Download

Download eBook for Free

FormatFile SizeNotes
PDF file 3.2 MB

Use Adobe Acrobat Reader version 10 or higher for the best experience.

Purchase

Purchase Print Copy

 FormatList Price Price
Add to Cart Paperback74 pages $25.00 $20.00 20% Web Discount

This Note describes the circumstances in which defense spending might generate economic gains or losses that are not reflected in defense budgets. The author generates a kind of checklist for analysts trying to assess the nonmilitary consequences of defense spending — a list of generic situations in which the social costs and benefits of defense spending may be larger or smaller than the defense budget suggests. The Note presents a general framework for thinking about how defense spending may affect the civilian economy; describes some specific circumstances in which defense spending may have beneficial consequences for the civilian economy; details some frequently alleged benefits of defense spending that are difficult to credit; and considers circumstances in which defense spending may harm the civilian economy, circumstances in which the social costs of defense spending are likely to exceed the budgetary costs. Finally, it considers how defense spending may or may not be different from other types of government spending in its effects on the civilian economy and identifies circumstances in which defense spending may generate benefits for the civilian economy.

This report is part of the RAND Corporation note series. The note was a product of the RAND Corporation from 1979 to 1993 that reported other outputs of sponsored research for general distribution.

Permission is given to duplicate this electronic document for personal use only, as long as it is unaltered and complete. Copies may not be duplicated for commercial purposes. Unauthorized posting of RAND PDFs to a non-RAND Web site is prohibited. RAND PDFs are protected under copyright law. For information on reprint and linking permissions, please visit the RAND Permissions page.

The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.