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Impact of Military Expenditure on Domestic Economy: A CGE Modelling Approach for India

Impact of Military Expenditure on Domestic Economy: A CGE Modelling Approach for India

Koushik Das
Copyright: © 2018 |Pages: 25
ISBN13: 9781522547785|ISBN10: 1522547789|EISBN13: 9781522547792
DOI: 10.4018/978-1-5225-4778-5.ch006
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MLA

Das, Koushik. "Impact of Military Expenditure on Domestic Economy: A CGE Modelling Approach for India." Handbook of Research on Military Expenditure on Economic and Political Resources, edited by Ramesh Chandra Das, IGI Global, 2018, pp. 106-130. https://doi.org/10.4018/978-1-5225-4778-5.ch006

APA

Das, K. (2018). Impact of Military Expenditure on Domestic Economy: A CGE Modelling Approach for India. In R. Das (Ed.), Handbook of Research on Military Expenditure on Economic and Political Resources (pp. 106-130). IGI Global. https://doi.org/10.4018/978-1-5225-4778-5.ch006

Chicago

Das, Koushik. "Impact of Military Expenditure on Domestic Economy: A CGE Modelling Approach for India." In Handbook of Research on Military Expenditure on Economic and Political Resources, edited by Ramesh Chandra Das, 106-130. Hershey, PA: IGI Global, 2018. https://doi.org/10.4018/978-1-5225-4778-5.ch006

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Abstract

Military expenditure in the recent past has been escalated noticeably owing to the nuclear testing and arms race between India and Pakistan and has the prudent prospect of further boost up in the coming years. In this chapter, India's military expenditure has been modelled in a computable general equilibrium framework in order to analyze its impacts over the macro economy. Alternative policy option has been suggested to fiance it and to reduce the social cost of the higher defense expenditure.

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