Is War Necessary for Economic Growth?

Is War Necessary for Economic Growth? : Military Procurement and Technology Development

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Description

Military and defence related procurement has been an important source of technology development across a broad spectrum of industries that account for an important share of United States industrial production. Changes in the structure of the defence industries and of the U.S. industrial economy make it unlikely that military and defence related procurement would again become an important source of revolutionary new technologies in the absence of a major war.show more

Product details

  • Hardback | 232 pages
  • 162.6 x 238.8 x 17.8mm | 476.28g
  • Oxford University Press Inc
  • New York, United States
  • English
  • New.
  • 9 line drawings
  • 0195188047
  • 9780195188042
  • 1,658,793

Review quote

We owe Ruttan a debt of gratitude for demonstrating yet again the importance of public sector support in the development of many major technologies. * Journal of Economic Literature *show more

About Vernon W. Ruttan

Vernon W. Ruttan is Regents Professor Emeritus in the Department of Applied Economics and Adjunct Professor in the Hubert H. Humphrey Institute of Public Affairs, University of Minnesota. His research has been on technology development and economic growth. He is the author (with Yujiro Hayami) of Agricultural Development: An International Perspective (1985); United States Development Assistance Policy (1996); and Technology, Growth and Development; An Induced Innovation Perspective (OUP, 2001).show more

Rating details

8 ratings
4.12 out of 5 stars
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4 12% (1)
3 38% (3)
2 0% (0)
1 0% (0)
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