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This monograph is a collection of empirical and theoretical essays on the interplay between political regimes, military spending, and economic growth. Chapter 1 surveys the literature on political regimes, policies they choose and their economic consequences. Chapter 2 examines how democracy and conscription may affect the number of battlefield deaths and the value of a statistical life in military conflicts. Chapter 3 investigates how arms trade and military spending may affect economic growth. Chapter 4 examines the efficiency of political markets and factors influencing political…mehr

Produktbeschreibung
This monograph is a collection of empirical and theoretical essays on the interplay between political regimes, military spending, and economic growth. Chapter 1 surveys the literature on political regimes, policies they choose and their economic consequences. Chapter 2 examines how democracy and conscription may affect the number of battlefield deaths and the value of a statistical life in military conflicts. Chapter 3 investigates how arms trade and military spending may affect economic growth. Chapter 4 examines the efficiency of political markets and factors influencing political polarization. Chapter 5 summarizes the findings and suggests the avenues for future research.
Autorenporträt
Pavel Yakovlev is a professor of economics at Duquesne Universityin Pittsburgh, PA, USA. Dr. Yakovlev's areas of concentration arepublic finance and international economics, but he has written ona wide variety of topics including political markets, subjectivewell-being, traffic fatalities, taxation, defense, and economicgrowth.