| Titre | Military spending, technical progress, and economic growth: a critical overview on mainstream defense economics | |
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| Auteur | Rémy Herrera, Eleonora Gentilucci | |
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Revue | Journal of Innovation Economics |
| Numéro | no 12, 2013 Defence, Innovations and Growth | |
| Page | 13-35 | |
| Résumé anglais |
This article, which focuses on the macro-dynamic branches of defense economics, aims at showing that the mainstream literature – the neoclassical school or the methodologies closely related to it – devoted to the effects of military spending stumbles over worrying difficulties, by throwing light on its insuperable theoretical and empirical limitations. The authors' criticism applies to: demand-side and supply-side models (first part); formalizations with technological spin-off effects, externalities or public goods (second part); and simulation models, including the most recent ones with endogenous technical progress growth models (third part).JEL Codes: H56, O31, O32, O47, P43 Source : Éditeur (via Cairn.info) |
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| Article en ligne | http://www.cairn.info/article.php?ID_ARTICLE=JIE_012_0013 |
