The impact of military burden on long-run growth and welfare

CCUR > College of Social Sciences > Department of Economics & Graduate Institute of Economics > journal articles > Item 987654321/2940

請使用永久網址來引用或連結此文件: https://irlib.pccu.edu.tw/handle/987654321/2940

題名:	The impact of military burden on long-run growth and welfare
作者:	Shieh J.Y. Lai C.C. Chang W.Y.
貢獻者:	經濟系
關鍵詞:	endogenous growth military spending welfare
日期:	2002
上傳時間:	2009-12-04 15:13:01 (UTC+8)
摘要:	This paper presents an endogenous growth model to examine how a government's resource allocation between the defense and non-defense sectors will govern both economic growth and social welfare. We demonstrate that there exists an optimal defense expenditure share that maximizes the economic growth rate, but this rate is smaller than the welfare-maximizing share. This result can be viewed as a possible vehicle to explain why in many developing countries arms limitation and disarmament negotiations usually have low performance (even failing). (C) 2002 Elsevier Science B.V. All rights reserved.
關聯:	JOURNAL OF DEVELOPMENT ECONOMICS Volume: 68 Issue: 2 Pages: 443-454
顯示於類別:	[Department of Economics & Graduate Institute of Economics ] journal articles

文件中的檔案:

檔案	描述	大小	格式	瀏覽次數
index.html		0Kb	Text	863	檢視/開啟

在CCUR中所有的資料項目都受到原著作權保護.