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A Study on the Economic Effects of Defense Expenditure According to Economic Situations

  • Journal of The Korea Society of Computer and Information
  • Abbr : JKSCI
  • 2025, 30(2), pp.181-188
  • Publisher : The Korean Society Of Computer And Information
  • Research Area : Engineering > Computer Science
  • Received : January 22, 2025
  • Accepted : February 25, 2025
  • Published : February 28, 2025

Jaewon Hong 1 Seungbae Park 2

1경상국립대학교
2서일대학교

Accredited

ABSTRACT

This study aimed to examine the role of defense expenditures in response to changes in economic conditions and to examine the impact of defense expenditures on the national economy. To this end, we collected data on defense spending, unemployment rate, GDP, and economic growth rate through the Ministry of National Defense and the National Statistical Portal. The results of the study are as follows. First, defense spending had a positive relationship with GDP. Second, the influence of defense spending on employment rates varied depending on economic situations. In other words, the effect of defense spending on employment rate had a greater impact when the economic conditions were bad than when the economic conditions were good. This study aimed to provide a perspective on the economic contribution of defense spending and efficient defense spending by identifying the differential influence of defense spending on the national economy depending on economic situations.

Citation status

* References for papers published after 2023 are currently being built.

This paper was written with support from the National Research Foundation of Korea.