Economic Consequences of Lower Military Spending : Some Simulation Results /
The IMF MULTIMOD model is used to trace the economic impact of a 20 percent reduction in world military expenditures. GDP falls in the short run, however private consumption and investment rise, leading to an increase in GDP in the medium and long run. The estimated gains to economic welfare are sub...
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| Другие авторы: | , |
| Формат: | Журнал |
| Язык: | English |
| Опубликовано: |
Washington, D.C. :
International Monetary Fund,
1993.
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| Серии: | IMF Working Papers; Working Paper ;
No. 1993/017 |
| Online-ссылка: | Full text available on IMF |