Optimal military spending, trade and stochastic economic growth

DOI10.1007/S11424-015-4168-ZMaRDI QIDQ328219zbMATH OpenOpenAlexFDO

Authors Deng-Shan Wang, Yan Wang

Publication date 20 October 2016

Published in Journal of Systems Science and Complexity (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s11424-015-4168-z

zbMATH Keywords

tradestochastic economic growthforeign bond holdingsmilitary spendingwealth accumulation

Mathematics Subject Classification ID

Economic growth models (91B62) Optimal stochastic control (93E20)

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Cites work

• scientific article; zbMATH DE number 3314898 (Why is no real title available?)
• A Dynamic Model of an Armaments Race
• A dynamic model of capital and arms accumulation
• Formulation of Richardson's Model of Arms Race from a Differential Game Viewpoint
• Macroeconomic Policies, Growth, and Welfare in a Stochastic Economy
• Military spending and stochastic growth
• Military spending, threats and stochastic growth
• Optimum consumption and portfolio rules in a continuous-time model
• Perfect Equilibrium in a Model of Competitive Arms Accumulation
• Risk, the financial market, and macroeconomic equilibrium

Cited in

(7)

• Military spending, threats and stochastic growth
• Nonlinear economic growth dynamics in the context of a military arms race
• Information security protocol based system identification with binary-valued observations
• A method to visualize the skeleton industrial structure with input-output analysis and its application in China, Japan and USA
• A model of cold war and optimal response
• Military spending and stochastic growth
• A dynamic model of capital and arms accumulation

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