Journal article
The Keynesian IS-MR Model and Military Spending
Defence and Peace Economics, Vol.26(2), pp.213-221
2015
Abstract
The issue of guns or butter is one of the most fundamental economic questions, yet there is no consensus on a theoretical framework for examining it. Over the last decade, a version of a simple Keynesian macroeconomic model has been applied a number of times to examining the link between defence spending and economic growth in a range of countries. There are reasons for doubting the soundness of this model as a basis for empirical work.
Details
- Title
- The Keynesian IS-MR Model and Military Spending
- Authors
- William R J Alexander (Author) - University of the Sunshine Coast - Faculty of Arts and Business
- Publication details
- Defence and Peace Economics, Vol.26(2), pp.213-221
- Publisher
- Routledge
- Date published
- 2015
- DOI
- 10.1080/10242694.2013.857449
- ISSN
- 1024-2694; 1024-2694
- Organisation Unit
- School of Business and Creative Industries; Indigenous and Transcultural Research Centre; University of the Sunshine Coast, Queensland; USC Business School - Legacy
- Language
- English
- Record Identifier
- 99448872802621
- Output Type
- Journal article
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