Siyaset Ekonomi ve Yönetim Araştırmaları Dergisi

Yazarlar: Selahattin BEKMEZ, M.akif DESTEK

Konular:-

Anahtar Kelimeler:Defense Expenditures,Externality,Crowding-Out Effect,Panel Data Analysis

Özet: There are different approaches about the effects of defense expenditures on the economic growth. In this study, the impact of defense expenditures on the economic growth and its crowding out on the alternative areas have been analyzed. The panel data regression analysis has been used as the econometric method. The results have been classified by the development levels of the countries, which were given by the World Bank Atlas Method. It is concluded that the externality and crowding out effects of defense expenditures vary depending on the development levels of the countries

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