THE ASYMMETRIC EFFECT OF DEFENSE EXPENDITURES ON ECONOMIC GROWTH

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dc.authorscopusid57223936109
dc.authorscopusid58061874900
dc.contributor.authorDemirtaş, I.
dc.contributor.authorGüven, F.
dc.date.accessioned2023-05-06T17:19:37Z
dc.date.available2023-05-06T17:19:37Z
dc.date.issued2022
dc.departmentEnstitüler, Sosyal Bilimler Enstitüsü, İktisat Ana Bilim Dalı
dc.description.abstractDefense expenditures play a critical role in protecting countries' borders and providing security and stability within the country. However, the effect of these expenditures on economic growth is unclear in the literature. In the study, the effect of defense expenditures on economic growth was analyzed with the ARDL Bound Test and the Hatemi-J Asymmetric Causality Test over the 1987-2020 period in Turkey. The findings revealed that defense expenditures have a negative impact on economic growth. Besides, there is an asymmetric causality relationship between defense expenditures and economic growth. Turkey's geographical location and strategic importance cause it to increase the amount and composition of defense expenditures Therefore, it will be necessary for policymakers to consider efficiency in resource allocation when making decisions regarding defense expenditures. © 2022, Symmetrion. All rights reserved.
dc.identifier.doi10.26830/symmetry_2022_4_447
dc.identifier.endpage462
dc.identifier.issn0865-4824
dc.identifier.issue4en_US
dc.identifier.scopus2-s2.0-85146179807
dc.identifier.scopusqualityQ1
dc.identifier.startpage447
dc.identifier.urihttps://doi.org/10.26830/symmetry_2022_4_447
dc.identifier.urihttps://hdl.handle.net/20.500.11776/11888
dc.identifier.volume33
dc.identifier.wosWOS:001068713100009
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.institutionauthorGüven, Ferhat
dc.language.isoen
dc.publisherSymmetrion
dc.relation.ispartofSymmetry: Culture and Science
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.subjectARDL Bound Test
dc.subjectasymmetric causality
dc.subjectdefense expenditures
dc.subjecteconomic growth
dc.titleTHE ASYMMETRIC EFFECT OF DEFENSE EXPENDITURES ON ECONOMIC GROWTH
dc.typeArticle

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