SavedAdd your journal

Journals / Güvenlik Stratejileri Dergisi / 2021 / Cilt: 17 - Sayı: 38

The Relationship between Defense Expenditures and Economic Freedoms

Savunma Harcamaları ve Ekonomik Özgürlükler İlişkisi

Mehmet Samet ERDEM
Selami SEZGİN
Pages
369–410
Publication Date
2021-07-07
DOI
—
🏛️Bibliographic metadata and full text access for this article are provided via DergiPark.
DergiPark Record ↗
✨

AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

The results of the empirical analysis indicate that there is a significant and negative relationship between defense expenditures and an overall index of economic freedom, size of government, legal systems and property rights, sound money and regulation of credit, labor, and business; but there is no significant relationship for freedom to trade internationally main-component of the index.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This paper aimed to examine the relationship between defense expenditures and economic freedom for 110 countries from the Fraser Institute’s Economic Freedoms Index, for the period of 2000-2014 by using panel data analysis.
📊
Key Findings & Data:This paper aimed to examine the relationship between defense expenditures and economic freedom for 110 countries from the Fraser Institute’s Economic Freedoms Index, for the period of 2000-2014 by using panel data analysis.
💡
Conclusion & Impact:The results of the empirical analysis indicate that there is a significant and negative relationship between defense expenditures and an overall index of economic freedom, size of government, legal systems and property rights, sound money and regulation of credit, labor, and business; but there is no significant relationship for freedom to trade internationally main-component of the index.
🔬Design:Research Article
📍Scope:2000-2014 Verileri
⚙️Variables:Savunma Harcamaları · Ekonomik Özgürlükler · Ekonomik Özgürlük Endeksi

Abstract

This paper aimed to examine the relationship between defense expenditures and economic freedom for 110 countries from the Fraser Institute’s Economic Freedoms Index, for the period of 2000-2014 by using panel data analysis. The results of the empirical analysis indicate that there is a significant and negative relationship between defense expenditures and an overall index of economic freedom, size of government, legal systems and property rights, sound money and regulation of credit, labor, and business; but there is no significant relationship for freedom to trade internationally main-component of the index.

Özet

Çalışmada savunma harcamaları ile ekonomik özgürlükler arasındaki ilişki Fraser Enstitüsü’nün ekonomik özgürlükler endeksinde yer alan 110 ülkenin 2000-2014 yılları arasındaki verileri kullanılarak panel veri analizi yöntemiyle incelenmiştir. Analiz sonuçlarından elde edilen bulgular, genel ekonomik özgürlük endeksi ve endeksin ana bileşenlerini oluşturan devletin faaliyet alanının genişliği, hukuki yapı ve mülkiyet hakları, güçlü paraya erişim ve kredi, işgücü ve iş dünyası konusunda yasal düzenlemelerin savunma harcamaları üzerinde anlamlı ve negatif yönlü ilişkisinin olduğunu gösterirken, uluslararası ticaret serbestisi ana bileşeninin savunma harcamaları ile ilişkisine rastlanamamıştır.

🔖

Cite This Article

ERDEM, M. S., SEZGİN, S. (2021). The Relationship between Defense Expenditures and Economic Freedoms. Güvenlik Stratejileri Dergisi, Cilt: 17 - Sayı: 38, 369–410. https://ajindex.com/articles/218199

📄 Full Text PDF Viewer

📄

PDF görüntüleyici hazırlanıyor...

References (21)

  1. BEACH, William W. and DAVIS Gareth, The Index Of Economic Freedom And Economic Growth, The Heritage Foundation, Washington, 1997.
  2. CAMERON, A. Colin and TRIVERDI, Pravin. K. Microeconometrics Methods and Applications, Cambridge University Press, New York, 2005.
  3. HSIAO, Cheng Analysis of Panel Data. Cambridge University Press,
  4. Second Edition, United Kingdom, 2003.
  5. KANT, Immanuel, Perpetual Peace: A Philosophical Essay, Cambridge University Press, Cambridge, 1795, Vol. 1903.
  6. MILLER, Terry and HOLMES, Kim R. 2011
  7. Index of Economic Freedom, The Heritage Foundation, The Wall Street Journal, New York, NY 10281, 2011.
  8. SCHUMPETER, Joseph A., The Sociology of Imperialism, In Imperialism & Social Classes, 3-98
  9. Cleveland, World Publishing, 1919.
  10. SMITH, Adam, The Wealth of Nations, Wordsworth Edition, London, 2012.
  11. STEIN, Arthur. A. The Nation at War, Baltimore, MD: Johns Hopkins Univ. Press, 1980.
  12. BARBIERI, Katherine “Economic Interdependence: A Path to Peace or a Source of Interstate Conflict?”, Journal of Peace Research, 1996. 33(1), p. 29-49.
  13. BARRO, Robert. J., “Democracy and Growth”, Journal of Economic Growth, 1996, 1(1), p.1-27.
  14. BEŞKAYA, Ahmet ve KOÇ, Asuman, “Ekonomik Büyüme ve Kalkınmada Ekonomik Özgürlüklerin Rolü ve Önemi”, Liberal Düşünce, 2006, 43, ss.43-74.
  15. BURGESS, Cara, BEAULIER, Scott et al.,” Economic Freedom and Conflict: An Empirical Note”, Journal of Economics and Economic Education Research, 2009 10(3), p. 75-83.
  16. CAPRA, James. R., “The National Defense Budget and its Economic Effects”, Federal Reserve Bank of New York Q. Rev, 1981, 6, p. 21-31.
  17. CARLSSON, Fredrik and LUNDSTRÖM, Susanna, “Economic Freedom and Growth: Decomposing the Effects”, Public Choice, 2002, 112(3-4), p. 335-344.
  18. CEBULA, Richard. J., Clark, J. R. et al.,” The Impact of Economic Freedom on Per Capita Real GDP: A Study of OECD Nations”, Journal of Regional Analysis & Policy, 2013, 43(1), p.34-41.
  19. DUNNE, J., Paul, “Economic Effects of Military Expenditure in Developing Countries”, Gleditsch, N.P., Bjerkholt, O., Cappelen, A., Smith, R. and Dunne, J.P. (Ed.) The Peace Dividend (Contributions to Economic Analysis, Vol. 235), Emerald Group Publishing Limited, Bingley, 1996, pp. 439-464.
  20. DZİDROV, Misko, MIRAKOPCSKI, Dejan, et al.” Relationship between Economic Freedom and Conflict in the Balkan Region” International Journal of Scientific & Engineering Research, 2013, 4(10), p. 433-436.
  21. ERDAL, Fuat and YENİPAZARLI, Aslı, “Which Economic Freedoms Contribute Income Per Capita? Are Results