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Defence Spending and Political Business Cycles in Turkey

Author

Listed:
  • Sennur Sezgin

    () (Pamukkale University Faculty of Economics and Administrative Sciences)

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.

Suggested Citation

  • Sennur Sezgin, 2010. "Defence Spending and Political Business Cycles in Turkey," Ege Academic Review, Ege University Faculty of Economics and Administrative Sciences, vol. 10(2), pages 487-502.
  • Handle: RePEc:ege:journl:v:10:y:2010:i:2:p:487-502
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    References listed on IDEAS

    as
    1. Vaubel, Roland, 1997. "The bureaucratic and partisan behavior of independent central banks: German and international evidence," European Journal of Political Economy, Elsevier, vol. 13(2), pages 201-224, May.
    2. Paldam, Martin, 1979. " Is There an Election Cycle? A Comparative Study of National Accounts," Scandinavian Journal of Economics, Wiley Blackwell, vol. 81(2), pages 323-342.
    3. Ellis, Christopher J. & Thoma, Mark A., 1996. "The implications for an open economy of partisan political business cycles: Theory and evidence," European Journal of Political Economy, Elsevier, vol. 11(4), pages 635-651, April.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Fi̇li̇z Eryilmaz & Mehmet Mercan, 2015. "Political Budget Cycles: Evidence From Turkey," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 5-14, April.

    More about this item

    Keywords

    Political Business Cycle; Defence Spending; Turkey;

    JEL classification:

    • H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
    • H59 - Public Economics - - National Government Expenditures and Related Policies - - - Other

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