence services, will economic agents have confidence in a country that does not protect itself from the potential predation of its neighbours?
Keywords: economic grwth; inflation; Military expenditure; Dépenses militaires; croissance économique (search for similar items in EconPapers)
Date: 1984-03
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Published in 1984
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02948706
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