DEFENSE SPENDING AND ECONOMIC GROWTH IN TURKEY: A LINEAR AND NON-LINEAR GRANGER CAUSALITY APPROACH

被引:21
|
作者
Karagianni, Stella [2 ]
Pempetzoglu, Maria [1 ]
机构
[1] Democritus Univ Thrace 1, Dept Social Adm, Komotini 69100, Greece
[2] Univ Macedonia, Dept Econ Sci, Thessaloniki, Greece
关键词
Defense spending; Economic growth; Turkey; Non-linear Granger Causality; EXPENDITURE; GREECE;
D O I
10.1080/10242690801923173
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper uses linear and non-linear Granger causality methods to determine the causal relationship between defense spending and economic growth in Turkey for the period 1949-2004. The innovative feature of this paper is that it provides evidence regarding the nonlinear causal dependence between military spending and economic growth in Turkey. The empirical results contribute to the empirical literature by indicating support for both linear and non-linear causality between military expenditures and economic development and they may prove useful in theoretical and empirical research by regulators and policy makers.
引用
收藏
页码:139 / 148
页数:10
相关论文
共 50 条