TY - JOUR
T1 - Human Capital and National Security
AU - Bar-El, Ronen
AU - Pecht, Eyal
AU - Tishler, Asher
N1 - Publisher Copyright:
© 2018 Informa UK Limited, trading as Taylor & Francis Group
PY - 2018/6/19
Y1 - 2018/6/19
N2 - This study evaluates the relationship between a country’s human capital and its capacity to achieve, over time, effective national security. We show that an increase in the importance that a country attributes to its future, and/or in the effectiveness of its education system, leads to a decline in its current civilian services but to increases in its future human capital, civilian services, national security, and social welfare. Data for the Israeli-Iranian arms race confirm our predictions and show that a predilection for short-term political or personal gains impedes investment in human capital and inhibits future economic growth, national security and social welfare.
AB - This study evaluates the relationship between a country’s human capital and its capacity to achieve, over time, effective national security. We show that an increase in the importance that a country attributes to its future, and/or in the effectiveness of its education system, leads to a decline in its current civilian services but to increases in its future human capital, civilian services, national security, and social welfare. Data for the Israeli-Iranian arms race confirm our predictions and show that a predilection for short-term political or personal gains impedes investment in human capital and inhibits future economic growth, national security and social welfare.
KW - Arms race
KW - budget allocation
KW - education
KW - human capital
KW - national security
UR - http://www.scopus.com/inward/record.url?scp=85048772604&partnerID=8YFLogxK
U2 - 10.1080/10242694.2018.1485088
DO - 10.1080/10242694.2018.1485088
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AN - SCOPUS:85048772604
SP - 1
EP - 21
JO - Defence and Peace Economics
JF - Defence and Peace Economics
SN - 1024-2694
ER -