Skip to main content

ETHNOS_APP

Home • Search • Journals • List 0

The Relationship between Defense Spending and Inflation

Bibliographic Data

ID6286009
AuthorsHarvey Starr (0000-0002-3123-3398, Twin Cities Orthopedics), Francis W Hoole, Jeffrey A Hart (Indiana University), John R Freeman (Massachusetts Institute of Technology)
Year1984
Volume28
Issue1
Pages103-122
Publication date1984-03-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Conflict Resolution (JOURNAL)
Journal identifiersISSN: 0022-0027 • E-ISSN: 1552-8766
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/0022002784028001006
OpenAlexW2026415256
LanguageEN
Citations received16
References cited36

The relationship between defense spending and inflation has been of interest to scholars and policymakers throughout much of the post-World War II era. Yet there is no agreement as to the exact nature of the relationship. We attempt to shed some light on this matter by identifying the alternative conceptualizations of the relationship between defense spending and inflation that appear in the literature and subjecting them to empirical examination using data for the 1956-1979 era from four major Western powers. No significant relationship between defense spending and inflation is discovered in the cases of the United States and the United Kingdom, whereas defense spending and inflation are found to be mutually related in the cases of France and the Federal Republic of Germany

Classical economics · Economics · Empirical examination · Inflation (cosmology · Macroeconomics · Positive relationship · Defense, Military, and Policy Studies · Economic Growth and Productivity · Fiscal Policy and Economic Growth · Psychology · Social Psychology

  • Military Spending and Economic Growth in Pakistan

    Open Access•Muhammad Shahbaz, Malik Shahzad Shabbir et al.•Economic Research-Ekonomska…•2012

  • Economic Integrations and Purchasing Power Parity Assumption

    Open Access•Josip Tica, Petar Sorić•Economic Research-Ekonomska…•2012

  • Taiwan's calculus on military spending

    Steve Chan•International Interactions•1988

  • The Political Economy of Global Conflict

    Francis W Hoole, Chi Huang•The Journal of Politics•1992

  • Defense Budget Growth and Inflation

    Open Access•Yu Wang•Political Studies Review•2022

  • Non-Military Determinants of Military Budgets

    Davis B Bobrow, Stephen R Hill•International Studies Quarterly•1991

  • The Political Economy of American Strategy

    Open Access•Aaron L Friedberg•World Politics•1989

  • Defense Contracting and Domnestic Politics

    Open Access•Karl Derouen, Uk Heo et al.•Political Research Quarterly•2000

  • Guns versus Butter

    Open Access•Nicholas Antonakis•Journal of Conflict Resolution•1999

  • They Dance Alone

    Open Access•David R Davis, Michael D Ward•Journal of Conflict Resolution•1990

  • A Causal Analysis of Defense Spending and Economic Growth

    Open Access•Abdur R Chowdhury, Abdur Chowdhury•Journal of Conflict Resolution•1991

  • State Entrepreneurship, Foreign Investment, Export Expansion, and Economic Growth

    Open Access•Steve Chan, Cal Clark et al.•Journal of Conflict Resolution•1990

  • Richardson, Rationality, and Restrictive Models of Arms Races

    Open Access•Michael D Mcginnis•Journal of Conflict Resolution•1991

  • Guns versus Butter

    Alex Mintz, Chi Huang•American Journal of Political…•1991

  • Vector Autoregression and the Study of Politics

    John R Freeman, John T Williams et al.•American Journal of Political…•1989

  • The Security-Welfare Relationship

    Open Access•David R Davis, Steve Chan•Journal of Peace Research•1990

  • Welfare policy and industrialization in Europe, America, and Russia

    Gaston V Rimlinger•Welfare policy and industrializatio…•1971

  • Applied time series analysis for the social sciences

    Richard Mccleary•Applied time series analysis for…•1980

  • Elements of Econometrics

    Jan Kmenta•Elements of econometrics•1997

  • Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root

    David A Dickey, Wayne A Fuller•Econometrica•1981

  • Maximum Likelihood Estimation and Inference on Cointegration — With Applications to the Demand for Money

    Open Access•Søren Johansen, Katarina Juselius•Oxford Bulletin of Economics and…•1990

  • Distribution of the Estimators for Autoregressive Time Series with a Unit Root

    David A Dickey, Wayne A Fuller•Journal of the American…•1979

  • Investigating Causal Relations by Econometric Models and Cross-spectral Methods

    Clive W J Granger•Econometrica•1969

  • The Zero-Sum Society

    Tom Cate, Lester C Thurow•Southern Economic Journal•1981

  • Welfare Policy and Industrialization in Europe, America, and Russia

    T B Bottomore, Tom Bottomore et al.•Journal of Economic Issues•1974

  • The Casual Causal Relationship Between Money and Income

    Edgar L Feige, Douglas K Pearce•The Review of Economics and…•1979

  • Military Expansion Economic Decline

    M Granger Morgan, Matt Morgan et al.•Journal of Policy Analysis and…•1984

  • New perspectives on the public policy implications of defense and welfare expenditures in four modern democracies

    Open Access•David A Caputo•Policy Sciences•1975

  • A Classical Macroeconometric Model for the United States

    Thomas J Sargent•Journal of Political Economy•1976

  • Interpreting Economic Time Series

    Thomas J Sargent•Journal of Political Economy•1981

  • Simultaneous-Equations Tests of the Natural Rate and Other Classical Hypotheses

    John T Cuddington•Journal of Political Economy•1980

  • Causality, Exogeneity, and Natural Rate Models

    Thomas J Sargent•Journal of Political Economy•1979

  • The Role of War in Modern Inflation

    Open Access•Earl J Hamilton•The Journal of Economic History•1977

  • Does Spending on Defence Cut Spending on Health

    Open Access•Kathleen Peroff, Margaret Podolak-Warren•British Journal of Political…•1979

  • Arms Race Modeling

    Open Access•Stephen J Majeski, David Jones et al.•Journal of Conflict Resolution•1981

  • Military Expenditure and Growth in Less Developed Countries

    Open Access•Saadet Deger, Ron Smith•Journal of Conflict Resolution•1983

  • Linear Models for Evaluating Conditional Relationships

    Gerald C Wright, Gerald Wright•American Journal of Political…•1976

  • Granger Causality and the Times Series Analysis of Political Relationships

    John R Freeman•American Journal of Political…•1983

  • Some Statistical Problems in Research Design

    Leslie Kish•American Sociological Review•1959

  • Inflation and American Power

    David P Calleo•Foreign Affairs•1981

  • The Illusion of Choice

    Open Access•William K Domke, Richard C Eichenberg et al.•American Political Science Review•1983

  • The Fiscal Limits of the Warfare-Welfare State

    Open Access•James L Clayton, J Louie Clayton•The Western Political Quarterly•1976

Unique citing works16
Citations per year0,42
Citation span1988 - 2022 (35)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 14

Tools

Open DOISci-Hub
Ethnos_APP • Open Source Project • MIT License • Frontend v2.0.0 • Privacy and Cookies • API Documentation: api.ethnos.app/docs • API Source Code: GitHub • DOI: 10.5281/zenodo.17049435 • Frontend Source Code: GitHub • DOI: 10.5281/zenodo.17050053 • cruz.rio.br • Expectantes Misericordiae