Neo-klasik Yaklaşım Kapsamında Türkiye ve Seçilmiş Dünya Ülkelerinin Savunma Harcamalarının Ekonomik Büyüme Üzerine Etkisi: Panel Veri Analizi

Abstract

In this study, the relationship between defense expenditures and economic growth of Turkey and the top 15 countries that spend on defense was tested using the panel data analysis method for the years 2000–2021. In the study, a model was established between defense expenditures and economic growth. As a result of the examination of the established models, it was seen that the effect between defense expenditures and economic growth was negative. Its negative direction shows that the Neo-classical view is dominant. When the variable coefficients of the countries are examined, it is seen that the defense expenditures made for the Model reduce the economic growth for 12 countries, but it is understood that the defense expenditures made in the USA, Russia, Saudi Arabia and Israel affect the economic growth positively due to the development of these countries and their leadership in the arms trade. This positivity causes an increase in employment. This study is derived from İslam Fatih KOÇAK's thesis titled Validity of Benoit Hypothesis for Selected World Countries and Turkey: Panel Data Analysis.