Defence Inflation: Perspectives and Prospects

ISBN-13: 9780367143176 / Angielski / Miękka / 2019 / 132 str.

Keith Hartley; Binyam Solomon

Opis

Defence inflation is a recurring factor in determining defence spending. It is widely reported in official government publications and in the trade press, but remains relatively neglected by defence and peace economists. In this book, international contributors distinguish between defence inflation and cost escalation, and identify the causes of both. They use specific case studies to address a wide variety of theoretical and empirical issues and key questions, including: does defence inflation affect all countries? What are its effects? Why does it occur? How (if at all) can it be controlled? This book was originally published as a special issue of Defence and Peace Economics.

Spis treści

1. Introduction: Defence Inflation Keith Hartley and Binyam Solomon  2. Defense Inflation: What has Happened, Why has it Happened, and What can be Done About it? Edward G. Keating and Mark V. Arena  3. UK Defence Inflation and Cost Escalation Keith Hartley  4. Investment Cost Escalation – An Overview of the Literature and Revised Estimates Kjetil Hove and Tobias Lillekvelland  5. Inflation Adjustments for Defense Acquisition Stanley A. Horowitz, Bruce R. Harmon and Daniel B. Levine  6. Defence-Specific Inflation – The Swedish Perspective Peter Nordlund  7. The Capability Factors as Explanatory Variables of Equipment Unit Cost Growth: A Methodological Proposal Juha-Matti Lehtonen and Jukka Anteroinen