Le financement public du secteur de la défense, une source d'inefficacité

Damien Besancenot and Radu Vranceanu

No DR 05008, ESSEC Working Papers from ESSEC Research Center, ESSEC Business School

Abstract: Continental European countries used to finance defence firms with public money. In the last few years, many governments aimed at implementing a hands-off policy towards the defence sector, which implies a gradual transition from public to private funding. This paper argues that the absence of long term relationships between defence firms and private investors may block this change.

Keywords: Defense sector; Private funds; Defense industrial policy; Asymmetric information (search for similar items in EconPapers)
JEL-codes: D82 G32 L60 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2005-09
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://domservices.essec.fr/domsite/cv.nsf/d4e0d1e ... r_internet_05008.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to domservices.essec.fr:80 (nodename nor servname provided, or not known)

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:ebg:essewp:dr-05008

Access Statistics for this paper

More papers in ESSEC Working Papers from ESSEC Research Center, ESSEC Business School ESSEC Research Center, BP 105, 95021 Cergy, France. Contact information at EDIRC.
Bibliographic data for series maintained by Sophie Magnanou ().