 Domestic Production as an Alternative to Importing ArmsFotis Mouzakis Chapter 6 in Arming the South, 2002, pp 129-159 from Palgrave Macmillan Abstract: Abstract For the majority of countries around the world, the provision of arms for the needs of national defense is established as an inflexible and significant component of their national budgets. The amount of information that the public is provided, however, in support of the related policy decisions is minimal, and so is the related political debate. Unless, therefore, the patriotism of the decision-makers is seen as an adequate guarantee for the optimality and correctness of defense policies, transparency and open monitoring could well reveal the contrary in many cases. Economic analysis of defense policies appears to be rather neglected, leaving implementation mainly to practical judgement, instead of resting it on a systematic foundation of facts. In an attempt to improve the availability of analytical tools that can be used in a systematic way this, chapter sets up a neoclassical model of national defense, focusing on countries’ decisions to establish an aims industry. Keywords: Domestic Industry; Military Expenditure; Indirect Utility Function; Military Capability; Defense Budget (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-50125-6_7 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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