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Three Essays On The Economics Of Defense Contracting, Output And Income Inequality, Edward M. Decambra
Three Essays On The Economics Of Defense Contracting, Output And Income Inequality, Edward M. Decambra
FIU Electronic Theses and Dissertations
This dissertation analyzes both the economics of the defense contracting process and the impact of total dollar obligations on the economies of U.S. states. Using various econometric techniques, I will estimate relationships across individual contracts, state level output, and income inequality. I will achieve this primarily through the use of a dataset on individual contract obligations.
The first essay will catalog the distribution of contracts and isolate aspects of the process that contribute to contract dollar obligations. Accordingly, this study describes several characteristics about individual defense contracts, from 1966-2006: (i) the distribution of contract dollar obligations is extremely rightward skewed, …