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Guns Versus Butter
其他書名
A Disaggregated Analysis
出版SSRN, 2020
URLhttp://books.google.com.hk/books?id=Ba_2zgEACAAJ&hl=&source=gbs_api
註釋Prior studies of the guns-versus-butter trade-off have focused on total military expenditures and sub-components of welfare spending (education, health, and housing). I extend the analysis to include the major sub-components of the defense budget. The results are consistent with Clayton's; Domke, Eichenberg, and Kelleher's; and Russett's findings of a lack of defense-welfare trade-off in the 1947-80 era but reveal very specific trade-offs during the Reagan years.