A note on defence spending in Turkey: New findings

Sezgin S.

DEFENCE AND PEACE ECONOMICS, cilt.11, sa.4, ss.427-435, 2000 (SSCI) identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 11 Sayı: 4
  • Basım Tarihi: 2000
  • Doi Numarası: 10.1080/10430710008404957
  • Dergi Adı: DEFENCE AND PEACE ECONOMICS
  • Derginin Tarandığı İndeksler: Social Sciences Citation Index (SSCI), Scopus
  • Sayfa Sayıları: ss.427-435
  • Anahtar Kelimeler: Turkey, defence expenditure, economic growth, unit root tests, ECONOMIC-GROWTH
  • Eskişehir Osmangazi Üniversitesi Adresli: Hayır

Özet

The relationship between defence spending and economic growth has been examined extensively in recent years using the Feder (1983) model. These studies suffer from poor statistical results. In this paper, the earlier findings of Sezgin (1997), which used the Feder model are re-estimated. Firstly, the stationarity of variables is tested. Due to the non-stationarity of some variables, regressions are performed using first differences of variables. Secondly, lags are introduced into the Feder model. The statistical results are highly improved. Not only is a strong positive association between defence spending and economic growth found for Turkey, but also human capital is positively correlated to Turkish economic growth with a lag.