| ID | 128835 |
| Title Proper | Cyclical properties of Spanish defence expenditure |
| Language | ENG |
| Author | Forniésa, Claudia Pérez ; Cámarab, Noelia ; Gadeaa, Maria Dolores |
| Publication | 2014. |
| Summary / Abstract (Note) | The propensity of cutting some government spending during the crisis time generates the incentive for some policy-makers and governments to modify certain expenses irrespective to output variations. The goal of this paper is to analyse the cyclical properties of defence expenditure in Spain (1978-2009) and to characterize the consequences of economic and political cycles on this public spending. |
| `In' analytical Note | Defence and Peace Economics Vol.25, No.1; February 2014: p.7-22 |
| Journal Source | Defence and Peace Economics Vol.25, No.1; February 2014: p.7-22 |
| Key Words | Defence Spending ; Real Business Cycle ; Political Business Cycle ; Defence Economy ; Economic Cycle ; Monetary Policy ; Fiscal Policy ; Public Finance ; Spain ; Spanish Economy ; Spanish Defence Expenditure |