Debates on many aspects of defence economics - on the scale of defence expenditure, on the allocation of that expenditure to various military capabilities, and on the selection of equipment offering the best value for money - are bedevilled by misunderstandings and misconceptions about the costs...

This paper undertakes an empirical analysis of the economic effects of military spending on the South African economy. It estimates a neo-classical model common in the literature at the level of the macroeconomy and at the level of the manufacturing sector. An attempt is made to improve upon the...

Recently in this journal Hooper and Butler (1996) drew attention to the scale of job loss associated with restructuring in the defence sector in the aftermath of the Cold War. They noted that there is comparatively little knowledge of the experiences of workers following the closure of defence...

This paper provides a contribution to the growing corpus of knowledge and understanding of the interaction between economic growth and defence spending in South Africa by specifying a Keynesian simultaneous equation model and estimating the system for the period 1961 to 1997. The model contains...