This paper examines possible nonlinearities in growth rates of nine U.K. macroeconomic time series, namely gross domestic product, price, consumption, retail sales, personal disposable income, savings, investment, industrial production and unemployment, chosen as representative of series...

The economic growth effects of terrorism have generally been examined in a cross-country framework where socio-economic differences among the countries are ignored. This highly restrictive assumption may result in heterogeneity bias, which could be overcome by resorting to country studies rather...

Tourism sector entails both costs and benefits to the economy. The costs are mainly emphasized as opportunity costs. On the other hand tourism revenues may have growth promoting potential benefits: It is a source for deriving foreign exchange which can be used to import capital goods for...

This paper investigates the determinants of provincial terrorism in Turkey taking spatial dimension into account for the time period 1990--2006. Following a traditional global regression analysis, spatial variations in the relationships are examined with geographically weighted regression (GWR)...

Even though the convergence of regional per capita income has been a highly debated issue internationally, empirical evidence regarding Turkey is limited as well as contradictory. This article is an attempt to investigate regional income inequality and the convergence dynamics in Turkey for the...

An important issue in defense economic literature has long been the modeling the arms race between rival countries. However, although various specifications with different data sets have been employed, little has been found in favor of a clear-cut arms race between the rivalries. Brauer (2002)...