U.S. war costs: Two parts temporary, one part permanent

成果类型:
Article
署名作者:
Edwards, Ryan D.
署名单位:
City University of New York (CUNY) System; Queens College NY (CUNY); National Bureau of Economic Research
刊物名称:
JOURNAL OF PUBLIC ECONOMICS
ISSN/ISSBN:
0047-2727
DOI:
10.1016/j.jpubeco.2014.03.008
发表日期:
2014
页码:
54-66
关键词:
National security Budget forecasts Value of life
摘要:
Military spending, fatalities, and the destruction of capital, all of which are immediately felt and are often large, are the most overt costs of war. They are also relatively short-lived. But the costs of war borne by combatants and their caretakers, which includes families, communities, and the modern welfare state, tend instead to be lifelong. In this paper I show that a significant component of the budgetary costs associated with U.S. wars is long-lived. One third to one half of the total present value of historical war costs are benefits distributed over the remaining life spans of veterans and their dependents. Even thirty years after the end of hostilities, typically half of all benefits remain to be paid. Estimates of the costs of injuries and deaths suggest that the private burden of war borne by survivors, namely the uncompensated costs of service-related injuries, are also large and long-lived. (C) 2014 Elsevier B.V. All rights reserved.
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