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Journals / Sayıştay Dergisi / 2019 / Cilt: 0 - Sayı: 112

THE RELATIONSHIP BETWEEN MILITARY EXPENDITURES AND ECONOMIC GROWTH IN THE MIDDLE EASTERN COUNTRIES: PANEL GRANGER CAUSALITY ANALYSIS

ORTADOĞU ÜLKELERİNDE ASKERİ HARCAMALAR İLE EKONOMİK BÜYÜME ARASINDAKİ İLİŞKİ: BOOTSTRAP PANEL GRANGER NEDENSELLİK ANALİZİ

Gizem AKBULUT YILDIZ
Barış YILDIZ
Pages
53–74
Publication Date
2022-10-18
DOI
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AI Summary & Key Takeaways

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

The finding throughout the panel is that there is a one-way causality relationship from economic growth to military expenditures.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The present article aims to examine the causal relationship between military expenditures and economic growth in five Middle Eastern countries (Iran, Saudi Arabia, Israel, Oman and Turkey) in the period from 1990 to 2015.
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Key Findings & Data:The relationship between the variables was examined by panel causality analysis developed by Konya (2006).
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Conclusion & Impact:The finding throughout the panel is that there is a one-way causality relationship from economic growth to military expenditures.
🔬Design:Research Article
📍Scope:2015 Verileri
⚙️Variables:Domain Parameters

Abstract

The present article aims to examine the causal relationship between military expenditures and economic growth in five Middle Eastern countries (Iran, Saudi Arabia, Israel, Oman and Turkey) in the period from 1990 to 2015. For this purpose, Panel Bootstrap Causality Analysis was conducted to test whether there is a relationship between military expenditures and economic growth. The relationship between the variables was examined by panel causality analysis developed by Konya (2006). In the analysis, a two-way causality relation was determined only for Iran on a country basis. The finding throughout the panel is that there is a one-way causality relationship from economic growth to military expenditures.

Özet

Çalışmanın amacı, 1990-2015 döneminde beş Orta Doğu ülkesine (İran, İsrail, Suudi Arabistan, Umman ve Türkiye) ilişkin askeri harcamalar ile ekonomik büyüme arasındaki ilişkiyi araştırmaya yöneliktir. Bu amaçla çalışmada, Panel Bootstrap Nedensellik Analizi yapılarak askeri harcamalar ile ekonomik büyüme arasında bir ilişkinin olup olmadığı test edilmiştir. Değişkenler arasındaki ilişki Konya (2006) tarafından geliştirilen panel nedensellik analizi ile incelenmiştir. Analiz sonucuna göre ülke bazında sadece İran için çift yönlü nedensellik ilişkisi bulunmuştur. Panel genelinde ise ekonomik büyümeden askeri harcamalara tek yönlü nedensellik ilişkisi olduğu bulgusu elde edilmiştir.

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Cite This Article

YILDIZ, G. A., YILDIZ, B. (2022). THE RELATIONSHIP BETWEEN MILITARY EXPENDITURES AND ECONOMIC GROWTH IN THE MIDDLE EASTERN COUNTRIES: PANEL GRANGER CAUSALITY ANALYSIS. Sayıştay Dergisi, Cilt: 0 - Sayı: 112, 53–74. https://ajindex.com/articles/591245

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