Capital-labour substitution in defence provision

Ronald Smith, Anthony Humm and Jacques Fontanel ()
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Anthony Humm: Birkbeck College [University of London]
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: The choice between labour and capital arises for military expenditures necessary for national security. Economic constraints play a major role, because the military sector is highly technological and aims for the highest performance for its equipment, which has become very expensive. Should conscription be maintained? Is a highly capital-intensive defence function preferable? The countries that spend the most in military terms have higher per capita spending than other types of defence and the army is traditionally more "labour intensive".

Keywords: Military expenditure; Military expenditure structures; Military capital; Military labour; Conscription (search for similar items in EconPapers)
Date: 1987
Note: View the original document on HAL open archive server: https://hal.univ-grenoble-alpes.fr/hal-03205374v1
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Citations: View citations in EconPapers (75)

Published in Saadet Deger; Robert West. Defence, security and development, Pinter, 1987, 0-86187-905-8

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