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...
| 主要作者: | |
|---|---|
| 其他作者: | , |
| 格式: | 杂志 |
| 语言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
1993.
|
| 丛编: | IMF Working Papers; Working Paper ;
No. 1993/017 |
| 在线阅读: | Full text available on IMF |