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Plant to Implement Halt Index under 3 General Rules of Defense Armament Transfer: Development of New Index that Will Replace 1% Framework of GDP

Author

Listed:
  • Katsushi Mizuno
  • Go Igusa
  • Shio Ando
  • Eiji Takeda

Abstract

In April, 2014, the cabinet reexamined the 3 general rules of arms export and they approved these 3 general rules of arms armament transfer. In addition, with the GDP calculation method being revised in December 2016, this amount is expected to increase further. The purpose of this study is to propose the framework of defense spending for the next phase, since as of current, Japan is no longer able to contain its defense spending within 1 % ratio to GDP. This study is unique in a sense that this is the first ever research to analyze the economic model regarding the lifting of ban on Japanese arms export in 2014, that used Leontief’s industry related analysis that was originally created to analyze disarmament. We would like to propose its halt index by analyzing the economic model. As one method of effective implementation, we propose to set a new criterion of “shy away from setting both index of power of dispersion and index of sensitivity above 1”, and strategize economic policy and defense policy under this premise.

Suggested Citation

  • Katsushi Mizuno & Go Igusa & Shio Ando & Eiji Takeda, 2016. "Plant to Implement Halt Index under 3 General Rules of Defense Armament Transfer: Development of New Index that Will Replace 1% Framework of GDP," International Journal of Social Science Studies, Redfame publishing, vol. 4(12), pages 38-46, December.
  • Handle: RePEc:rfa:journl:v:4:y:2016:i:12:p:38-46
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    References listed on IDEAS

    as
    1. David Saal, 2001. "The impact of procurement-driven technological change on U.S. manufacturing productivity growth," Defence and Peace Economics, Taylor & Francis Journals, vol. 12(6), pages 537-568.
    2. Katsushi Mizuno & Shio Ando & Go Igusa, 2016. "Verification of the Japanese Government¡¯s Level of Utility with Respect to Defense: Creation and Measurement of an MAI-I Model," International Journal of Social Science Studies, Redfame publishing, vol. 4(8), pages 86-94, August.
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    More about this item

    Keywords

    within 1% framework of the nominal GDP; halt index; input-output table; index of sensitivity; index of power of dispersion;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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