Exploring the Defence Industry´s Macroeconomic and Microeconomic Perspectives under New Security Conditions

The purpose of this paper is to explore the economic aspects of the defense industry under new security conditions. The paper utilizes data from SIPRI. To address the impact of the defense industry, descriptive and comparative analysis methods were employed. From statistical methods, regression analysis was applied to selected countries for the years 2014 and 2022. GDP per capita, military expenditures, arms exports, and the granting of military licen ses are interconnected. Arms exports, along with issued arms export licenses, can be considered a driving force for gross domestic product growth.

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Publication Details

Journal
Challenges to national defence in a contemporary geopolitical situation
Published
2024-11-07
DOI
https://doi.org/10.3849/cndcgs.2024.597
Primary Topic
Defense, Military, and Policy Studies
Type
article
Field-Weighted Citation Impact
0.00
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article

Exploring the Defence Industry´s Macroeconomic and Microeconomic Perspectives under New Security Conditions

Miroslav Krč, Vendula HYNKOVÁ
Challenges to national defence in a contemporary geopolitical situation
Defense, Military, and Policy Studies
article

Exploring the Defence Industry´s Macroeconomic and Microeconomic Perspectives under New Security Conditions

Miroslav Krč, Vendula HYNKOVÁ
article en

Abstract

The purpose of this paper is to explore the economic aspects of the defense industry under new security conditions. The paper utilizes data from SIPRI. To address the impact of the defense industry, descriptive and comparative analysis methods were employed. From statistical methods, regression analysis was applied to selected countries for the years 2014 and 2022. GDP per capita, military expenditures, arms exports, and the granting of military licen ses are interconnected. Arms exports, along with issued arms export licenses, can be considered a driving force for gross domestic product growth.

Challenges to national defence in a contemporary geopolitical situationVol. 1(1)
Decent work and economic growth
Openalex Percentile: Top 76%
Defense, Military, and Policy Studies
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