Abstract
Economic theory predicts that military conscription is associated with static inefficiencies as well as with dynamic distortions of the accumulation of human and physical capital. Relative to an economy with an allvolunteer force, output levels and growth rates should be lower in countries that rely on a military draft to recruit their army personnel. For OECD countries, we show that military conscription indeed has a statistically significantly negative impact on economic performance.
Dokumententyp: | Paper |
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Fakultät: | Volkswirtschaft
Volkswirtschaft > Lehrstühle > CESifo-Professur für Vergleichende Institutionenökonomik |
Themengebiete: | 300 Sozialwissenschaften > 330 Wirtschaft |
Sprache: | Englisch |
Dokumenten ID: | 19503 |
Datum der Veröffentlichung auf Open Access LMU: | 15. Apr. 2014, 08:51 |
Letzte Änderungen: | 29. Apr. 2016, 09:16 |