Plant to Implement Halt Index under 3 General Rules of Defense Armament Transfer: Development of New Index that Will Replace 1% Framework of GDP
Katsushi Mizuno,
Go Igusa,
Shio Ando and
Eiji Takeda
International Journal of Social Science Studies, 2016, vol. 4, issue 12, 38-46
Abstract:
In April, 2014, the cabinet reexamined the 3 general rules of arms export and they approved these 3 general rules of arms armament transfer. In addition, with the GDP calculation method being revised in December 2016, this amount is expected to increase further. The purpose of this study is to propose the framework of defense spending for the next phase, since as of current, Japan is no longer able to contain its defense spending within 1 % ratio to GDP. This study is unique in a sense that this is the first ever research to analyze the economic model regarding the lifting of ban on Japanese arms export in 2014, that used Leontief’s industry related analysis that was originally created to analyze disarmament. We would like to propose its halt index by analyzing the economic model. As one method of effective implementation, we propose to set a new criterion of “shy away from setting both index of power of dispersion and index of sensitivity above 1”, and strategize economic policy and defense policy under this premise.
Keywords: within 1% framework of the nominal GDP; halt index; input-output table; index of sensitivity; index of power of dispersion (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:rfa:journl:v:4:y:2016:i:12:p:38-46
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