The Economics of Defense / Edition 1

by Todd Sandler, Keith Hartley

Overview

Defense economics examines both peace and defense issues, using such macroeconomic and microeconomic tools as growth theory, static optimization, dynamic optimization, comparative statics, game theory and econometrics. This book provides an up-to-date survey of the field of defense economics, synthesizing and unifying the vast literature in this area. Many aspects of defense, disarmament, conversion and peace are examined; both demand and supply issues of defense spending are analyzed.

Product Details

ISBN-13:	9780521447287
Publisher:	Cambridge University Press
Publication date:	05/18/1995
Series:	Cambridge Surveys of Economic Literature
Edition description:	New Edition
Pages:	404
Sales rank:	1,147,105
Product dimensions:	6.02(w) x 9.09(h) x 0.94(d)

Table of Contents

1. Defense economics: an introduction; Part I. Alliances, Defense Demand and Arms Races: 2. The economic theory of alliances; 3. The demand for military expenditures; 4. Arms races; Part II. Defense Inputs, Industrial Base and Growth: 5. Procurement: theories, evidence and policies; 6. Military manpower; 7. Defense and the industrial base; 8. Economic growth, development and military expenditures; Part III. Defense Policies, Trade, Disarmament and Conversion: 9. Industrial and alliance policies; 10. Arms trade; 11. Arms control and disarmament; 12. Conversion; Part IV. New Developments and Future Directions: 13. Nonconventional conflict: revolutions, guerrilla warfare and terrorism; 14. Conclusions and research agenda for the future.

Editorial Reviews

"This book establishes a new standard of excellence in the defense and peace economics field for breadth and depth of coverage and accessibility. An excellent balance has been struck between rigor and discussion. The book will appeal to a wide audience." Charles Anderton, Holy Cross College

From the Publisher