The Economics of Military Capital.

Abstract

Military capital is an aggregate measure of all durable assets of the defense establishment. The report investigates two related measures of military capital: the instantaneous-productive capacity of military capital, which equals the total monetary value of the benefits provided by the assets at some point in time, and the long-run productive capacity of military capital, which equals the monetary value of the benefits by the assets over the remainder of their service lives. These two measures can be determined by utilizing information that is likely to be available to the analyst. Both deterioration and changes in asset quality are properly accounted for in the determination. (Author)

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Document Details

Document Type
Technical Report
Publication Date
May 01, 1981
Accession Number
ADA104026

Entities

People

  • Gregory G. Hildebrandt

Organizations

  • RAND Corporation

Tags

Communities of Interest

  • Ground and Sea Platforms
  • Weapons Technologies

DTIC Thesaurus Topics

  • Acquisition
  • Air Force
  • Competition
  • Economic Analysis
  • Economics
  • Efficiency
  • Equations
  • Maintenance Costs
  • Maintenance Requirements
  • Materials
  • Measurement
  • Military Capabilities
  • Military Equipment
  • Military Facilities
  • Spare Parts
  • Supply Depots
  • United States

Readers

  • Aerosol Science/Aerosol Physics
  • Defense Financial Management and Audit.
  • Life Cycle Cost Analysis