EFFECT OF TERRORISM RISK OF DEFENCE EXPENDITURES: AN EMPIRICAL APPLICATION

Abstract

This study examines terror risk on defence expenditures using multiple regression model. To perform this, terrorist incidents which has occurred in previous years were used as an indicator of terrorist risk of the country.The number of soldiers, population, surface area and GNP are used as control variables and defence expenditures as the dependent variable of the multiple regression model. Our sample consist of 126 countries and the model result from this sample shows us that defence expenditures rises with the rise of terror risk. Productive and welfare enhancing resources are transferring to the defence industry.

Keywords

• Defence Expenditures,Terrorism

SAVUNMA HARCAMALARINA TERÖR RİSKİNİN ETKİSİ: AMPİRİK BİR UYGULAMA

Abstract

Bu çalışma terör riskinin savunma harcamaları üzerindeki etkisini çoklu doğrusal regresyon modeli ile incelemektedir. Bunu gerçekleştirebilmek için savunma harcamalarının bağımlı değişken olduğu çoklu doğrusal regresyon modelinde asker sayısı, nüfus, yüzölçümü ve GSMH gibi kontrol değişkenlerinin yanında ülkenin terör riskini göstermek üzere daha önceki yıllarda meydana gelen terör olayları kullanılmıştır. Örneklem olarak alınan 126 ülke üzerinde test edilen modelin sonuçları terör riskinin artması ile savunma harcamalarının arttığını ispatlamaktadır. Üretken ve toplumun refahını arttırmaya yönelik kullanılabilecek kaynaklar savunma sanayini aktarılmaktadır.

Keywords

• Savunma Harcamaları,Terörizm

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