Military spending and stochastic growth

DOI10.1016/S0165-1889(02)00134-3MaRDI QIDQ951446zbMATH OpenOpenAlexFDO

Authors Liutang Gong, H.-f. Zou

Publication date 24 October 2008

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/s0165-1889(02)00134-3

zbMATH Keywords

arms racecapital accumulationmilitary spendingstochastic growth

Mathematics Subject Classification ID

Resource and cost allocation (including fair division, apportionment, etc.) (91B32) Economic growth models (91B62) Macroeconomic theory (monetary models, models of taxation) (91B64) Stochastic models in economics (91B70)

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Cites work

• 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
• scientific article; zbMATH DE number 3291777 (Why is no real title available?)
• scientific article; zbMATH DE number 3314898 (Why is no real title available?)
• International Risk Sharing and Economic Growth
• Macroeconomic Policies, Growth, and Welfare in a Stochastic Economy
• Optimal Economic Growth and Wealth Effects
• 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

(9)

• A dynamic model of capital and arms accumulation
• EU demand for defense, 1990--2019: a strategic spatial approach
• Episodes of war and peace in an estimated open economy model
• Military spending, threats and stochastic growth
• Optimal military spending, trade and stochastic economic growth
• Arms build-up and arms race in optimal economic growth
• Nonlinear economic growth dynamics in the context of a military arms race
• Stability and mean growth rate of stochastic Solow model driven by jump-diffusion process
• Production technologies in stochastic continuous time models

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