期刊名称:International Review of Social Sciences and Humanities
印刷版ISSN:2250-0715
电子版ISSN:2248-9010
出版年度:2014
卷号:6
期号:2
页码:206-213
出版社:International Review of Social Sciences and Humanities
摘要:This paper sets up a dynamic optimization model to analyze the impact of military threats on defense industry. We prove that a rise in the foreign military threats will result in the shift of economic resources from the civilian sector to the defense sector. As a result, civilian sector shrinks and defense sector expands, a phenomenon resemble to so-called ‘Dutch disease’ in the trade literature.