The Economics Of Defense Industry

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The Economics of the Global Defence Industry

Author : Keith Hartley
Publisher : Routledge
ISBN 13 : 0429882696
Total Pages : 499 pages
Book Rating : 4.4/5 (298 download)

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Book Synopsis The Economics of the Global Defence Industry by : Keith Hartley

Download or read book The Economics of the Global Defence Industry written by Keith Hartley and published by Routledge. This book was released on 2019-11-08 with total page 499 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book makes an original contribution to our knowledge of the world’s major defence industries. Experts from a wide range of different countries – from the major economies of North America and Western Europe to developing economies and some unique cases such as China, India, Singapore, South Africa and North Korea – describe and analyse the structure, conduct and performance of the defence industry in that country. Each chapter opens with statistics on a key nation’s defence spending, its spending on defence R&D and on procurement over the period 1980 to 2017, allowing for an analysis of industry changes following the end of the Cold War. After the facts of each industry, the authors describe and analyse the structure, conduct and performance of the industry. The analysis of ‘structure’ includes discussions of entry conditions, domestic monopoly/oligopoly structures and opportunities for competition. The section on ‘conduct’ analyses price/non-price competition, including private and state funded R&D, and ‘performance’ incorporates profitability, imports and exports together with spin-offs and technical progress. The conclusion explores the future prospects for each nation’s defence industry. Do defence industries have a future? What might the future defence firm and industry look like in 50 years’ time? This volume is a vital resource and reference for anyone interested in defence economics, industrial economics, international relations, strategic studies and public procurement.

The Politics and Economics of Defence Industries

Author : Efraim Inbar
Publisher : Routledge
ISBN 13 : 1135226946
Total Pages : 244 pages
Book Rating : 4.1/5 (352 download)

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Book Synopsis The Politics and Economics of Defence Industries by : Efraim Inbar

Download or read book The Politics and Economics of Defence Industries written by Efraim Inbar and published by Routledge. This book was released on 2013-09-13 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides a policy-relevant analysis of the complex web of contemporary economic trends, political developments and strategic considerations that are shaping the contours of the new post-Cold War world market for weaponry.

Defence Economics

Author : Keith Hartley
Publisher : Cambridge University Press
ISBN 13 : 1108890008
Total Pages : 130 pages
Book Rating : 4.1/5 (88 download)

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Book Synopsis Defence Economics by : Keith Hartley

Download or read book Defence Economics written by Keith Hartley and published by Cambridge University Press. This book was released on 2020-08-20 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Element introduces students, policy-makers, politicians, governments and business-people to this new discipline within economics. It presents the recent history of the subject and its range of coverage. Traditional topics covered include models of arms races, alliances, procurement and contracting, as well as personnel policies, industrial policies and disarmament. Newer areas covered include terrorism and the economics of war and conflict. A non-technical approach is used and the material will be accessible to both economists and general readers.

Handbook of Defense Economics

Author : Todd Sandler
Publisher : Elsevier
ISBN 13 : 0080478298
Total Pages : 699 pages
Book Rating : 4.0/5 (84 download)

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Book Synopsis Handbook of Defense Economics by : Todd Sandler

Download or read book Handbook of Defense Economics written by Todd Sandler and published by Elsevier. This book was released on 2007-04-12 with total page 699 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second volume of the Handbook of Defense Economics addresses defense needs, practices, threats, and policies in the modern era of globalization. This new era concerns the enhanced cross-border flows of all kinds (e.g., capital and labor flows, revolutionary rhetoric, guerrillas, and terrorists) including the spillovers of benefits and costs associated with public goods and transnational externalities (i.e., uncompensated interdependencies affecting two or more nations). These ever-increasing flows mean that military armaments and armies are less able to keep out security threats. Thus, novel defense and security barriers are needed to protect borders that are porous to terrorists, pollutants, political upheavals, and conflicts. Even increased trade and financial flows imply novel security challenges and defenses. Globalization also underscores the importance of a new set of institutions (e.g., the European Union and global governance networks) and agents (e.g., nongovernmental organizations and partnerships). This volume addresses the security challenges in this age of globalization, where conflicts involve novel tactics, new technologies, asymmetric warfare, different venues, and frightening weapons. Volume 2 contains topics not covered in volume 1 – i.e., civil wars, peacekeeping, economic sanctions, the econometrics of arms races, conversion, peace economics, and the interface of trade, peace, and democracy. Volume 2 also revisits topics from volume 1, where there has been a significant advancement of knowledge – i.e., conflict analysis, terrorism, arms races, arms trade, military manpower, and arms industries. All of the main securities concerns of today are analyzed. Chapters are written by the leading contributors in the topic areas. *Up-to-date surveys on the pressing defense issues: theoretical, empirical and policy issues.*Coverage of theoretical and empirical studies of terrorism.*Contributions by the leading researchers in the field of defense economics.

