@article{ref1,
title="Guns-butter tradeoff in contemporary China",
journal="Defence and security analysis",
year="2014",
author="Wang, Yu",
volume="30",
number="1",
pages="67-75",
abstract="This study offers an investigation of the relationship between defense and social spending in the People's Republic of China. In particular, three consecutive questions are answered here. Does a warfare-welfare tradeoff exist in China's budgetary allocation? Is it positive or negative? What is the causal direction involved? By applying a vector autoregression analysis for the period of 1952-2006, this study finds a unidirectional crowd-out effect going from defense to social spending.<p />",
language="en",
issn="1475-1798",
doi="10.1080/14751798.2013.864867",
url="http://dx.doi.org/10.1080/14751798.2013.864867"
}