scholarly journals THE RELATIONSHIP BETWEEN DEFENSE EXPENDITURE AND ECONOMIC GROWTH: A PANEL DATA ANALYSIS FOR TURKEY AND SELECTED COUNTRIES

2020 ◽  
pp. 86-102
Author(s):  
Mehmet Ali POLAT
Keyword(s):  
Economic Growth ◽  
Data Analysis ◽  
Panel Data ◽  
Panel Data Analysis ◽  
Defense Expenditure ◽  
The Relationship

scholarly journals The Relationship between Military Expenditures and Economic Growth: Panel Data Analysis for G-20 Countries

2016 ◽  
Author(s):  
Kutluk Kağan Sümer
Keyword(s):  
Economic Growth ◽  
Data Analysis ◽  
Panel Data ◽  
International Organizations ◽  
Panel Data Analysis ◽  
Panel Data Models ◽  
Study Support ◽  
Military Expenditures ◽  
The Relationship ◽  
Growth Hypothesis

As though it is a frequently researched topic that the relationship between military expenditures and economic growth, it is ignored that the level of military expenditures of countries based on their rival and allied countries or international organizations which they are members. Accordingly, in study, the relationship between military expenditures and economic growth is examined with the panel data analysis for 19 G-20countries. In this study two groups of Panel data models are applied. First panel group is military exporter. Second is military importer. The results of study support that feedback hypothesis exists for the U.S., growth hypothesis is valid for G-20 Countries and Turkey.

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