The political economy of military spending: evidence from the United States

Griffin, Laura; Wallace, Miriam L.; Devine, Joel A.

doi:10.1093/oxfordjournals.cje.a035497

Cited by 60 publications

(26 citation statements)

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“…Griffin, Devine, and Wallace (1982) argue, from a new-Marxian perspective, that expenditures are used by national policy makers to regulate levels of unemployment during periods of economic contraction. Their empirical findings of the effects of aggregate military expenditures on labor force growth between 1949 and 1976 support their argument.…”

Section: Military Expenditures Labor Force Growth and Economic Devementioning

confidence: 99%

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Bringing the Military Back in: Military Expenditures and Economic Growth 1990 to 2003

Kentor

Kick

2008

JWSR

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Section: Military Expenditures Labor Force Growth and Economic Devementioning

confidence: 99%

“…For instance, Griffen, Devine andWallace (1982a, 1982b; see also Mintz and Hicks 1984;Kick and Sharda 1986) argue that when total military expenditures effects only are estimated, the different effects of its parts are missed. This position finds empirical support in the literature.…”

Section: Disaggregating Military Expenditures: a Capital Intensive MImentioning

confidence: 99%

Bringing the Military Back in: Military Expenditures and Economic Growth 1990 to 2003

Kentor

Kick

2008

JWSR

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“…Nincic and Cusack (1979) examined the impact that election cycles have on spending, and found that upcoming elections are correlated with increased defence spending. Griffin, Wallace, and Devine (1982) showed that regressions which include internal factors, such as the size of the government, GDP, inflation, and unemployment, outperform regressions which focus solely on external factors. Cusack and Ward (1981) also finds that internal factors, such as elections, aggregate demand fluctuations, and general economic performance, outperform external factors as determinants of defence budgets, in the US, USSR, and China.…”

Section: Introductionmentioning

confidence: 99%

“…12 Goldsmith (2003). 13 Nincic and Cusack (1979), Griffin, Wallace, and Devine (1982). 14 Maizels and Nissanke (1986).…”

mentioning

confidence: 99%

Defence Budgets in the Post-Cold War Era: A Spatial Econometrics Approach

Skogstad

2015

SSRN Journal

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This paper examines the determinants of national defence budgets in the post-Cold War era using a spatial econometric framework. Using data for 124 countries over a 16 year time period, I examine spatial relationships in defence spending to investigate how countries account for the military spending of other countries when setting their budgets. Using specially developed weighting matrices, the regression results indicate that defence budgets are positively spatially correlated. These results provide support for the use of "external" factors when examining defence budgets over this time period. The importance of a country's spatial location when setting its budget is further examined through the identification of regions of high and low defence spending.JEL classification: F52, H56

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“…Griffin, Wallace, and Devine examined defense spending levels in the United States from 1949 to 1976 and concluded that "military outlays [as a percentage of GNP] do appear to be employed as a counter-cyclical fiscal instrument by the state." 16 Treddenick tested for the impact of economic variables on the recent pattern of Canadian military expenditures. Specifically, he wished to see whether expenditures in Canada might be determined by "domestic economic imperatives ... independent of any security considerations."…”

Section: Iooney/frederiksenmentioning

confidence: 99%

Economic Determinants Of Latin American Defense Expenditures

Looney¹,

Frederiksen

1988

Armed Forces & Society

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This article examines the economic determinants of military spending levels in developing countries through a time-series analysis of 10 Latin American countries. The paper integrates a number of main themes in the defense economics literature. The results indicate that a large proportion of the observed variability in military budgets can be explained by one of four alternative models that include either economic variables (gross domestic product and either government revenues or government expenditures) or military budget levels lagged one year, or both. A major conclusion is that it is difficult to predict which of the four models is most appropriate for each country; a priori knowledge of a state's oil exports, regime type, indigenous weapons production, or relative resource constraints is of little help. Since no common model was found, forecasts that use economic variables should be done on a case-by-case approach, also considering the timing of fiscal impacts.

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The political economy of military spending: evidence from the United States

Cited by 60 publications

References 0 publications

Bringing the Military Back in: Military Expenditures and Economic Growth 1990 to 2003

Bringing the Military Back in: Military Expenditures and Economic Growth 1990 to 2003

Defence Budgets in the Post-Cold War Era: A Spatial Econometrics Approach

Economic Determinants Of Latin American Defense Expenditures

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