BENOİT HİPOTEZİ: SEÇİLMİŞ OECD ÜLKELERİ ÖLÇEĞİNDE PANEL VERİLER YARDIMIYLA ANALİZİ
BENOIT HYPOTHESIS: ANALYSING BY PANEL DATA AS A SCALE OF SELECTED OECD COUNTRIES
Author(s): Volkan AlptekınSubject(s): Economy
Published by: Celal Bayar Üniversitesi Sosyal Bilimler Enstitüsü
Keywords: Benoit hypothesis; military expenditure; ekonomik büyüme; panel data analysis
Summary/Abstract: In this study we employ the panel data testing procedure to test causal effect between military expenditure and economic growth in OECD member countries from the year 1991 to 2008. Ampirically, our results suggest that military spendings has negative effects on economic growth. In this study initially unit root analysis has been made and following this step panel cointegration test has been made. Fınally ındependent variables’s one lagged was added to model ın order to debug the model from autocorrelatin according to the Durbin-Watson Statistics.
Journal: Celal Bayar Üniversitesi Sosyal Bilimler Dergisi
- Issue Year: 10/2012
- Issue No: 02
- Page Range: 204-215
- Page Count: 12
- Language: Turkish
