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ID168861
Title ProperAllocating the U.S. Department of Defense Budget
Other Title Information Revisiting the ‘Incremental/Fair Share Model’
LanguageENG
AuthorSeki, Hiroyuki
Summary / Abstract (Note)This article examines the ‘incremental/fair share model’ that was proposed by Alex Mintz in 1988 concerning the budget allocation of the U.S. Department of Defense. Although Mintz was unable to confirm the correctness of his model, this study demonstrated it to be statistically significant. In the statistical analyses, I used the two-stage least squares method and Durbin’s h-test to better scrutinize the model’s adequacy. Few previous studies have addressed the allocation of the U.S. defence budget; consequently, the incremental/fair-share model should constitute a starting point for further research on the U.S. defence budget allocation.
`In' analytical NoteDefence and Peace Economics Vol. 30, No.6; Nov 2019: p.719-732
Journal SourceDefence and Peace Economics Vol: 30 No 6
Key WordsDefence ;  United States ;  Budget Allocation ;  Incrementalism ;  Fair Share


 
 
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