Savunma Harcamaları ve Ekonomik Büyüme İlişkisi: OECD Ülkeleri İçin Panel Eşik Değer Analizi(Defense Expenditures and Economic Growth Relationship: Panel Threshold Analysis for OECD Countries)
Since Benoit's (1973) work, which argued that defense spending positively affects economic growth, the effects of defense spending on economic growth have been widely examined, and different theories have been developed. Linear models are generally used in the study of this topic. Considering t...
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| Format: | Article |
| Language: | deu |
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Celal Bayar University
2021-09-01
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| Series: | Yönetim ve Ekonomi |
| Subjects: |
| _version_ | 1797905751907237888 |
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| author | Özgür KOÇBULUT Halil ALTINTAŞ |
| author_facet | Özgür KOÇBULUT Halil ALTINTAŞ |
| author_sort | Özgür KOÇBULUT |
| collection | DOAJ |
| description | Since Benoit's (1973) work, which argued that defense spending positively affects economic growth, the effects of defense spending on economic growth have been widely examined, and different theories have been developed. Linear models are generally used in the study of this topic. Considering that many economic variables may have a nonlinear generating mechanism, it is found that this is neglected in studies of defense spending and economic growth. This study examines the relationship between defense spending and economic growth using the panel threshold model for 17 OECD countries. According to empirical results, a linear relationship between defense expenditures and economic growth could not be observed. This result shows that the effect of defense spending on economic growth can change with the threshold value. The findings suggest that defense spending above (below) the threshold of 0.599 positively (negatively) influences economic growth. |
| first_indexed | 2024-04-10T10:10:13Z |
| format | Article |
| id | doaj.art-763feb53819c439ca9d922214b6d5b77 |
| institution | Directory Open Access Journal |
| issn | 1302-0064 |
| language | deu |
| last_indexed | 2024-04-10T10:10:13Z |
| publishDate | 2021-09-01 |
| publisher | Celal Bayar University |
| record_format | Article |
| series | Yönetim ve Ekonomi |
| spelling | doaj.art-763feb53819c439ca9d922214b6d5b772023-02-15T16:22:15ZdeuCelal Bayar UniversityYönetim ve Ekonomi1302-00642021-09-0128353355510.18657/yonveek.883205Savunma Harcamaları ve Ekonomik Büyüme İlişkisi: OECD Ülkeleri İçin Panel Eşik Değer Analizi(Defense Expenditures and Economic Growth Relationship: Panel Threshold Analysis for OECD Countries)Özgür KOÇBULUTHalil ALTINTAŞSince Benoit's (1973) work, which argued that defense spending positively affects economic growth, the effects of defense spending on economic growth have been widely examined, and different theories have been developed. Linear models are generally used in the study of this topic. Considering that many economic variables may have a nonlinear generating mechanism, it is found that this is neglected in studies of defense spending and economic growth. This study examines the relationship between defense spending and economic growth using the panel threshold model for 17 OECD countries. According to empirical results, a linear relationship between defense expenditures and economic growth could not be observed. This result shows that the effect of defense spending on economic growth can change with the threshold value. The findings suggest that defense spending above (below) the threshold of 0.599 positively (negatively) influences economic growth.defense spendingeconomic growthoecd countriespanel threshold model |
| spellingShingle | Özgür KOÇBULUT Halil ALTINTAŞ Savunma Harcamaları ve Ekonomik Büyüme İlişkisi: OECD Ülkeleri İçin Panel Eşik Değer Analizi(Defense Expenditures and Economic Growth Relationship: Panel Threshold Analysis for OECD Countries) Yönetim ve Ekonomi defense spending economic growth oecd countries panel threshold model |
| title | Savunma Harcamaları ve Ekonomik Büyüme İlişkisi: OECD Ülkeleri İçin Panel Eşik Değer Analizi(Defense Expenditures and Economic Growth Relationship: Panel Threshold Analysis for OECD Countries) |
| title_full | Savunma Harcamaları ve Ekonomik Büyüme İlişkisi: OECD Ülkeleri İçin Panel Eşik Değer Analizi(Defense Expenditures and Economic Growth Relationship: Panel Threshold Analysis for OECD Countries) |
| title_fullStr | Savunma Harcamaları ve Ekonomik Büyüme İlişkisi: OECD Ülkeleri İçin Panel Eşik Değer Analizi(Defense Expenditures and Economic Growth Relationship: Panel Threshold Analysis for OECD Countries) |
| title_full_unstemmed | Savunma Harcamaları ve Ekonomik Büyüme İlişkisi: OECD Ülkeleri İçin Panel Eşik Değer Analizi(Defense Expenditures and Economic Growth Relationship: Panel Threshold Analysis for OECD Countries) |
| title_short | Savunma Harcamaları ve Ekonomik Büyüme İlişkisi: OECD Ülkeleri İçin Panel Eşik Değer Analizi(Defense Expenditures and Economic Growth Relationship: Panel Threshold Analysis for OECD Countries) |
| title_sort | savunma harcamalari ve ekonomik buyume iliskisi oecd ulkeleri icin panel esik deger analizi defense expenditures and economic growth relationship panel threshold analysis for oecd countries |
| topic | defense spending economic growth oecd countries panel threshold model |
| work_keys_str_mv | AT ozgurkocbulut savunmaharcamalarıveekonomikbuyumeiliskisioecdulkeleriicinpanelesikdegeranalizidefenseexpendituresandeconomicgrowthrelationshippanelthresholdanalysisforoecdcountries AT halilaltintas savunmaharcamalarıveekonomikbuyumeiliskisioecdulkeleriicinpanelesikdegeranalizidefenseexpendituresandeconomicgrowthrelationshippanelthresholdanalysisforoecdcountries |