EconPapers    
Economics at your fingertips  
 

Is there a Greek-Turkish arms race? Some further empirical results from causality tests

Christos Kollias and Suzanna-Maria Paleologou

Defence and Peace Economics, 2002, vol. 13, issue 4, 321-328

Abstract: The Greek-Turkish rivalry has attracted considerable attention in the defence economics literature. Given the tense bilateral relations between the two countries, a number of studies have addressed the issue of a Greek-Turkish arms race. The empirical results that have been reported vary depending on the methodology used and time period covered. Unidirectional, bi-directional as well as no causality between Greek and Turkish military expenditures have been reported. This paper contributes to the Greek-Turkish arms race literature using the causality methodology employed by Hendry and Ericsson (1991) and Davidson et al. (1978). The time period covered is 1950-1999 and the results reported here appear to suggest the presence of bi-directional causality and therefore an armaments race between Greece and Turkey.

Keywords: Greece; Turkey; Arms Race; Causality (search for similar items in EconPapers)
Date: 2002
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (15) Track citations by RSS feed

Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/10242690212357 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:defpea:v:13:y:2002:i:4:p:321-328

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/GDPE20

DOI: 10.1080/10242690212357

Access Statistics for this article

Defence and Peace Economics is currently edited by Professor Keith Hartley

More articles in Defence and Peace Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

 
Page updated 2022-11-05
Handle: RePEc:taf:defpea:v:13:y:2002:i:4:p:321-328