Country Survey: Military Expenditure And Its Impact On Productivity In Italy, 1988–2008

Raul Caruso, Addesa Francesco

Risultato della ricerca: Contributo in rivistaArticolo in rivistapeer review

9 Citazioni (Scopus)

Abstract

This paper analyses the military expenditures in Italy over the period 1988–2008. The estimation of a conventional model of military expenditure shows that the choices of military expenditure by Italian governments are influenced by US and, to a lesser extent, the other NATO countries’ defence spending. In particular, the negative association between the US and NATO average military expenditure on the Italian one suggests a free-rider behaviour of Italy. Eventually, we focus on the relationship between productivity and military expenditure. The results suggest that there is a negative association between productivity and military expenditures in the long run. Namely, if military expenditures were substituted by civilian expenditures, the Italian overall productivity would be expected to improve.
Lingua originaleEnglish
pagine (da-a)471-484
Numero di pagine14
RivistaDefence and Peace Economics
DOI
Stato di pubblicazionePubblicato - 2012

Keywords

  • military expenditures
  • productivity

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