On Efficient Allocation of Military Spending

Abstract:

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The current theory of military spending allocation is the product of traditional security concept. With the development of national security concept, theoretical innovation is in request. On the basis of the Smith`s neo-classical model and according to the multi-threats environment we established an efficient allocation of military spending model. This model indicates that in the current and future periods, the optimal scale of military spending allocated on protecting non-traditional security should be 4% of total military spending. This conclusion also shows that the ability of carrying out traditional military operation is still the core military capability.

Info:

Periodical:

Advanced Materials Research (Volumes 219-220)

Edited by:

Helen Zhang, Gang Shen and David Jin

Pages:

1647-1651

DOI:

10.4028/www.scientific.net/AMR.219-220.1647

Citation:

F. Mao et al., "On Efficient Allocation of Military Spending", Advanced Materials Research, Vols. 219-220, pp. 1647-1651, 2011

Online since:

March 2011

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Price:

$35.00

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