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Free enterprise and the challenge of defense
Journal Article
Economic and monetary aspects of the defense program
Journal Article
Seeding technology with defense dollars
Journal Article
Banks and defense program
Journal Article
Industrial activity and the defense program
Journal Article
Defense spending flies high in the Southeast
Journal Article
How do changes in military spending affect the economy? Evidence from state-level data
One reason that business cycle turning points are hard to understand and predict may be that economists typically employ linear models, while a growing body of research suggests that many economic variables interact in a nonlinear fashion. This study measures the contribution of changes in military spending to business cycles. It uses data at the state level, which offer the advantages of a great diversity and volume of data relative to the aggregate, and a framework capable of capturing nonlinear and asymmetric relationships.> The results suggest that military spending is a significant ...
Journal Article
Current developments in industry and agriculture