75 research outputs found
Keith Hartley, The Political Economy of Aerospace Industries: A Key Driver of Growth and International Competitiveness?
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F. Melese, A. Richter and B. Solomon, "Chapter 1: Introduction, Military Cost-Benefit Analysis (CBA): Theory & Practice" in
Get PDFHardcover. This is a single chapter from a book to be published in June 8, 2015. In honor of the
Defense Resources Management Institute (DRMI)
Graduate School of Business & Public Policy
Naval Postgraduate School
Monterey, CaliforniaMilitary Cost-Benefit Analysis (CBA) offers a vital tool to help guide
governments through both stable and turbulent times. As countries struggle with
the dual challenges of an uncertain defense environment and cloudy fiscal
prospects, CBA offers a unique opportunity to transform defense forces into more
efficient and effective 21st century organizations
NATO BENEFITS, BURDENS AND BORDERS: REPLY
No full textThis note implements the sensitivity analysis suggested by Sandler and re-examines the robustness of the concordance between NATO benefits and burdens.Burden sharing, Joint product model, NATO; Public goods, Exposed borders,
Brief Review of Selected Papers at the Sydney, Australia Peace Science Conference -- December, 1997
No full textThe demand for Canadian defence expenditures
No full textThis paper presents an analysis of the determinants of the demand for Canadian military expenditures through the estimation of a demand for defence expenditures model for the time period 1952-2001 using, among others, the auto-regressive distributed lag approach to cointegration (ARDL) to estimate and test cointegration and long run relationships. The findings suggest that Canadian defence spending is determined by NATO's (Europe) defence spending, that of the US to a lesser extent, relative price effects and opportunity cost considerations. In light of the fact that Canada's national, foreign and defence interests are tied to international organizations and bilateral arrangements, the results are not surprising.ARDL models, Joint product model, NATO, Relative price effects, Demand models,
The Economic Analysis for a Peacekeeping Mission: A Summary Paper
No full textThis paper on the economic analysis of a peacekeeping mission used the United Nations Mission in Haiti (UNMIH) as a case study and covered the period August 1995 to February 1996 inclusive. Given the fact that a peace mission is a complex process that requires the agreementof the Security Council at the UN, the consent of the host country (if a functioning state exists),the troop contributing countries and the internal UN bureaucracy, the paper divides the mission into three time phases for a more structured review. The three time phases include: the pre-deployment phase, where issues such as the budgeting process and troop size and allocation are discussed; the deployment phase, where themain concerns from an economic perspectives are the economic consequences of the mission onthe host country and the efficiency and cost-effectiveness of the mission; and the post deployment phase where economic development issues as well as post-conflict strategies are themain concern.
Defence specific inflation: A Canadian perspective
No full textThis paper presents a brief description of the Canadian Department of National Defence (DND) price trend model and the associated chained Laspeyres defence specific price index. The paper also discusses the theoretical justification for and against defence specific inflation (DSI) and presents empirical evidence that explains DSI. Comparative analysis is also conducted with other popular price indices such as the Gross Domestic Product (GDP) deflator and the Consumer Price Index (CPI).Inflation, Dnd Contracts, Laspeyres Index, Chained Index, Firm/Fixed Price Contracts,
Demand for Military Spending: The case of the MENA Region
Get PDFArab Spring and the domestic unrest and the threat of terrorism that followed are not the main causes of the recent spike in military spending in the region, as the bulk of arms purchases have largely been conventional heavy weaponry, such as combat aircraft, armored vehicles, and missile systems. The results indicate that military spending in the MENA region does exhibit high income elasticity and status is further signaled through regional clubs such as the Arab League. MENA countries face substantial opportunity cost of military spending and only weakly respond to local threats. The so-called ‘resource curse’ is not a strong indicator of military posture in MENA especially within the neoclassical demand model setting and robust estimation that account for dynamics and endogeneity
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