The impact of arms production on the South African manufacturing industry

Birdi, Alvin, Dunne, Paul and Saal, David S. (2000). The impact of arms production on the South African manufacturing industry. Defence and Peace Economics, 11 (4), pp. 597-613.

Abstract

The 1977 UN arms embargo was one of the main factors which led South Africa to establish a largely self sufficient import-substituting arms industry capable of meeting the apartheid state's demand for sophisticated weaponry. While macroeconomic studies suggest that high military spending had a damaging effect on economic growth, no studies have investigated the disaggregated impact of military expenditure on industrial development. This paper applies panel data methods to the Industrial Development Corporation's Sectoral Database in order to analyse the level effects of military spending.

Publication DOI: https://doi.org/10.1080/10430710008404969
Divisions: Aston Business School > Economics finance & entrepreneurship
Aston Business School
Uncontrolled Keywords: arms production,government spending,manufacturing,panel data
Full Text Link: http://www.tandfonline.com/10.1080/10430710008404969
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Published Date: 2000
Authors: Birdi, Alvin
Dunne, Paul
Saal, David S.

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