The relationship between military spending and economic growth has been a hot issue in defense economics for decades, but the empirical results have not been consistent. Considering the "learning by doing" effect of military spending and knowledge creation of R&D department, this paper takes the endogenous growth model as the framework, and, through the dynamic analysis of the growth rate of knowledge and capital, finds that the spillover effect of military spending will diverge the path of economic growth. The relationship between m and g(Y) of the USA is further investigated, which shows the results of this model have a good explanatory power. On this basis, the enlightenment of the model results is analyzed.
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页码:4413 / 4425
页数:13
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[1]
Alexander W.Robert J., 1990, Defense Economics, V2, P39, DOI [DOI 10.1080/10430719008404677, 10.1080/10430719008404677]
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US Naval Postgrad Sch, Grad Sch Business & Publ Policy, Monterey, CA 93943 USAUS Naval Postgrad Sch, Grad Sch Business & Publ Policy, Monterey, CA 93943 USA
Augier, Mie
;
McNab, Robert
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US Naval Postgrad Sch, Def Resources Management Inst, Monterey, CA USAUS Naval Postgrad Sch, Grad Sch Business & Publ Policy, Monterey, CA 93943 USA
McNab, Robert
;
Guo, Jerry
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US Naval Postgrad Sch, Grad Sch Business & Publ Policy, Monterey, CA 93943 USAUS Naval Postgrad Sch, Grad Sch Business & Publ Policy, Monterey, CA 93943 USA
Guo, Jerry
;
Karber, Phillip
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Potomac Fdn, Vienna, VA USAUS Naval Postgrad Sch, Grad Sch Business & Publ Policy, Monterey, CA 93943 USA
机构:
US Naval Postgrad Sch, Grad Sch Business & Publ Policy, Monterey, CA 93943 USAUS Naval Postgrad Sch, Grad Sch Business & Publ Policy, Monterey, CA 93943 USA
Augier, Mie
;
McNab, Robert
论文数: 0引用数: 0
h-index: 0
机构:
US Naval Postgrad Sch, Def Resources Management Inst, Monterey, CA USAUS Naval Postgrad Sch, Grad Sch Business & Publ Policy, Monterey, CA 93943 USA
McNab, Robert
;
Guo, Jerry
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h-index: 0
机构:
US Naval Postgrad Sch, Grad Sch Business & Publ Policy, Monterey, CA 93943 USAUS Naval Postgrad Sch, Grad Sch Business & Publ Policy, Monterey, CA 93943 USA
Guo, Jerry
;
Karber, Phillip
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h-index: 0
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Potomac Fdn, Vienna, VA USAUS Naval Postgrad Sch, Grad Sch Business & Publ Policy, Monterey, CA 93943 USA