This study analyses defence-growth relationships in Turkey for the years 1956 and 1994. After a review of the empirical studies on the defence-growth relationship, the relationship is investigated with a Deger type demand and supply side model using 2SLS and 3SLS simultaneous equation method....

Todd Sandier and Keith Hartley, The Economics of Defense (Cambridge, England: Cambridge University Press, 1995). Suleyman Ozmucur, The Economics of Defense and the Peace Dividend in Turkey, Boğazici University Press, Istanbul, 1996, pp. 75, paperback, ISBN: 975-518-071-0.

It is often argued that defence expenditures, and in particular arms imports, are one of the main reasons for the recent increasing trend of Turkey's external debt. This paper empirically examines the relationships between Turkey's defence expenditure and external debt for the period 1979-2000...

This paper provides a country survey of the Turkish defence economy. Turkey is a member of NATO alliance and is strategically located between Europe and Middle East. Moreover, Turkey has a high defence burden and high economic growth. The first part of the survey presents a brief economic...

Defence expenditures have both costs and benefits to the economy. The costs of defence expenditures are mainly emphasized as opportunity costs. On the other hand, defence spending may have growth-promoting potential benefits: a rise in defence spending may result in a higher aggregate demand,...

This article investigates the possible role of the regional underdevelopment of South Eastern Turkey in the ensuing terrorism in the country. The article also aims at making a contribution towards a better understanding of some economic conditions that are related to terrorism. For this purpose,...

Although a number of studies concerning Turkish defence-growth relation have been published in recent years, little attention is given the demand for Turkish defence expenditure. This is an important issue for understanding which variables contribute to the determination of the demand for...

This paper empirically investigates the importance of financial and political variables in determining debt rescheduling probabilities in Turkey for 1955-2000. The problem of sovereign debt default and rescheduling has been the subject of substantial academic research during the last two...