Military spending and stochastic growth

DOI10.1016/S0165-1889(02)00134-3zbMath1179.91157OpenAlexW2133744762MaRDI QIDQ951446

Heng-Fu Zou, Liutang Gong

Publication date: 24 October 2008

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

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

zbMATH Keywords

capital accumulationstochastic growthmilitary spendingarms race

Mathematics Subject Classification ID

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

Related Items (4)

Optimal military spending, trade and stochastic economic growth ⋮ MILITARY SPENDING, THREATS AND STOCHASTIC GROWTH ⋮ 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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• Macroeconomic Policies, Growth, and Welfare in a Stochastic Economy
• International Risk Sharing and Economic Growth
• Optimal Economic Growth and Wealth Effects
• A Dynamic Model of an Armaments Race

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