Public investment in defense and technological progress: a DSGE model
This paper argues the importance of investment in defense, as part of public investment in enhancing the industrial and technological base of the country as well as in the development of innovative productive sectors. The analysis is performed through models of dynamic stochastic general equilibrium...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Universidad Complutense de Madrid
2017-05-01
|
| Series: | Papeles de Europa |
| Subjects: | |
| Online Access: | http://147.96.1.34/index.php/PADE/article/view/56336 |