Military Spending and economic growth in Greece and the Arms Race between Greece and Turkey

Dimitrios Paparas and Christian Richter

No 38, Working Papers from The German University in Cairo, Faculty of Management Technology

Abstract: In this paper we empirically test the relationship between military spending and economic growth for Greece and Turkey during 1957-2013, and examine the validity of arms race hypothesis between the two countries.

Keywords: National Government Expenditures; National Security and War; Arms race; Greece; Turkey; Economic Growth; ADF; VAR (search for similar items in EconPapers)
JEL-codes: E62 H5 H56 O40 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2015-10
New Economics Papers: this item is included in nep-ara, nep-cwa, nep-gro and nep-mac
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Journal Article: Military Spending and Economic Growth in Greece and the Arms Race between Greece and Turkey (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:guc:wpaper:38

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