Political decisions, defense and growth
DEFENCE AND PEACE ECONOMICS, sa.1, ss.27-35, 2008 (SSCI, Scopus)
- Yayın Türü: Makale / Tam Makale
- Basım Tarihi: 2008
- Doi Numarası: 10.1080/10242690701453701
- Dergi Adı: DEFENCE AND PEACE ECONOMICS
- Derginin Tarandığı İndeksler: Social Sciences Citation Index (SSCI), Scopus
- Sayfa Sayıları: ss.27-35
- Anahtar Kelimeler: defense, political stability, growth, VAR, ECONOMIC-GROWTH, EXTERNAL DEBT, EXPENDITURES, INSTABILITY
- Açık Arşiv Koleksiyonu: AVESİS Açık Erişim Koleksiyonu
- Ankara Üniversitesi Adresli: Evet
Özet
Considering the importance of military expenditures on political and economical success of a government, this empirical study analyzes the relations between political stability, economic growth and military expenditures. Based on the theoretical model developed by Blomberg (1996), the vector autoregression analyzes results for a democratic country and indicates the significance of military expenditures on political stability and private sector investment decisions.