Some Economic Effects of Unilateral and Multilateral Reductions in Military Expenditures in the Major Industrialized and Developing Countries
Bibliographic Data
| ID | 12075085 |
|---|---|
| Authors | Jon D Haveman (University of Michigan, Economics, corresponding author), Alan V Deardorff (0000-0002-4954-7520, University of Michigan, Economics), Robert M Stern (0009-0001-1234-1158, University of Michigan, Economics) |
| Year | 1992 |
| Volume | 12 |
| Issue | 1 |
| Pages | 47-78 |
| Publication date | 1992-02-01 |
| 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 | 10.1177/073889429201200103 |
| OpenAlex | W1982976098 |
| Language | EN |
| Citations received | 1 |
| References cited | 11 |
We use the Michigan Model of World Trade and Production to assess the sectoral effects on the U.S. economy of: (1) a 25% unilateral reduction of military expenditures in the United States and (2) a 25% multilateral reduction of military expenditures in all of the major Western industrialized and developing countries included in the Michigan Model. Our principal findings suggest that the overall effects are not substantial. Although the sectoral results differ significantly depending on the alternative assumptions concerning compensating macroeconomic policies, less than 1.0% of the workforce might experience dislocation in all cases. The results of the multilateral reduction are qualitatively similar to those of a unilateral reduction
Developed country · Developing country · Development economics · Economic growth · Economics · International economics · Macroeconomics · Principal (computer security · Production (economics · Workforce · Defense, Military, and Policy Studies · Economic Growth and Productivity · Global trade and economics · Medicine
| Unique citing works | 1 |
|---|---|
| Citations per year | 0.03 |
| Citation span | 1993 - 1993 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |