Guns and butter
نویسندگان
چکیده
منابع مشابه
‘Guns and Butter’ in U.S. Presidential Elections
Previous models of the popular vote in U.S. Presidential elections emphasize economic growth and price stability, the role of parties and incumbency, and pre-election expectations for the future. Despite the closeness of the pre-election polls in 2004, formal models instead predict a landslide victory for President Bush. An obvious question is whether this anomaly arises, at least in part, from...
متن کاملResolving the Guns vs . Butter Tradeoff Puzzle via Full Specification
Investigations of the 'guns vs. butter' trade-off models of military spending have yielded surprisingly inauspicious results in spite of the intuitively appealing nature of the hypothesis that the more we spend on defense the less we can spend on social welfare, etc. This paper examines the standard specification of the tradeoff model and demonstrates that the lack of empirical success of this ...
متن کاملGuns, Butter, and Openness: On the Relationship Between Security and Trade
Sovereign states arm to defend real or hypothetical interests, presumably because they cannot engage in complete, long-term contracting that would prevent such arming. International trade, therefore, takes place within an essentially anarchic context, and we can expect trade regimes and security policies to be related. Indeed, many embargoes, sanctions, and various other forms of trade restrict...
متن کاملGuns, Privacy, and Crime
We investigate the impact of an information shock – the public exposure of the names and addresses of holders of handgun carry permits – on criminals’ propensity to commit crimes. In December 2008, a Memphis, TN newspaper published a searchable online database of names, zip codes, and ages of Tennessee handgun carry permit holders. Once news of the database publication spread, an intense and ac...
متن کاملRevisiting the “Guns versus Butter” Argument in China (1950–2014): New Evidence from the Continuous Wavelet Analysis
Abstract: The long-lasting “guns versus butter” argument reflects the fact that China has been experiencing a difficult choice in terms of improving the defense and social welfare sectors, and thus achieving fiscal sustainability. The result, however, is controversial. The present paper therefore re-examines the relationship between defense and social welfare by employing continuous wavelet ana...
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ژورنال
عنوان ژورنال: Journal of Chemical Education
سال: 1993
ISSN: 0021-9584,1938-1328
DOI: 10.1021/ed070p869