 The impact of military spending and income inequality on economic growth in TurkeyÜnal Töngür and Adem Elveren () Defence and Peace Economics, 2016, vol. 27, issue 3, 433-452 Abstract: An extensive literature on the effect of military expenditures on economic growth yields conflicting results. However, a crucial issue that has not been investigated in this context is the possible effect of inequality. The impact of military expenditures on economic growth in Turkey has also received substantial attention. Yet, the majority of these studies are not constructed based on a structural model, but rather examine the causality between the variables in question. Considering these two shortcomings in the literature and the lack of consistent results, this study attempts to provide further evidence for the relationship between military expenditures and economic growth for the case of Turkey by considering income inequality within an augmented Solow growth model. Our findings for the 1963--2008 period show that while income inequality has a positive impact on economic growth, military expenditures have no significant effect. Date: 2016 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:taf:defpea:v:27:y:2016:i:3:p:433-452 Ordering information: This journal article can be ordered from DOI: 10.1080/10242694.2014.925324 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 |
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