Recent Trends in LDC Military Expenditures
dc.contributor.author | Porter, Richard C. | en_US |
dc.date.accessioned | 2013-11-14T23:21:58Z | |
dc.date.available | 2013-11-14T23:21:58Z | |
dc.date.issued | 1987-06 | en_US |
dc.identifier.other | MichU DeptE ResSIE D204 | en_US |
dc.identifier.other | H560 | en_US |
dc.identifier.other | J310 | en_US |
dc.identifier.other | J450 | en_US |
dc.identifier.other | O170 | en_US |
dc.identifier.uri | https://hdl.handle.net/2027.42/100907 | |
dc.description.abstract | Several alarming and largely ignored trends in the size and structure of military expenditure of less developed countries (LDCs) have appeared during the past quarter century. New, fuller, and better data series permit us to discern four of these recent trends sufficiently clearly to call them “stylized facts†of the contemporary development process: (1) LDC defense expenditures have been rising as a fraction of GDP; (2) the capital cost component of this spending appears to have been rising relative to the operating cost component; (3) the portion of the LDC population serving in the armed forces has been increasing; and (4) LDC military wages appear to have been rising relative to civilian wages. | en_US |
dc.description.sponsorship | Research Seminar in International Economics, Department of Economics, University of Michigan | en_US |
dc.relation.ispartofseries | Seminar Discussion Paper | en_US |
dc.subject | LDC Military Spending | en_US |
dc.subject.other | National Security and War | en_US |
dc.subject.other | Wage Level and Structure | en_US |
dc.subject.other | Wage Differentials | en_US |
dc.subject.other | Public Sector Labor Markets | en_US |
dc.subject.other | Formal and Informal Sectors | en_US |
dc.subject.other | Shadow Economy | en_US |
dc.subject.other | Institutional Arrangements | en_US |
dc.subject.other | LDC | en_US |
dc.title | Recent Trends in LDC Military Expenditures | en_US |
dc.type | Working Paper | en_US |
dc.subject.hlbsecondlevel | Economics | en_US |
dc.subject.hlbtoplevel | Social Sciences | en_US |
dc.description.bitstreamurl | http://deepblue.lib.umich.edu/bitstream/2027.42/100907/1/ECON357.pdf | |
dc.owningcollname | Economics, Department of - Working Papers Series |
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Economics, Department of - Working Papers Series
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