The economics of disarmament

Jacques Fontanel

Chapter 19 in Handbook of Defense Economics, 1995, vol. 1, pp 563-590 from Elsevier

Abstract: The economics of disarmament is a new discipline. It involves analyses on the economic causes of the arms race, the definitions of disarmament and the economic determinants and military expenditure. Simultaneously, disarmament is considered as an obstacle to economic development, a peace dividend or an investment. The construction of economic models of disarmament produces some controversial results. Questions arise concerning the economic effects of a reduction in military expenditure on growth, employment, inflation, budget deficits, the costs of conversion or the dual use of military products, capital capacity and R&D. Long term disarmament needs a development process and an adequate public policy.

Date: 1995
References: Add references at CitEc
Citations: View citations in EconPapers (31)

Downloads: (external link)
http://www.sciencedirect.com/science/article/B7RKP ... b2c0ea6fd79c207a0e9e
Full text for ScienceDirect subscribers only

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:eee:hdechp:1-19

Access Statistics for this chapter

More chapters in Handbook of Defense Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().