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...
Tác giả chính: | |
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Tác giả khác: | , |
Định dạng: | Tạp chí |
Ngôn ngữ: | English |
Được phát hành: |
Washington, D.C. :
International Monetary Fund,
1993.
|
Loạt: | IMF Working Papers; Working Paper ;
No. 1993/017 |
Truy cập trực tuyến: | Full text available on IMF |