Sectoral effects of reductions in NATO military expenditures in the major industrialized and developing countries
| dc.contributor.author | Haveman, Jon D. | |
| dc.contributor.author | Deardorff, Alan V. | |
| dc.contributor.author | Stern, Robert M. | |
| dc.date.accessioned | 2023-04-26T04:28:13Z | |
| dc.date.available | 2023-04-26T04:28:13Z | |
| dc.date.issued | 1992-01 | |
| dc.description.abstract | We use the Michigan model of world production and trade to assess the sectoral effects of: (1) a 25% unilateral reduction of military expenditures in the individual NATO countries and (2)a 25% multilateral reduction of military expenditures in all of the NATO countries combined. Our principal findings suggest that the overall effects of the unilateral and multilateral reductions are not substantial and that the results of the two reductions are qualitatively similar. The sectoral results, which are also broadly similar in the two experiments, suggest that sectoral such as metal products, durable goods, and community, social and personal services might be in need of transitional adjustment assistance for displaced workers in the event that the reductions in military expenditures would in fact be carried out. | en_US |
| dc.identifier.uri | http://econspace.ips.lk/handle/789/3692 | |
| dc.language.iso | en | en_US |
| dc.publisher | Institute of Public Policy studies , Michigan | en_US |
| dc.subject | NATO military expenditures | en_US |
| dc.subject | Developing countries | en_US |
| dc.title | Sectoral effects of reductions in NATO military expenditures in the major industrialized and developing countries | en_US |
| dc.type | Other | en_US |