Arms exports and growth in France

Michael Ward and Jacques Fontanel ()
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Michael Ward: NYU - New York University [New York] - NYU - NYU System
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 question of the influence of arms exports on the French economy has often been the subject of political debate, with some claiming that they have a considerable positive influence on the national economy, while others consider that they have rather negative effects in terms of opportunity costs. On the basis of a relatively simplistic macroeconomic model, arms exports do not appear to have a positive effect on economic growth in the short term. In the longer term, the effects become negative unless arms sales are continually increased, at prices above their marginal cost, which has not always been the case in some politically motivated sales. Arms export, economic growth, arms industries, France Exportations d'armes, industries d'armement, Croissance économique.

Keywords: Arms export; economic growth; arms industries; France; Exportations d’armes; industries d’armement; Croissance économique. (search for similar items in EconPapers)
Date: 1991-09-18
Note: View the original document on HAL open archive server: https://hal.univ-grenoble-alpes.fr/hal-03542885v1
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Published in Defence economics, Université Pierre Mendès France de Grenoble et University of Colorado of Boulder, Sep 1991, Grenoble, France

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