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Survey and Review of the Defense Economics Literature on Greece and Turkey: What Have We Learned?

  • Jurgen Brauer

This article contains a critical review of the literature on the economics of military affairs in Greece and Turkey as of December 1999. In particular, I review (a) arms race models; (b) models of the demand for military expenditure; (c) models measuring the economic impact of military expenditure; and (d) literature and issues related to indigenous arms production. I conclude with a number of summary lessons and observations of how future research might improve upon the existing body of work.

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File URL: http://www.tandfonline.com/doi/abs/10.1080/10242690210969
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Article provided by Taylor & Francis Journals in its journal Defence and Peace Economics.

Volume (Year): 13 (2002)
Issue (Month): 2 ()
Pages: 85-107

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Handle: RePEc:taf:defpea:v:13:y:2002:i:2:p:85-107
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  1. Paul Dunne & Eftychia Nikolaidou & Dimitrios Vougas, 2001. "Defence spending and economic growth: A causal analysis for Greece and Turkey," Defence and Peace Economics, Taylor & Francis Journals, vol. 12(1), pages 5-26.
  2. repec:cup:cbooks:9780521447287 is not listed on IDEAS
  3. repec:cup:cbooks:9780521630931 is not listed on IDEAS
  4. Christos Avramides, 1997. "Alternative models of Greek defence expenditures," Defence and Peace Economics, Taylor & Francis Journals, vol. 8(2), pages 145-187.
  5. Christos Kollias, 1995. "Preliminary findings on the economic effects of Greek military expenditure," Applied Economics Letters, Taylor & Francis Journals, vol. 2(1), pages 16-18.
  6. LaCivita, Charles J. & Frederiksen, Peter C., 1991. "Defense spending and economic growth An alternative approach to the causality issue," Journal of Development Economics, Elsevier, vol. 35(1), pages 117-126, January.
  7. Rao, V V Bhanoji, 1989. "Government Size and Economic Growth: A New Framework and Some Evidence from Cross-Section and Time-Series Data: Comment," American Economic Review, American Economic Association, vol. 79(1), pages 272-80, March.
  8. Biswas, Basudeb & Ram, Rati, 1986. "Military Expenditures and Economic Growth in Less Developed Countries: An Augmented Model and Further Evidence," Economic Development and Cultural Change, University of Chicago Press, vol. 34(2), pages 361-72, January.
  9. Christos Kollias & Stelios Makrydakis, 1997. "Is there a Greek-Turkish arms race?: Evidence from cointegration and causality tests," Defence and Peace Economics, Taylor & Francis Journals, vol. 8(4), pages 355-379.
  10. Feder, Gershon, 1983. "On exports and economic growth," Journal of Development Economics, Elsevier, vol. 12(1-2), pages 59-73.
  11. Ram, Rati, 1995. "Defense expenditure and economic growth," Handbook of Defense Economics, in: Keith Hartley & Todd Sandler (ed.), Handbook of Defense Economics, edition 1, volume 1, chapter 10, pages 251-274 Elsevier.
  12. Christos Kollias & Stelios Makrydakis, 2000. "A note on the causal relationship between defence spending and growth in Greece: 1955-93," Defence and Peace Economics, Taylor & Francis Journals, vol. 11(1), pages 173-184.
  13. Carr, Jack L, 1989. "Government Size and Economic Growth: A New Framework and Some Evidence from Cross-Section and Time-Series Data: Comment," American Economic Review, American Economic Association, vol. 79(1), pages 267-71, March.
  14. Selami Sezgin, 1997. "Country survey X: Defence spending in Turkey," Defence and Peace Economics, Taylor & Francis Journals, vol. 8(4), pages 381-409.
  15. Michael Chletsos & Christos Kollias, 1997. "The Effects of Macroeconomic Aggregates on Employment Levels in Greece: A Causal Analysis," LABOUR, CEIS, vol. 11(3), pages 437-448, November.
  16. Neal, Larry & Barbezat, Daniel, 1998. "The Economics of the European Union and the Economies of Europe," OUP Catalogue, Oxford University Press, number 9780195110685, March.
  17. Charles H. Anderton, 1989. "Arms Race Modeling," Journal of Conflict Resolution, Peace Science Society (International), vol. 33(2), pages 346-367, June.
  18. Smith, R P, 1989. "Models of Military Expenditure," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 4(4), pages 345-59, Oct.-Dec..
  19. repec:cup:cbooks:9780521638807 is not listed on IDEAS
  20. Ram, Rati, 1989. "Government Size and Economic Growth: A New Framework and Some Evidence from Cross-Section and Time-Series Data: Reply," American Economic Review, American Economic Association, vol. 79(1), pages 281-84, March.
  21. Krebs, Ronald R., 1999. "Perverse Institutionalism: NATO and the Greco-Turkish Conflict," International Organization, Cambridge University Press, vol. 53(02), pages 343-377, March.
  22. Alogoskoufis, George & Smith, Ron, 1991. " On Error Correction Models: Specification, Interpretation, Estimation," Journal of Economic Surveys, Wiley Blackwell, vol. 5(1), pages 97-128.
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