On the relationship between defense and non-defense spending in the US during the world wars

被引：3

作者：

Beetsma, Roel M. W. J.

Cukierman, Alex

Giuliodori, Massimo

机构：

[1] Univ Amsterdam, Dept Econ, NL-1018 WB Amsterdam, Netherlands

[2] Univ Amsterdam, Tinbergen Inst, CEPR & CESifo, NL-1018 WB Amsterdam, Netherlands

[3] Tel Aviv Univ, IL-69978 Tel Aviv, Israel

来源：

ECONOMICS LETTERS | 2007年 / 95卷 / 03期

关键词：

defense expenditures; non-defense expenditures; world wars; correlation; taxation;

D O I：

10.1016/j.econlet.2006.11.017

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We show that U.S. defense and non-defense expenditures were positively correlated during World War I and negatively during World War II. We rationalize this pattern in a model with falling spending complementarities and rising marginal tax distortions as government grows. (c) 2006 Elsevier B.V. All rights reserved.

引用

页码：415 / 421

页数：7