Economic impact of cuts in defense spending
Frank Schorfheide, University of Illinois at Urbana-Champaign. Program in Arms Control, Disarmament, and International Security
Program in Arms Control, Disarmament, and International Security, University of Illinois at Urbana-Champaign, 1993 - Business & Economics - 9 pages
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ACDIS Occasional Paper annual real decline Armed Forces Arms Control assumed assumption Atesoglu and Mueller Bill Clinton canceled by effects capital stock civilian R&D civilian sector Clinton coefficient consumption costs cutback Cuts in Defense Darmstadt Defence Economics defense budget defense companies defense cuts defense expenditures defense sector defense spending Dtftnct Economics EconB EconA EconB econometric economic growth Economic Impact economic welfare equation exports factor input federal deficit billions firms Frank Schorfheide George F Germany Gold and Adams Gross National Product growth rate guns and growth HOOVER INSTITUTION Huang and Mintz Ibid Illinois at Urbana-Champaign Impact of Cuts increase International Security layoffs macroeconomic marginal productivity military R&D Mintz estimated outlay output and employment Paul Kennedy percent period post-Cold problem production function regressions relationship second economy share of GNP short run significant simulation Small Wan social Soviet Union University of Illinois variables Weidenbaum mentioned Weidenbaum pointed Wekienbaum