|
|||||
|
|
THE CASE FOR DEFENCE |
|
| Authors: | Keith Hartley |
| Institution: | 1. Economics Department , University of York , York, YO 10 5DD, UK khz@york.ac.uk |
| Abstract: | What is the case for defence and is it a worthwhile investment? This question is addressed for two contrasting nations, namely, the UK and New Zealand. Economists have a set of standard analytical tools for addressing the question but they are difficult to operationalise. This paper provides policy‐relevant answers. |
| Keywords: | Defence UK New Zealand economics problem investment security public goods public choice international trade benefits free riding |