Military Spending and Economic Growth in Turkey: A Wavelet Approach

Khalid, Usman; Habimana, Olivier

doi:10.1080/10242694.2019.1664865

Cited by 26 publications

(16 citation statements)

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“…Elde edilen sonuçlar; belirtilen dönemde Hindistan'da değişkenler arasında nedensel ilişkinin olmadığını göstermiştir. Khalid ve Habimana (2019), Türkiye ekonomisinde ekonomik büyüme ile askerî harcamalar arasındaki ilişkiyi açıklamak için dalgacık teorisi yaklaşımını kullanmıştır. Elde edilen sonuçlar, askerî harcamaların büyümeyi teşvik edebileceğine dair olan görüşleri reddederek, uzun vadede Türkiye örneğinde bu durumun geçerli olmadığını göstermektedir.…”

Section: Literatür Taramasıunclassified

Türkiye Ekonomisi İçin Benoit Hipotezinin Geçerliliği

Aydın

2021

Savunma Bilimleri Dergisi

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Section: Literatür Taramasıunclassified

Türkiye Ekonomisi İçin Benoit Hipotezinin Geçerliliği

Aydın

2021

Savunma Bilimleri Dergisi

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“…The causality analysis revealed unidirectional causality link from growth to defense expenditures. Khalid and Habimana (2019) used the wavelet theory to explain Benoit Hypothesis in the Turkish Economy. The results reject views that defence expenditures can stimulate growth.…”

Section: Empirical Literature On the Relationship Between Economic Growth And Defense Expendituresmentioning

confidence: 99%

Theoretical and Empirical Literature of The Relationship Between Defense Expenditures and Economic Growth

Aydın

2021

Finans Ekonomi Ve Sosyal Araştırmalar Dergisi

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In the economics literature, it is considered that defense expenditure, which is characterized as public spending, may negatively affect growth either by crowding out effect of investments within the framework of the Neo-Classical Approach, or positively affect economic growth by increasing aggregate demand within the framework of the Keynesian Approach. Benoit examined the connection among defense expenditures and economic growth in developing countries in his study in 1973 and he revealed the existence of a positive relationship among the variables. This result has been described as the Benoit Hypothesis in the economics literature. Within the framework of the Benoit Hypothesis, the relationship between variables was studied in many academic articles. However, the findings obtained in the empirical literature made a difference, and a common conclusion could not be reached about the validity of the hypothesis. In this study, it is aimed to bring together the theoretical and empirical findings on the relationship between militariy expenditures and growth.

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“…During the 1970s, military spending increased by 2.5% per year throughout the world, and 75% of military trade was composed of arms sales from developed (arms producer) countries to developing (Third World) countries (Mountjoy, 1983, p. 139), with a spillover effect (Günlük-Şenesen, 1994). Khalid and Habimana have revealed that military expenditures have a significant negative impact on growth in per capita GDP at business cycles of 16 years and longer (Khalid & Habimana, 2019, p. 12).…”

Section: Literature Reviewmentioning

confidence: 99%

Security Environment and Military Spending of Turkey in the 2000s

Erdağ

2020

Contemporary Review of the Middle East

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A significant change in Turkey’s foreign policy came with an active engagement in regional issues that, in turn, produced more risks, new areas of interest, regional policy arrangements, and different security challenges in the 2000s. In this vein, Turkey’s military spending has increased to sustain its active policy behavior and goals, both regionally and globally. This article examines Turkey’s military spending between 2000 and 2018 by using Stockholm International Peace Research Institute’s (SIPRI) Military Expenditure Database and its effects on bilateral and regional relations. It argues that the increase in Turkey’s military spending in the 2000s can be explained not only by diversified security threats but also by the quest for autonomy, the desire to be a regional actor, economic capacity increase, efforts to nationalize the defense industry, and the North Atlantic Treaty Organization (NATO) alliance’s inability to form a sufficient umbrella time in the face of security threats, notably in the face of missile threats. The results show that the traditional alliances and strategic cooperation do not guarantee Turkey’s military demands, and its military spending increases, while the proportion of military spending in GDP falls, due to economic growth.

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Military Spending and Economic Growth in Turkey: A Wavelet Approach

Cited by 26 publications

References 50 publications

Türkiye Ekonomisi İçin Benoit Hipotezinin Geçerliliği

Türkiye Ekonomisi İçin Benoit Hipotezinin Geçerliliği

Theoretical and Empirical Literature of The Relationship Between Defense Expenditures and Economic Growth

Security Environment and Military Spending of Turkey in the 2000s

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