TY  - JOUR
PY  - 1994//
TI  - Military R and D: The economic implications of disarmament and conversion
JO  - Defence and peace economics
A1  - Egea, Alejandro Nadal
SP  - 131
EP  - 151
VL  - 5
IS  - 2
N2  - The recent evolution of expenditures in military R&D is analyzed. The causes for the downward rigidity of expenditures in military R&D in the U.S. are examined, as well as the possible impact of a reduction in the medium- and long-term. The issues of productivity growth, spin-offs and crowding-out are considered. In general terms, it is not possible to justify high levels of military R&D expenditures on purely economic reasons. Finally, prospects and obstacles to conversion of resources devoted to military R&D are examined. Conversion is a process requiring resources, time and government intervention. The experience of science and technology policy can be applied fruitfully in this area.<p /> 
LA  - 
SN  - 1024-2694
UR  - http://dx.doi.org/10.1080/10430719408404786
ID  - ref1
ER  -