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dc.contributor.advisorLooney, Robert E.
dc.contributor.advisorFranck, Raymond
dc.contributor.authorTekeoglu, Ertugrul
dc.dateJune 2008
dc.date.accessioned2012-08-22T15:32:02Z
dc.date.available2012-08-22T15:32:02Z
dc.date.issued2008-06
dc.identifier.urihttp://hdl.handle.net/10945/10351
dc.descriptionMBA Professional Reporten_US
dc.description.abstractThis thesis set out to find the relationship, if any, between defense spending and economic growth for Turkey, and to discuss the policy implications of the empirical results. Since Turkey has one of the largest defense budgets within the Middle East and also NATO, this question has important implications for Turkey's future economic well-being and political stability. Taking into account the difficulties present in previous military expenditure studies, an econometric model was specified and empirically tested using Turkish data for 1969-2004. Results suggested that there is a negative linkage between military expenditure and economic growth. The second part of the empirical study tested the defense-welfare relationship for Turkey using expenditures on health and education as welfare proxies. The empirical findings suggested that there are tradeoffs between military expenditures and welfare spending. However, there seems to be a positive relationship between military expenditures and education. The Turkish Republic's defense policy has been continually guided by Ataturk's proverb of "peace at home, peace in the world." However, sustaining a peaceful environment has required a high level of military expenditures. What makes Turkey's military expenditures relatively high? Is it possible to draw inferences that high military expenditures are a requirement for Turkey? To answer these questions, factors that are major reasons for high military expenditures are also discussed in this thesis. These include strategic factors, conflicts with PKK terrorism, disputes with Greece, the military modernization program, and the economic environment of Turkey.en_US
dc.format.extentxiv, 95 p. ; 28 cm.en_US
dc.publisherMonterey, California: Naval Postgraduate School, 2008.en_US
dc.subject.lcshEconomic development.en_US
dc.titleDefense expenditure and economic growth: empirical study on case of Turkeyen_US
dc.contributor.departmentNaval Postgraduate School (U.S.)
dc.subject.authorDefense-growth relationshipen_US
dc.subject.authordefense spendingen_US
dc.subject.authorTurkish defense expendituresen_US
dc.subject.authordefense tradeoff;en_US
etd.thesisdegree.nameMaster of Business Administrationen_US
etd.thesisdegree.levelMastersen_US
etd.thesisdegree.disciplineBusiness Administrationen_US
etd.thesisdegree.grantorNaval Postgraduate Schoolen_US
dc.description.distributionstatementApproved for public release; distribution is unlimited.


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