2024
Exploring the Defence Industry´s Macroeconomic and Microeconomic Perspectives under New Security Conditions
KRČ, Miroslav and Vendula HYNKOVÁBasic information
Original name
Exploring the Defence Industry´s Macroeconomic and Microeconomic Perspectives under New Security Conditions
Authors
KRČ, Miroslav (203 Czech Republic) and Vendula HYNKOVÁ (203 Czech Republic, belonging to the institution)
Edition
Vol.1 No.1. Brno, Czech Republic, Challenges to National Defence in Contemporary Geopolitical Situation, p. 597-602, 6 pp. 2024
Publisher
General Jonas Žemaitis Military Academy of Lithuania and University of Defence
Other information
Language
English
Type of outcome
Proceedings paper
Field of Study
50202 Applied Economics, Econometrics
Country of publisher
Lithuania
Confidentiality degree
is not subject to a state or trade secret
Publication form
electronic version available online
References:
Organization unit
AMBIS University
ISSN
EID Scopus
2-s2.0-85209546027
Keywords (in Czech)
defence industry, arms export, arms import, military spending, defence expenditures, new security conditions, arms trading, economic growth, national security
Keywords in English
defence industry;arms export;arms import;military spending;defence expenditures;new security conditions;arms trading;economic growth;national security
Tags
Tags
International impact
Changed: 11/3/2025 17:45, Ing. Kateřina Lendrová
Abstract
In the original language
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.