| Автор | Dunne, Paul |
| Автор | Smith, Ron |
| Дата выпуска | 1990 |
| dc.description | The effect of military expenditure on employment is a matter of considerable importance. However, few of the standard economic analyses of unemployment take any explicit account of variations in military expenditure in their models. The purpose of this paper is to assess whether the prevalent neglect of this variable in labour economics is justified.The paper briefly surveys previous estimates made of the employment effects of military expenditure. It then considers evidence from the simple dynamic reduced form regressions estimated on long historical series for the US and the UK and pooled post‐war data for 11 OECD countries. It does not suggest that the share of military expenditure is a significant influence on the unemployment rate. This implies that in analysing unemployment no special account need be taken of military expenditure and that the fear that reductions in the share of military expenditure will be associated with higher average unemployment levels is misplaced. |
| Формат | application.pdf |
| Издатель | Taylor & Francis Group |
| Копирайт | Copyright Taylor and Francis Group, LLC |
| Тема | Military expenditure |
| Тема | unemployment |
| Название | Military expenditure and unemployment in the OECD |
| Тип | research-article |
| DOI | 10.1080/10430719008404650 |
| Print ISSN | 1043-0717 |
| Журнал | Defence Economics |
| Том | 1 |
| Первая страница | 57 |
| Последняя страница | 73 |
| Аффилиация | Dunne, Paul; Department of Applied Economics and Magdalene College |
| Аффилиация | Smith, Ron; Birkbeck College |
| Выпуск | 1 |
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