Defense Expenditures and Income Inequality: Evidence from Chosen Euro Using Countries

Abstract

This paper, aims to find the cointegration and the causality between income inequality and defense expenditures in fifteen European Union member countries that used euro currency before, during and after the global economic crises in the period of 2005-2016. Applying cointegration and causality tests to the panel data, the paper aims to fill the gap about income inequality and defense expenditures relation in the literature.

Keywords

• panel data analysis,defense expenditures,income inequality

Savunma Harcamaları ve Gelir Eşitsizliği: Seçilmiş Avro Kullanıcısı Ülkelerden Kanıtlar

Öz

Bu çalışma, 2005-2016 döneminde küresel ekonomik kriz öncesinde, sırasında ve sonrasında avro kullanan on beş Avrupa Birliği üyesi ülkedeki gelir eşitsizliği ve savunma harcamaları arasındaki eş bütünleşme ve nedenselliği bulmayı amaçlamaktadır. Panel verisine eş bütünleşme ve nedensellik testleri uygulanarak gelir eşitsizliği ve savunma harcamaları ilişkisine dair  literatürdeki eksikliğin doldurulması amaçlanmıştır.

Anahtar Kelimeler

• panel veri analizi,savunma harcamaları,gelir eşitsizliği

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