MILITARY EXPENDITURES AND ECONOMIC GROWTH IN MIDDLE EAST AND NORTH AFRICAN COUNTRIES

Year 2019, Volume: 6 Issue: 1, 187 - 211, 31.01.2019

İşin Çetin Simla Güzel

https://doi.org/10.30626/tesamakademi.528018

Cited By: 3

Abstract

The Middle East and North Africa (MENA), an economically diverse region, is characterized by countries with a common heritage, which are at various stages of economic development, and home to extremely different natural resources. Majority of the countries in the region have experienced military or civil conflicts. These were conflicts that resulted in extreme human suffering, economic displacement, and the nations of the region had wasted several opportunities of development. Thus, a significant share of national budgets are utilized for military spending. Military expenditures create both costs and benefits for the economy.

In this study, the relationship between military expenditures and economic growth in MENA Countires using panel econometric models for 1990-2017 period. In this study a negative and highly significant effect of infrastructure on economic growth is exist. The coefficient is -0.068 which means a one point increase military expenditure leads to approximately 0.06 point decrease in economic growth.

Keywords

Military expenditures, MENA, Economic growth, Panel data analysis, Dynamic panel data

Orta Doğu ve Kuzey Afrika Ülkelerinde Savunma Harcamaları ve Ekonomik Büyüme

Abstract

Ekonomik olarak çeşitli bir bölge olan Orta Doğu ve Kuzey Afrika (MENA), ekonomik gelişmenin çeşitli aşamalarında olan ve son derece farklı doğal kaynaklara ev sahipliği yapan, ortak bir mirasa sahip ülkeler ile nitelenir. Bölgedeki ülkelerin büyük çoğunluğu askeri veya sivil çatışmalar yaşamıştır. Bunlar olağanüstü sayıda insanın acı çektiği ve ekonomik kayıplar ile sonuçlanan çatışmalardı ve bölge ulusları birçok gelişme fırsatını heba etti. Bunlar olağanüstü sayıda insanın acı çektiği ve ekonomik kayıplar ile sonuçlanan çatışmalardı ve bölge ulusları birçok gelişme fırsatını heba etmiştir. Nitekim ulusal bütçelerin önemli bir kısmı, askeri harcamalar için kullanılmaktadır. Askeri harcamalar ekonomi için hem fayda hem de maliyet oluşturur.

Bu çalışmada Orta Doğu ve Kuzey Afrika ülkelerindeki askeri harcamalar ile ekonomik büyüme arasındaki ilişki 1990-2017 dönemi için panel ekonometrik modeller kullanılarak yapılmıştır. Bu çalışmada, altyapının ekonomik büyüme üzerinde olumsuz ve oldukça önemli bir etkiye sahip olduğu bulunmaktadır. Katsayı -0.068’dir, bu da askeri harcamanın  bir puanlık  artmasının, ekonomik büyümede yaklaşık 0.06 puanlık bir azalmaya yol açtığı anlamına gelir.

Keywords

Askeri harcamalar, MENA, Ekonomik büyüme, Panel veri analizi, Dinamik panel veri

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