This Article Full Text (PDF) References Alert me when this article is cited Alert me if a correction is posted Citation Map Services Email this article to a friend Similar articles in this journal Alert me to new issues of the journal Add to Saved Citations Download to citation manager Request Permissions Request Reprints Add to My Marked Citations Citing Articles Citing Articles via HighWire Citing Articles via Google Scholar Citing Articles via Scopus Google Scholar Articles by Starr, H. Articles by Freeman, J. R. Search for Related Content Social Bookmarking                         What's this?

The Relationship between Defense Spending and Inflation

Francis W. Hoole

Jeffrey A. Hart

Department of Political Science, Indiana University

John R. Freeman

Department of Political Science, Massachusetts Institute of Technology

The relationship between defense spending and inflation has been of interest to scholars and policymakers throughout much of the post-World War II era. Yet there is no agreement as to the exact nature of the relationship. We attempt to shed some light on this matter by identifying the alternative conceptualizations of the relationship between defense spending and inflation that appear in the literature and subjecting them to empirical examination using data for the 1956-1979 era from four major Western powers. No significant relationship between defense spending and inflation is discovered in the cases of the United States and the United Kingdom, whereas defense spending and inflation are found to be mutually related in the cases of France and the Federal Republic of Germany.

Journal of Conflict Resolution, Vol. 28, No. 1, 103-122 (1984)
DOI: 10.1177/0022002784028001006


CiteULike    Complore    Connotea    Del.icio.us    Digg    Reddit    Technorati    Twitter    What's this?

This article has been cited by other articles:

				K. Derouen Jr. and U K Heo Defense Contracting and Domnestic Politics Political Research Quarterly, December 1, 2000; 53(4): 753 - 769. [Abstract] [PDF]

				M. D. McGinnis Richardson, Rationality, and Restrictive Models of Arms Races Journal of Conflict Resolution, September 1, 1991; 35(3): 443 - 473. [Abstract]

				A. R. Chowdhury A Causal Analysis of Defense Spending and Economic Growth Journal of Conflict Resolution, March 1, 1991; 35(1): 80 - 97. [Abstract]

				D. R. Davis and M. D. Ward They Dance Alone: Deaths and the Disappeared in Contemporary Chile Journal of Conflict Resolution, September 1, 1990; 34(3): 449 - 475. [Abstract]

				D. R. Davis and S. Chan The Security-Welfare Relationship: Longitudinal Evidence from Taiwan Journal of Peace Research, February 1, 1990; 27(1): 87 - 100. [Abstract]

				G. Lindgren Review Essay : Armaments and Economic Performance in Industrialized Market Economies Journal of Peace Research, January 1, 1984; 21(4): 375 - 387. [Abstract] [PDF]