| ID | 116233 |
| Title Proper | Country survey |
| Other Title Information | military expenditure and its impact on productivity in Italy, 1988-2008 |
| Language | ENG |
| Author | Caruso, Raul ; Francesco, Addesa |
| Publication | 2012. |
| Summary / Abstract (Note) | This paper analyses the military expenditures in Italy over the period 1988-2008. The estimation of a conventional model of military expenditure shows that the choices of military expenditure by Italian governments are influenced by US and, to a lesser extent, the other NATO countries' defence spending. In particular, the negative association between the US and NATO average military expenditure on the Italian one suggests a free-rider behaviour of Italy. Eventually, we focus on the relationship between productivity and military expenditure. The results suggest that there is a negative association between productivity and military expenditures in the long run. Namely, if military expenditures were substituted by civilian expenditures, the Italian overall productivity would be expected to improve. |
| `In' analytical Note | Defence and Peace Economics Vol. 23, No.5; Oct 2012: p.471-484 |
| Journal Source | Defence and Peace Economics Vol. 23, No.5; Oct 2012: p.471-484 |
| Key Words | Military Expenditures ; Productivity |