Savunma Sanayinin Gelişiminin İhracat-İthalat Dengesi Üzerindeki Etkileri
The Effects of Defence Industry Development on Export-Import Balance

Summary/Abstract: Our country is under economic and military risks due to its geopolitical position. Due to our history, it is understood that we are in a position to give importance to defence industry. When the concept of developments in defence industry is examined, it is seen that development could be provided by meeting the needs from internal or external sources. In defining the developments in the defence industry, variables such as patents and employment rate are taken as basis in the literature. One of the measurement values defining these variables is defence expenditures, and the effects of the expenditures on economic growth may be different depending on whether the defence needs are met by internal or external sources. In this study, the effects of the expenditures made for the development of the defence industry on the export-import balance, which is an important macroeconomic variable, have been investigated. In the researches carried out at different periods, it was observed that the expenditures made for the defence industry had a positive effect on the export-import balance in both short and long term as the technological level in the defence industry increased. Therefore, as the defence industry is localized, the share of imports in foreign trade volume is decreasing.

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