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Guns Versus Butter: A Disaggregated Analysis

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  • Mintz, Alex

Abstract

Prior studies of the guns-versus-butter trade-off have focused on total military expenditures and subcomponents of welfare spending (education, health, and housing). I extend the analysis to include the major subcomponents of the defense budget. The results are consistent with Clayton's; Domke, Eichenberg, and Kelleher's; and Russett's findings of a lack of defense-welfare trade-off in the 1947–80 era but reveal very specific trade-offs during the Reagan years.

Suggested Citation

  • Mintz, Alex, 1989. "Guns Versus Butter: A Disaggregated Analysis," American Political Science Review, Cambridge University Press, vol. 83(4), pages 1285-1293, December.
    • Handle: RePEc:cup:apsrev:v:83:y:1989:i:04:p:1285-1293_08
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    Cited by:

    1. Hendrickson, Joshua R. & Salter, Alexander William & Albrecht, Brian C., 2018. "Preventing plunder: Military technology, capital accumulation, and economic growth," Journal of Macroeconomics, Elsevier, vol. 58(C), pages 154-173.
    2. Shahbaz, Muhammad & Leitão, Nuno Carlos & Uddin, Gazi Salah & Arouri, Mohamed & Teulon, Frédéric, 2013. "Should Portuguese economy invest in defense spending? A revisit," Economic Modelling, Elsevier, vol. 35(C), pages 805-815.
    3. Alejandro Quiroz Flores, 2011. "Alliances as Contiguity in Spatial Models of Military Expenditures," Conflict Management and Peace Science, Peace Science Society (International), vol. 28(4), pages 402-418, September.
    4. Uk Heo & John Bohte, 2012. "Who Pays for National Defense? Financing Defense Programs in the United States, 1947–2007," Journal of Conflict Resolution, Peace Science Society (International), vol. 56(3), pages 413-438, June.
    5. Vincent Mahler, 1992. "Measuring public sector size in the advanced market economy countries: The problem of deflators," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 27(4), pages 311-325, December.
    6. Benjamin E. Goldsmith, 2003. "Bearing the Defense Burden, 1886-1989," Journal of Conflict Resolution, Peace Science Society (International), vol. 47(5), pages 551-573, October.
    7. Ying Zhang & Xiaoxing Liu & Jiaxin Xu & Rui Wang, 2017. "Does military spending promote social welfare? A comparative analysis of the BRICS and G7 countries," Defence and Peace Economics, Taylor & Francis Journals, vol. 28(6), pages 686-702, November.
    8. Rabia Aslam, 2007. "Measuring The Peace Dividend: Evidence From Developing Economies," Defence and Peace Economics, Taylor & Francis Journals, vol. 18(1), pages 39-52.
    9. Ying Zhang & Xiaoxing Liu & Rui Wang & Ruobing Tang, 2016. "Revisiting the “Guns versus Butter” Argument in China (1950–2014): New Evidence from the Continuous Wavelet Analysis," Sustainability, MDPI, vol. 8(7), pages 1-13, July.
    10. Eric S. Lin & Hamid E. Ali & Yu-Lung Lu, 2015. "Does Military Spending Crowd Out Social Welfare Expenditures? Evidence from a Panel of OECD Countries," Defence and Peace Economics, Taylor & Francis Journals, vol. 26(1), pages 33-48, February.
    11. Uk Heo & Min Ye, 2016. "Defense Spending and Economic Growth around the Globe: The Direct and Indirect Link," International Interactions, Taylor & Francis Journals, vol. 42(5), pages 774-796, October.
    12. James H. Lebovic, 2001. "Spending Priorities and Democratic Rule in Latin America," Journal of Conflict Resolution, Peace Science Society (International), vol. 45(4), pages 427-452, August.
    13. Michael D. McGinnis, 1991. "Richardson, Rationality, and Restrictive Models of Arms Races," Journal of Conflict Resolution, Peace Science Society (International), vol. 35(3), pages 443-473, September.
    14. repec:ipg:wpaper:2014-380 is not listed on IDEAS
    15. Wen-Yi Chen & Yai-Wun Liang & Yu-Hui Lin, 2018. "Does Health Spending Crowd out Defense in the United States? Evidence from Wavelet Multiresolution Analysis," Defence and Peace Economics, Taylor & Francis Journals, vol. 29(7), pages 780-793, November.
    16. Laron K. Williams, 2019. "Guns Yield Butter? An Exploration of Defense Spending Preferences," Journal of Conflict Resolution, Peace Science Society (International), vol. 63(5), pages 1193-1221, May.
    17. HeeMin Kim & Hyeyoung Yoo & Jungho Roh, 2015. "A re-examination of the effects of the economy, government spending, and incumbent ideology on national policy mood," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 18(4), pages 329-344, December.
    18. Josef Simpart, 2024. "Military Expenditure and Economic Growth: A Meta-Analysis," Working Papers IES 2024/8, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Feb 2024.
    19. Chiung-Ju Huang & Yuan-Hong Ho, 2018. "Does Taiwan's Defense Spending Crowd out Education and Social Welfare Expenditures?," Journal of Economics and Management, College of Business, Feng Chia University, Taiwan, vol. 14(1), pages 67-82, February.
    20. Guo Ping & Alotaish Mohammed Saud M., 2017. "Revisiting the Causal Nexus between Defense Expenditure and Economic Growth: Time Series Analysis for Saudi Arabia," Asian Journal of Economic Modelling, Asian Economic and Social Society, vol. 5(1), pages 35-43, March.
    21. Ali Hamid E., 2011. "Military Expenditures and Human Development: Guns and Butter Arguments Revisited: A Case Study from Egypt," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 17(1), pages 1-21, September.
    22. Posma Sariguna Johnson Kennedy, 2022. "Is There Competition in Budget Policy of Education and Defense in Indonesia?," International Journal of Economics and Financial Research, Academic Research Publishing Group, vol. 8(2), pages 58-62, 06-2022.

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