The Economics of Arms

Author : Keith Hartley
Publisher : Economics of Big Business
ISBN 13 : 9781911116240
Total Pages : 204 pages
Book Rating : 4.1/5 (162 download)

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Book Synopsis The Economics of Arms by : Keith Hartley

Download or read book The Economics of Arms written by Keith Hartley and published by Economics of Big Business. This book was released on 2017 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains how the arms industry makes its money. Keith Hartley offers an authoritative nontechnical introduction to the economics of arms industries and considers future trends, such as whether arms industries are better under state or private ownership, and how they can meet the challenge of new threats in different forms.

The Economics of Defense Industry

Author :
Publisher :
ISBN 13 : 9781003400936
Total Pages : 0 pages
Book Rating : 4.4/5 (9 download)

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Book Synopsis The Economics of Defense Industry by :

Download or read book The Economics of Defense Industry written by and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book on the economics of defence industry assesses a series of historical and contemporary case studies that consistently demonstrate the need for governments to recognise, and thereafter factor, the financial needs of a narrow industrial sector that is capital intensive, technologically advanced and that requires a highly skilled labour force. Since the end of the cold war, Western governments have systematically reduced financial support to their domestic defence industry and have seemingly ignored planning and funding industrial mobilisation. In all cases, government policy has been to encourage industries to consolidate capacity to become financially viable in a sector that has seen diminished demand. The 2022 Russian invasion of Ukraine has caused Western governments to reassess their previous assumptions. Efforts to increase industrial capacity have been met with the iron laws of economics whereby businesses need to show return on investments. The chapters in this volume posit that efforts to rationalise industrial capacity and innovation to meet short-term financial efficiencies, inevitably results in limited, expensive, and long delays in increased production in times of international crisis. This book serves as an essential guide for academics, researchers and students interested in defence economics, industrial economics, international relations, and industrial policy. The chapters in this book were originally published in various issues of Defense & Security Analysis.

The Political Economy of Defence

Author : Ron Matthews
Publisher : Cambridge University Press
ISBN 13 : 1108424929
Total Pages : 525 pages
Book Rating : 4.1/5 (84 download)

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Book Synopsis The Political Economy of Defence by : Ron Matthews

Download or read book The Political Economy of Defence written by Ron Matthews and published by Cambridge University Press. This book was released on 2019-05-09 with total page 525 pages. Available in PDF, EPUB and Kindle. Book excerpt: A contemporary and comprehensive analysis of national and supranational defence governance in an uncertain and increasingly dangerous world. This book will appeal to policymakers, analysts, graduate students and academics interested in defence economics, political economy, public economics and public policy.

Defense Economics

Author : Gavin Kennedy
Publisher : Bloomsbury Academic
ISBN 13 :
Total Pages : 262 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Defense Economics by : Gavin Kennedy

Download or read book Defense Economics written by Gavin Kennedy and published by Bloomsbury Academic. This book was released on 1983 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Study of defence economics, defence budgeting and arms procurement in UK, France, Germany, Federal Republic, Canada, USA, and USSR, the defence industry's militarism, and economics of disarmament - includes a literature survey of military expenditure and background economic theory; examines NATO and selected countries' gross national product and per capita national income; analyses defence planning, inter- relationship between military institutions and industries supplying military hardware; considers impact of defence spending. Bibliography.

The Political Economy Of National Defense

Author : William J Weida
Publisher : Routledge
ISBN 13 : 1000304523
Total Pages : 224 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis The Political Economy Of National Defense by : William J Weida

Download or read book The Political Economy Of National Defense written by William J Weida and published by Routledge. This book was released on 2019-07-11 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely and wide-ranging study covers both the economic and the political aspects of defense spending—first by providing a theoretical framework and then by explaining, in a political economy context, the results of decisions to allocate scarce resources to defense. In doing so, the authors provide a comprehensive picture of the interaction between defense spending and the economic and political structure of the United States, complementing their exploration of topical concerns such as SDI with analysis of long-term trends and issues of timeless importance in the defense debate. Because of the politicizing of defense planning and procurement, there have been few significant applications of optimization techniques to high-level defense issues over the past decade. As a result, there has been a rapid decline in the importance of those techniques—historically the focus of books on defense economics. Like its predecessors, this book presents optimization techniques applicable to a wide variety of defense problems, but it also illustrates what happens in actual practice and why defense decisions are often not economically efficient. The authors discuss alternatives for cases when political constraints make efficient solutions unlikely and explore changes in the defense establishment and political structures that would make economically efficient resource allocations a reality.

