- Ege Akademik Bakış Dergisi
- Vol: 10 Issue: 2
- DEFENCE SPENDING and POLITICAL BUSINESS CYCLES IN TURKEY
DEFENCE SPENDING and POLITICAL BUSINESS CYCLES IN TURKEY
Authors : Şennur SEZGİN
Pages : 487-502
View : 15 | Download : 7
Publication Date : 2010-05-01
Article Type : Research
Abstract :The allocation and distribution of government resources is a political process by it is nature. Considerable amount of government spending goes to defence expenditure in Turkey. So, is defence spending affected from political business cycle? To answer this question, this study analyses relationship between political business cycle and total and disaggregate defence spending using regression analyses. This study find that there is no trace of political business cycle over defence spending in Turkey. Furthermore, this study indicate that military coup and increasing of terrorist incidents are cause an increase on defence expenditureKeywords : Political business cycle, Defence spending, Turkey