| ID | 128042 |
| Title Proper | Guns-butter tradeoff in contemporary China |
| Language | ENG |
| Author | Wang, Yu |
| Publication | 2014. |
| Summary / Abstract (Note) | This study offers an investigation of the relationship between defense and social spending in the People's Republic of China. In particular, three consecutive questions are answered here. Does a warfare-welfare tradeoff exist in China's budgetary allocation? Is it positive or negative? What is the causal direction involved? By applying a vector autoregression analysis for the period of 1952-2006, this study finds a unidirectional crowd-out effect going from defense to social spending. |
| `In' analytical Note | Defense and Security Analysis Vol. 30, No.1; Mar 2014: p.67-75 |
| Journal Source | Defense and Security Analysis Vol. 30, No.1; Mar 2014: p.67-75 |
| Key Words | China ; Defense ; Social Spending ; Tradeoff ; VAR |