An analytical approach on defense expenditure and economic growth: the case of Turkey and Greece
Huseyin Kalyoncu and
Fatih Yucel ()
MPRA Paper from University Library of Munich, Germany
The objective of this study is to examine the relationship between defense expenditure and economic growth for Turkey and Greece in the period of 1956-2003 using yearly data. Therefore we use Engle-Granger cointegration methodology and Granger causality test. It is found that these two variables are cointegrated for both countries studied. We found unidirectional causality running from economic growth to defense expenditure only for Turkey.
Keywords: Defense Expenditure; Economic Growth; Cointegration analysis; Causality test (search for similar items in EconPapers)
JEL-codes: A10 C22 (search for similar items in EconPapers)
Date: 2005, Revised 2006
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (20) Track citations by RSS feed
Published in Journal of Economic Studies 5.33(2006): pp. 336-343
Downloads: (external link)
https://mpra.ub.uni-muenchen.de/4262/1/MPRA_paper_4262.pdf original version (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:4262
Access Statistics for this paper
More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().