IMF Staff papers, Volume 43 No. 1.
This paper extends a standard growth model and obtains consistent panel data estimates of the growth retarding effects of military spending via its adverse impact on capital formation and resource allocation. Simulation experiments suggest that a substantial long-term 'peace dividend'-in t...
| Співавтор: | |
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| Формат: | Журнал |
| Мова: | English |
| Опубліковано: |
Washington, D.C. :
International Monetary Fund,
1996.
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| Серія: | IMF Staff Papers; IMF Staff Papers ;
No. 1996/001 |
| Онлайн доступ: | Full text available on IMF |