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...

It is often assumed that there is trade-off between defence spending and spending on education and health, even though the empirical literature suggests mixed evidence about its nature. This study investigates the possible trade-off between Turkish defence spending and spending on health and...