The Economics of Defense

Author : Todd Sandler
Publisher : Cambridge University Press
ISBN 13 : 9780521447287
Total Pages : 408 pages
Book Rating : 4.4/5 (472 download)

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Book Synopsis The Economics of Defense by : Todd Sandler

Download or read book The Economics of Defense written by Todd Sandler and published by Cambridge University Press. This book was released on 1995-05-18 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: This compelling book provides an up-to-date survey of the field of defense economics, the study of defense and peace issues, with the application of economic analysis and methods. The subject embraces both microeconomics and macroeconomics, taking into account such features as growth theory, comparative statistics, game theory and econometrics. A wide range of topics are addressed, including all aspects of the economics of defense, disarmament, conversion and peace. The implications of different organizational forms and their performances are examined, considering the efficient management of defense resources budgets and internal markets in the armed forces. In this groundbreaking volume, Sandler and Hartley synthesize and unify the vast literature on defense economics and peace science.

The Structure of the Defense Industry

Author : Nicole Ball
Publisher : Routledge
ISBN 13 : 1000371271
Total Pages : 328 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis The Structure of the Defense Industry by : Nicole Ball

Download or read book The Structure of the Defense Industry written by Nicole Ball and published by Routledge. This book was released on 2021-05-30 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Proponents of arms control and disarmament are often confronted with the argument that reductions in defense expenditure lead to cutbacks in military industries and thus to economic hardship. While a reduction in defense production would cause some economic dislocation, this would be mitigated by the ability of the economy to adapt to changing patterns of production. This book, first published in 1983, assesses the likely effects of reductions in defense industries by an examination of the roles these industries play in national economies. Each chapter discusses industry employment, output, research and development, capital value, profitability, concentration and competition, internal organization and regional employment concentration. Other questions considered include the economic importance of weapons exports, the defense industry as a ‘leading edge’ in maintaining national technological capabilities, and the reliance of individual firms on defense contracting.

The Economics of Offsets

Author : Stephen Martin
Publisher : Routledge
ISBN 13 : 1317836650
Total Pages : 434 pages
Book Rating : 4.3/5 (178 download)

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Book Synopsis The Economics of Offsets by : Stephen Martin

Download or read book The Economics of Offsets written by Stephen Martin and published by Routledge. This book was released on 2014-07-16 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite their growth, outlined and analysed in this book, the claims and counter-claims that surround offsets have not been subjected to critical scrutiny by economists. This book fills that gap. It brings together a team of internationally renowned specialists to document and evaluate the economic impact of several countries' offset policies. In addition, the papers by industrialists and defence officials yield further insights which help to tease out which of the claims made for offsets do not stand critical scrutiny.

Defence Procurement And Industry Policy

Author : Stefan Markowski
Publisher : Taylor & Francis
ISBN 13 : 0415362881
Total Pages : 417 pages
Book Rating : 4.4/5 (153 download)

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Book Synopsis Defence Procurement And Industry Policy by : Stefan Markowski

Download or read book Defence Procurement And Industry Policy written by Stefan Markowski and published by Taylor & Francis. This book was released on 2010 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: Defence procurement remains a relatively under-researched area, mostly focusing on the USA. This revealing book looks at defence procurement from the point of view of smaller countries such as Israel, Australia, Poland and Spain.

