DO NORTH AMERICAN COUNTRIES DOMINATE THE CONFLICT IN THE WORLD? EVIDENCE FROM BENOIT HYPOTHESIS

Authors : Mustafa Kemal Beşer, Berna Hızarcı Beşer

Pages : 978-992

Doi:10.17130/ijmeb.1474985

View : 117 | Download : 99

Publication Date : 2024-12-31

Article Type : Research Paper

Abstract :In recent years, it has been observed that the scope of globalization has increased the need for security, and the world borders have been removed. The fact that countries are rapidly developing their defense industries shows that they consider this situation normal. The validity of the Benoit Hypothesis, which emphasizes that increases in defense expenditures will positively affect economic growth, was discussed for the period 1988-2022, and an interregional analysis was made in this study. Evidence supporting the Benoit Hypothesis has been obtained only in the North America, which allocates the highest share to defense expenditures. According to the findings, growth is not affected when defense expenditures are increased, but economic growth decreases when defense expenditures are reduced. The results obtained in this study, which includes interregional analysis, provide comprehensive information and it is thought that country groups that make defense expenditures in order to generate income from the defense industry have emerged and this will provide important evidence in world politics.
Keywords : Savunma Harcamaları, Benoit hipotezi, SIPRI

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