Macroeconomic Effects of Defense Expenditures in Turkey

Yıl 2018, Cilt: 17 Sayı: 2, 93 - 114, 01.11.2018

Mustafa Şit

https://doi.org/10.17134/khosbd.477236

Cited By: 9

Öz

In
this study, the effects of defense expenditure on the macroeconomic majorities
of Turkey such as economic growth, inflation, current account balance, import
and employment have been investigated. 
The relation in question has been analysed over the period between
1980-2016 by structural breaks unit root test, causality tests of Toda-Yamamoto
and Granger. As a result of this study, it has been detected that defense
expenditures are effective on inflation, current account balance and import.
Unlike previous studies which same tests were applied, causality from current
account balance and GDP to defense expenditures was determined in this article.
Evidence has shown that, for Turkish economy, defense expenditures are
effective on macroeconomics variables.

Anahtar Kelimeler

Defense Expenditures, Macroeconomic magnitudes, Turkish Economy, Structural Break Test, Causality Analysis

Türkiye’de Savunma Harcamalarının Makro Ekonomik Etkileri

Öz

Bu
çalışmada Türkiye ekonomisi için savunma harcamalarının ekonomik büyüme,
enflasyon, cari işlemler dengesi, ithalat ve istihdam gibi makro büyüklükler
üzerindeki etkisi araştırılmıştır. Söz konusu ilişki 1980-2016 dönemi üzerinden
yapısal kırılmalı birim kök testi, Granger ve Toda-Yamamoto nedensellik
testleriyle analiz edilmiştir. Çalışma sonucunda savunma harcamalarının
enflasyon, cari işlemler dengesi ve ithalat üzerinde etkili olduğu tespit
edilmiştir. Aynı testlerin uygulandığı önceki çalışmalardan farklı olarak, bu
makalede cari işlemler dengesinden GSYİH'e ve savunma harcamalarına nedensellik
belirlenmiştir. Kanıtlar Türkiye ekonomisinde savunma harcamalarının makro
ekonomik değişkenler üzerinde etkisi olduğunu göstermektedir.

Anahtar Kelimeler

Savunma Harcamaları, Makroekonomik büyüklükler, Yapısal Kırılma Testi, Nedensellik Analizi

Kaynakça

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