The Defense Industry

Author : Jacques S. Gansler
Publisher : MIT Press (MA)
ISBN 13 : 9780262570596
Total Pages : 346 pages
Book Rating : 4.5/5 (75 download)

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Book Synopsis The Defense Industry by : Jacques S. Gansler

Download or read book The Defense Industry written by Jacques S. Gansler and published by MIT Press (MA). This book was released on 1982 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: A detailed economic analysis of the U.S. defense industry studies the current market, the impact of research, the approaches of other countries, and future trends

Defence Industries in the 21st Century

Author : Çağlar Kurç
Publisher : Routledge
ISBN 13 : 1000191982
Total Pages : 240 pages
Book Rating : 4.0/5 (1 download)

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Book Synopsis Defence Industries in the 21st Century by : Çağlar Kurç

Download or read book Defence Industries in the 21st Century written by Çağlar Kurç and published by Routledge. This book was released on 2021-05-13 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Defence Industries in the 21st Century explores the transformation in the global defence industrial production through examining the interaction between international and domestic factors. With the global defence industry and arms market likely continue to expand and mature, the ways in which this progression could influence international politics remain obscure. In practice, as the contents of this book show, the defence industrial bases and arms export policies of emerging states display significant variance. This variance is the result of a unique balance between domestic and international factors that has shaped the defence industrialisation behaviour and policies of the less industrialised states. One of the most important conclusions of the book is that the interplay between domestic and international factors clearly influences the variation in the emerging states’ defence industrialisation policies, as well as their success or failure. While international factors create opportunities, they also limit the options available to emerging economies. Domestic factors also play an important role by shaping the policy choices of the states’ decision makers. Exploring the balance between international and domestic factors and the ways in which they influence defence industrialisation in emerging states, Defence Industries in the 21st Century will be of great interest to scholars of Defence Industries, Arms Manufacturing, and Defence, Strategic and Security Studies more generally. The chapters were originally published in Defence Studies, Comparative Strategy and All Azimuth.

Is War Necessary for Economic Growth?

Author : Vernon W. Ruttan
Publisher : Oxford University Press
ISBN 13 : 0198040652
Total Pages : 232 pages
Book Rating : 4.1/5 (98 download)

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Book Synopsis Is War Necessary for Economic Growth? by : Vernon W. Ruttan

Download or read book Is War Necessary for Economic Growth? written by Vernon W. Ruttan and published by Oxford University Press. This book was released on 2006-01-05 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Military and defense-related procurement has been an important source of technology development across a broad spectrum of industries that account for an important share of United States industrial production. In this book, the author focuses on six general-purpose technologies: interchangeable parts and mass production; military and commercial aircraft; nuclear energy and electric power; computers and semiconductors; the INTERNET; and the space industries. In each of these industries, technology development would have occurred more slowly, and in some case much more slowly or not at all, in the absence of military and defense-related procurement. The book addresses three questions that have significant implications for the future growth of the United States economy. One is whether changes in the structure of the United States economy and of the defense-industrial base preclude military and defense-related procurement from playing the role in the development of advanced technology in the future, comparable to the role it has played in the past. A second question is whether public support for commercially oriented research and development will become an important source of new general-purpose technologies. A third and more disturbing question is whether a major war, or the threat of major war, will be necessary to mobilize the scientific, technical, and financial resources necessary to induce the development of new general-purpose technologies. When the history of United States technology development in the next half century is written, it will focus on incremental rather than revolutionary changes in both military and commercial technology. It will also be written within the context of slower productivity growth than of the relatively high rates that prevailed in the United States in the 1950s and 1960s or during the information technology bubble that began in the early 1990s. These will impose severe constraints on the capacity of the United States to sustain a global-class military posture and a position of leadership in the global economy.

Arms and Innovation

Author : James Hasik
Publisher : University of Chicago Press
ISBN 13 : 0226318893
Total Pages : 199 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis Arms and Innovation by : James Hasik

Download or read book Arms and Innovation written by James Hasik and published by University of Chicago Press. This book was released on 2008-09-15 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: With many of the most important new military systems of the past decade produced by small firms that won competitive government contracts, defense-industry consultant James Hasik argues in Arms and Innovation that small firms have a number of advantages relative to their bigger competitors. Such firms are marked by an entrepreneurial spirit and fewer bureaucratic obstacles, and thus can both be more responsive to changes in the environment and more strategic in their planning. This is demonstrated, Hasik shows, by such innovation in military technologies as those that protect troops from roadside bombs in Iraq and the Predator drones that fly over active war zones and that are crucial to our new war on terror. For all their advantages, small firms also face significant challenges in access to capital and customers. To overcome such problems, they can form alliances either with each other or with larger companies. Hasik traces the trade-offs of such alliances and provides crucial insight into their promises and pitfalls. This ground-breaking study is a significant contribution to understanding both entrepreneurship and alliances, two crucial factors in business generally. It will be of interest to readers in the defense sector as well as the wider business community.