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Savunma Harcamalarının Ekonomik Büyüme Üzerindeki Etkileri: Türkiye Örneği

Year 2025, Volume: 9 Issue: 4, 2097 - 2111, 27.11.2025
https://doi.org/10.25295/fsecon.1612426

Abstract

Bu çalışmada 1990-2023 yılları arası savunma harcamalarının (SH) ekonomik büyüme (EB) üzerine etkileri incelemektedir. SH’nin EB üzerine etkileri araştırıldığı modellerde EB’nin belirleyicileri kontrol değişken olarak sıklıkla kullanılmaktadır. Bu nedenle çalışmada kullanılan modele Dünya Belirsizlik Endeksi (WUI) dahil edilmiştir. Böylece çalışma literatüre katkı sağlamaktadır. Öte yandan, Türkiye'de son yıllarda savunma sanayinde yaşanan gelişmeler dikkat çekicidir. Dolayısıyla savunma harcamalarının ekonomik ve politik etkileri bu çalışmanın hazırlanmasını teşvik etmiştir. Bu çalışmada, değişkenler arasındaki eşbütünleşik ilişkiyi belirlemek için AARDL yöntemi ve devamında uzun dönemli bulguları elde etmek için hata düzeltme modeli kullanılmıştır. Elde edilen bulgulara göre, sabit sermaye yatırımları hem kısa hem de uzun dönemde EB’yi pozitif yönde etkilemektedir. Dış ticaret açıkları EB’yi uzun dönemde olumlu etkilerken, kısa dönemde olumsuz etkilemektedir. Dünya belirsizlik endeksi uzun dönemde EB üzerinde negatif bir etkiye sahipken, kısa dönemde değişkenler arasında herhangi bir ilişki bulunmamaktadır. Son olarak, SH’nin hem kısa hem de uzun dönemde EB üzerinde pozitif bir etkiye sahip olduğu sonucuna varılmıştır.

References

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The Effects of Defence Expenditures on Economic Growth: A Case Study on Turkey

Year 2025, Volume: 9 Issue: 4, 2097 - 2111, 27.11.2025
https://doi.org/10.25295/fsecon.1612426

Abstract

This study examines the effects of defence expenditures (DE) on economic growth (EG) between 1990 and 2023. In models where the effects of defence expenditures on economic growth are investigated, the determinants of economic growth are frequently used as control variables. For this reason, the World Uncertainty Index (WUI) is included in the model used in the study. Thus, the study contributes to the literature. On the other hand, the developments in the defence industry in Türkiye in recent years are remarkable. Therefore, the economic and political effects of DE encouraged the preparation of this study. In this study, the AARDL method is used to determine the cointegrated relationship between variables, and then the error correction model is used to obtain long-run findings. According to the findings, fixed capital investments positively affect EG in both the short and long run. While foreign trade deficits affect EG positively in the long run, they affect it negatively in the short run. While the world uncertainty index has a negative effect on EG in the long run, there is no relationship between the variables in the short run. Finally, it is concluded that DE has a positive effect on EG in both the short and long run.

