By Christian Schmidt
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Additional resources for The Economics of Military Expenditures: Military Expenditure, Economic Growth and Fluctuations
Sample text
Figures for the US are extracted from official trade statistics on military transfers compiled by the US Departments of State and Defence ... For data on foreign countries, ACDA used official US Government sources, and the data have been rounded. The difficulties in collecting information on the full scope of Soviet deliveries and in placing a value on them require that the Soviet figure be regarded as an approximation ... Soviet arms transfer and foreign trade data are taken from sources which present them directly in dollars; hence particular caution should be used in comparing these statistics for arms transfers and foreign trade with other Soviet data.
The second of these assumptions seems a slightly less anti-bureaucratic assumption than the first. It is tempting to measure the increase in productivity of the average members of the armed forces, by an index showing an increase in the total quantum of lethal power available to the armed forces, divided by the increase in that number. The output of a soldier, it can be argued, is his kill-potential. Such a calculation would of course produce an astronomical increase in productivity. There is thus no single unambiguous figure for measuring the volume increase of military expenditure: it depends on the price index used.
Production is acquisition of equipment only. plus net exports. USA As above. Japan As above. Arms exports and imports: FR Germany, World Military Expenditures and Arms Transfers 1968-77 (WashingUSA and ton, DC. ACDA. Oct. 1979). Japan UK As above. rate of increase in the costs of different types of military hardware with the general rise in prices in various countries, and to take any rise in military costs over the general price rise as representing product improvement. 5 the comparison is made with the consumer price index.