Türkiye’de Silah İthalatının İktisadi Büyüme Üzerine Etkisi
The Impact of Arms Imports on Economic Growth in Turkey

Summary/Abstract: The effects of arms imports, which is the major defense spending item, on the macroeconomic performances of developing countries is a long-debated issue. Therefore, this study aims to determine the impact of arms imports on economic growth, which lead to large deficits in the balance of payments of Turkey. Among the defense spending items, the arms imports have the greatest impact potential on the economies of countries. For this purpose, Bounds Testing based on the structural break Autoregressive Distributed Lag Model (ARDL) was performed to determine the impact of the arms import on economic growth, using the 1990-2017 period data of Turkey. According to the test results of the study, no statistically significant correlation was found between the arms imports in Turkey and economic growth in the short run, but it was found that the arms imports have a negative impact on the economic growth in the long run.

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