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Does military expenditure crowd out private investment? A disaggregated perspective for the case of France
| dc.rights.license | open | en_US |
| hal.structure.identifier | Groupe de Recherche en Economie Théorique et Appliquée [GREThA] | |
| dc.contributor.author | MALIZARD, Julien | |
| dc.date.accessioned | 2020-02-19T15:27:21Z | |
| dc.date.available | 2020-02-19T15:27:21Z | |
| dc.date.issued | 2015 | |
| dc.identifier.issn | 2649993 | en_US |
| dc.identifier.uri | https://oskar-bordeaux.fr/handle/20.500.12278/3568 | |
| dc.description.abstractEn | This article explores the effects of military expenditure on private investment in France, for the period between 1980 and 2010. Using a Keynesian model, our empirical results reveal that military spending crowds out private investment, a result commonly accepted in the literature. However, our approach is original in that we use disaggregated data. Such an approach distinguishes between the effects of non-equipment expenditure which crowds out investment and those of equipment expenditure which crowds in investment. As a result, we show that military equipment and private investment are complementary to one other. | |
| dc.language.iso | EN | en_US |
| dc.subject.en | Cointegration | |
| dc.subject.en | Crowding-in | |
| dc.subject.en | Crowding-out | |
| dc.subject.en | Investment | |
| dc.subject.en | Military expenditure | |
| dc.title.en | Does military expenditure crowd out private investment? A disaggregated perspective for the case of France | |
| dc.title.alternative | Econ. Model. | en_US |
| dc.type | Article de revue | en_US |
| dc.identifier.doi | 10.1016/j.econmod.2014.10.049 | en_US |
| dc.subject.hal | Economie et finance quantitative [q-fin] | en_US |
| dc.subject.hal | Économie et finance quantitative [q-fin] | |
| bordeaux.journal | Economic Modelling | en_US |
| bordeaux.page | 44-52 | en_US |
| bordeaux.volume | 46 | en_US |
| bordeaux.hal.laboratories | Groupe de Recherche en Economie Théorique et Appliquée (GREThA) - UMR 5113 | en_US |
| bordeaux.institution | Université de Bordeaux | en_US |
| bordeaux.peerReviewed | oui | en_US |
| bordeaux.inpress | non | en_US |
| hal.identifier | hal-03124840 | |
| hal.version | 1 | |
| hal.date.transferred | 2021-01-29T08:21:49Z | |
| hal.export | true | |
| bordeaux.COinS | ctx_ver=Z39.88-2004&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.jtitle=Economic%20Modelling&rft.date=2015&rft.volume=46&rft.spage=44-52&rft.epage=44-52&rft.eissn=2649993&rft.issn=2649993&rft.au=MALIZARD,%20Julien&rft.genre=article |
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