Military Expenditures And Economic Performance: A Survey Of Literature And The Case Of Turkey

Date

1995

Author

Candemir, H. Baturalp

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World military expenditures have been increasing since the Second World War. Although some deceleration is observed in the second half of 1980s, countries still spend a considerable part of their scarce resources for their military sectors. The movement of scarce resources from the non-military sector to the military sector has opportunity costs. This brings the subject into the scope of economics. This paper offers a literature survey on the relationship between military expenditures and economic performance. Some considerations involving the developments in military expenditures and arms transfers on a worldwide basis, as well as for the case of Turkey, are also provided.

URI

https://hdl.handle.net/11511/112377

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Department of Economics, Article