Defending the Debt: Defence Expenditure as a Determinant of External Debt

被引:0
|
作者
Ipek, Evren [1 ]
Esener, S. Cagri [2 ]
机构
[1] Balikesir Univ, Bandirma Iktisadi & Idari Bilimier Fak, Iktisat Bolumu, Balikesir, Turkey
[2] Balikesir Univ, Bandirma Iktisadi & Idari Bilimier Fak, Maliye Bolumu, Balikesir, Turkey
关键词
Defence Expenditure; External Debt; Turkish Economy; Bound Test; ARDL;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
The main purpose of this paper is to empirically investigate the impacts of defence expenditure on external debt by the use of data related to 1971-2012 period of Turkish economy. The empirical results, that are obtained through bound test procedure and ARDL approach, indicate that defence expenditures of Turkey create positive effects on its external debt both in short and long run.
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页码:69 / 94
页数:26
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