Abstract
The comparison of military expenditures raises a number of technical, economic and political difficulties.1 These are due to differing monetary units from one country to another, conceptual differences, secrecy, and the statistical difficulty of treating different kinds of armament on the same footing.
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Reference
Edwards, I., Hughes, M. and Noren, J. ‘US & USSR: Comparisons of GNP’, in Soviet Economy in a Time of Change, Vol. 1 (Jt Econ. Comm., Congress of the United States, Washington 10 Oct. 1979) p. 378.
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© 1987 International Economic Association
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Fontanel, J. (1987). A Note on the International Comparison of Military Expenditures. In: Schmidt, C. (eds) The Economics of Military Expenditures. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-08919-2_2
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DOI: https://doi.org/10.1007/978-1-349-08919-2_2
Publisher Name: Palgrave Macmillan, London
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Online ISBN: 978-1-349-08919-2
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