References

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  • Akcan, A. T. (2019). Impact of investment and military spending on economic growth in Türkiye: 1982-2017 ARDL bounds testing approach. Int. Journal of Management Economics and Business, 15(2), 359-369. https://doi.org/10.17130/ijmeb.2019252099
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  • Çevik, E. İ., & Bektaş, G. (2019). The relation between military expenditure and economic growth: Evidence from Türkiye. Balkan Journal of Social Sciences, 8(16), 229-236.
  • Ceyhan, T., & Köstekçi, A. (2021). The effect of military expenditures on economic growth and unemployment: Evidence from Türkiye. Fırat University Journal of Social Sciences, 31(2), 913-928.
  • Çiçek, M., Ince Yenilmez, M., & Kabakçı Günay, E. (2024). Impact of defence expenditures on economic growth: A panel data analysis on selected G20 countries. Öneri, 19(62), 61-78. https://doi.org/10.14783/maruoneri.1447768
  • Çınar, İ. T., & Ünsal, Y. (2021). Military expenditures and economic growth: An examination of Benoit hypothesis for Middle Eastern countries. Cumhuriyet University Journal of Economics and Administrative Sciences, 22(2), 276-289. https://doi.org/10.37880/cumuiibf.959998
  • Desli, E., & Gkoulgkoutsika, A. (2021). Military spending and economic growth: a panel data investigation. Economic Change and Restructuring, 54(3), 781-806. https://doi.org/10.1007/s10644-020-09267-8
  • Destek, M. A. (2016). The relationship between military expenditures and economic growth in NATO countries: Panel data analysis under cross-section dependency. Int. Journal of Management Economics and Business, 12(28), 209-223. https://doi.org/10.17130/ijmeb.20162819853
  • Dunne, P., Nikolaidou, E., & Vougas, D. (2001). Defence spending and economic growth: a causal analysis for Greece and Türkiye. Defence and Peace Economics, 12(1), 5-26. https://doi.org/10.1080/10430710108404974
  • Durgun, Ö., & Timur, M. C. (2017). The relationship between defense expenditure and economic growth: Türkiye analyses. Dumlupınar University Journal of Social Sciences, (54), 126-137.
  • Engin, C., & Uğur, B. (2024). The effect of military spending on economic growth: The case of N11 countries. Kahramanmaraş Sütçü İmam University Journal of Social Sciences, 21(2), 727-741. https://doi.org/10.33437/ksusbd.1460365
  • Gültekin Tarla, E., & Boyrazlı, M. A. (2023). Examining the relationship between defense expenditures and economic growth: The case of Türkiye. The Journal of Defense Sciences, 43(2), 295–312. https://doi: 10.17134/khosbd.1292552.
  • Has, B., & Çinar, S. (2022). Military expenditures and economic growth in Türkiye: Cointegration and causality analyis. Eurasian Journal of Researches in Social and Economics, 9(2), 256-270.
  • Haseen, A., & Dash, M. (5.02.2025). From importer to innovator-phenomenal rise of Turkish defense industry & military: Should India be concerned?. https://www.eurasiantimes.com/from-importer-to-innovator-phenomena/
  • Hou, N., & Chen, B. (2013). Military expenditure and economic growth in developing countries: Evidence from system GMM estimates. Defence and Peace Economics, 24(3), 183-193. https://doi.org/10.1080/10242694.2012.710813
  • https://databank.worldbank.org/ (access date: 10.11.2025)
  • https://www.policyuncertainty.com/ (access date: 10.11.2025)
  • Kanca, O., & Yamak, R. (2020). Testing the Benoit hypothesis for the Turkish economy. Gaziantep University Journal of Social Sciences, 19(3), 823-839 https://doi.org/10.21547/jss.722344
  • Kang, W., Ratti, R. A., & Vespignani, J. (2020). Impact of global uncertainty on the global economy and large developed and developing economies. Applied Economics, 52(22), 2392-2407. https://doi.org/10.1080/00036846.2019.1690629
  • Karagol, E., & Palaz, S. (2004). Does defence expenditure deter economic growth in Türkiye? A cointegration vanalysis. Defence and Peace Economics, 15(3), 289-298. https://doi.org/10.1080/10242690320001608908
  • Kılıç, N. Ö., Açdoyuran, B., & Beşer, M. (2018) Military expenditure and economic growth relationship in G-8 countries. Journal of Entrepreneourship and Development, 13(2), 136-146.
  • Kirbitçioğlu, A. (1998). İktisadi büyümenin belirleyicileri ve yeni büyüme modellerinde beşeri sermayenin yeri. Ankara Üniversitesi Sbf Dergisi, 53(01). https://doi.org/10.1501/SBFder_0000001947
  • Koçak, İ. F. (2023) The effect of defense expenditures of Türkiye and selected world countries on economic growth within the scope of neo-classical approach: Panel data analysis. Econder International Academic Journal, 7(2), 80-96. https://doi.org/10.35342/econder.1367024
  • Kollias, C., Naxakisb, C., & Zarangasb, L. (2004). Defence spending and growth in Cyprus: a causal analysis. Defence and Peace Economics, 15(3), 299-307.
  • Korkmaz, Ö., & Bilgin, T. (2017). The relationship between military expenditures and economic growth: A comparative analysis of Türkiye and The United States. International Journal of Economics and Administrative Studies, (18), 289-316. https://doi.org/10.18092/ulikidince.279835
  • Korkmaz, S. (2015). The effect of military spending on economic growth and unemployment in Mediterranean countries. International Journal of Economics and Financial Issues, 5(1), 273-280.
  • Lobont, O. R., Glont, O. R., Badea, L., & Vatavu, S. (2019). Correlation of military expenditures and economic growth: Lessons for Romania. Quality & Quantity, 53, 2957-2968. https://doi.org/10.1007/s11135-019-00910-9
  • McNown, R., Sam, C. Y., & Goh, S. K. (2018). Bootstrapping the autoregressive distributed lag test for cointegration. Applied Economics, 50(13), 1509-1521. https://doi.org/10.1080/00036846.2017.1366643
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There are 66 citations in total.

Details

Primary Language English
Subjects Time-Series Analysis, Macroeconomic Theory, Growth
Journal Section Research Article
Authors

Rahman Aydın 0000-0003-0440-7468

Publication Date November 27, 2025
Submission Date January 2, 2025
Acceptance Date August 4, 2025
Published in Issue Year 2025 Volume: 9 Issue: 4

Cite

APA Aydın, R. (2025). The Effects of Defence Expenditures on Economic Growth: A Case Study on Turkey. Fiscaoeconomia, 9(4), 2097-2111. https://doi.org/10.25295/fsecon.1612426

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