| ID | 136960 |
| Title Proper | Keynesian IS-MR model and military spending |
| Language | ENG |
| Author | Alexander, W. Robert J |
| Summary / Abstract (Note) | 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. |
| `In' analytical Note | Defence and Peace Economics Vol.26, No.2; Apr.2015: p.213-221 |
| Journal Source | Defence and Peace Economics Vol: 26 No 2 |
| Standard Number | Economic Growth |