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ID: 185495

Country Survey: Canadian Military Expenditure and Defence Policy / Skogstad, Karl; Compton, Ryan A

Compton, Ryan A	Journal Article
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Summary/Abstract

This paper provides an overview of the Canadian defence sector following the Cold War. A review of Canadian defence policy in this period indicates that, though the mission of the Canadian military did not change, fiscal realities forced severe restrictions on the size and capabilities of the organization. Comparisons between Canada and other G7 NATO nations indicate that throughout this period, Canada has consistently devoted fewer resources to the military than its allies. A review of Canada’s defence industrial base and defence policy indicates that this limited funding has led to a small and uncompetitive defence sector in the Canadian economy. Lastly, a regression analysis of Canada’s defence spending is undertaken which reveals that domestic economic variables are the primary determinant of Canadian defence spending during this period.

Key Words

NATO ; Military Expenditure ; Defence Spending ; Canadian Defence

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ID: 144113

Military spending and growth: the role of institutions / Compton, Ryan A; Paterson, Bryan

Compton, Ryan A	Article
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Recent literature on whether military spending affects economic growth argues that the relationship may be a conditional one. We add to this literature by considering the role that ‘good institutions’ play in the effect of military spending on growth. Using data from a sample of over 100 countries from 1988 to 2010, our analysis suggests that the effect of military spending on growth is generally negative or zero at best, and this effect is mitigated in the presence of good economic and political institutions.

Key Words

Institutions ; Military Expenditure ; Defence Economics ; Growth

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