The empiricalresults, that are obtained through bound testprocedure and ARDL approach, indicate thatdef ence expenditures of Turkey create positiveeff ects on its external debt both in short and longrun.
📌 3 Key Takeaways
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Objective & Hypothesis:The main purpose of this paper is to empiricallyinvestigate the impacts of def ence expenditure onexternal debt by the use of data related to 1971- 2012 period of Turkish economy.
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Key Findings & Data:The main purpose of this paper is to empiricallyinvestigate the impacts of def ence expenditure onexternal debt by the use of data related to 1971- 2012 period of Turkish economy.
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Conclusion & Impact:The empiricalresults, that are obtained through bound testprocedure and ARDL approach, indicate thatdef ence expenditures of Turkey create positiveeff ects on its external debt both in short and longrun.
🔬Design:Research Article
📍Scope:2012 Verileri
⚙️Variables:Domain Parameters
Abstract
The main purpose of this paper is to empiricallyinvestigate the impacts of def ence expenditure onexternal debt by the use of data related to 1971- 2012 period of Turkish economy. The empiricalresults, that are obtained through bound testprocedure and ARDL approach, indicate thatdef ence expenditures of Turkey create positiveeff ects on its external debt both in short and longrun.
Özet
Bu çalışmanın temel amacı Türkiye ekonomisinin1971-2012 dönemine ilişkin verilerle savunmaharcamalarının dış borçlar üzerindeki etkileriniampirik olarak analiz etmektir. Sınır testi ve ARDLyaklaşımlarının kullanıldığı ampirik analizlerdenelde edilen sonuçlar Türkiye'nin savunmaharcamalarının dış borç değişkeni üzerinde kısa veuzun vadede pozitif yönlü etkiler yarattığınıgöstermektedir.
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Cite This Article
İPEK, E., ESENER, S. Ç. (2022). Defending the Debt: Def ence Expenditure as a Determinant of External Debt. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi, Cilt: 9 - Sayı: 3, 69–94. https://ajindex.com/articles/505606
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