DEFENCE SPENDING and POLITICAL BUSINESS CYCLES IN TURKEY

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Ege Akademik Bakış Dergisi
Volume: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 : 83 | Download : 22

Publication Date : 2010-05-01

Article Type : Research Paper

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 expenditure
Keywords : Political business cycle, Defence spending, Turkey

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