The Economic Effects of Reduced Defense Expenditures
An Applied General Equilibrium Analysis
Bibliographic Data
| ID | 12074888 |
|---|---|
| Authors | Donald N Baum (University of Nebraska at Omaha, Economics, corresponding author) |
| Year | 1993 |
| Volume | 12 |
| Issue | 2 |
| Pages | 65-88 |
| Publication date | 1993-02-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Conflict Management and Peace Science (JOURNAL) |
| Journal identifiers | ISSN: 0738-8942 • E-ISSN: 1549-9219 |
| Publisher | SAGE Publishing (PUBLISHER • US) |
| DOI | 10.1177/073889429301200203 |
| OpenAlex | W1995088522 |
| Language | EN |
| Citations received | 1 |
| References cited | 6 |
This paper employs an applied general equilibrium model to simulate the long-run effects of reductions in U.S. defense expenditures. In the long-run these reductions significantly affect only the output of the defense and government industries, and do not significantly affect the distribution of income or the relative price of capital and labor. The structure of the tax or expenditure changes which accompany defense reductions may cause large allocative and distributional effects. Thus, the fiscal decisions which accompany defense expenditure reductions are the key to determining their impact
Affect (linguistics · Allocative efficiency · Capital (architecture · Capital expenditure · Economics · General equilibrium theory · Government (linguistics · Government Expenditure · Macroeconomics · Microeconomics · Public economics · Public finance · Defense, Military, and Policy Studies · Economic Growth and Productivity · Fiscal Policy and Economic Growth · Finance
A Theory of Demand for Products Distinguished by Place of Production (Une theorie de la demande de produits differencies d'apres leur origine) (Una teoria de la demanda de productos distinguiendolos segun el lugar de produccion)
Consumer Expenditure Survey, 1984: Interview Survey
Some Economic Effects of Unilateral and Multilateral Reductions in Military Expenditures in the Major Industrialized and Developing Countries
| Unique citing works | 1 |
|---|---|
| Citations per year | 1 |
| Citation span | 2026 - 2026 (1) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 1 |