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Defence expenditures have both costs and benefits to the economy. The costs of defence expenditures are mainly emphasized as opportunity costs. On the other hand, defence spending may have growth-promoting potential benefits: a rise in defence spending may result in a higher aggregate demand,...
Persistent link: https://www.econbiz.de/10005495957
Although a number of studies concerning Turkish defence-growth relation have been published in recent years, little attention is given the demand for Turkish defence expenditure. This is an important issue for understanding which variables contribute to the determination of the demand for...
Persistent link: https://www.econbiz.de/10005495982
The new strategic environment that was created with the end of the Cold War, led many European countries to abolish conscription and adopt an all volunteer force (AVF). Even though it is not likely for the Turkish Armed Forces to adopt an AVF in the near future, the issue has been in the...
Persistent link: https://www.econbiz.de/10005495984
Even though the military expenditure - economic growth relationship has been intensively investigated in the defence economics literature, few studies have been devoted to investigate the nature of military expenditure related employment in armed forces, civil service and in the industries that...
Persistent link: https://www.econbiz.de/10005462788
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This paper employs a beta convergence analysis for the regional employment rates in the agriculture, industry and services sectors in Turkey during 2004-2011. After performing a standard seemingly unrelated regression (SUR) model for the sectoral equations, spatial variations are also taken into...
Persistent link: https://www.econbiz.de/10010740455
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...
Persistent link: https://www.econbiz.de/10010813935
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Persistent link: https://www.econbiz.de/10010935876
Following a brief account of the history and structure of Turkey's armed forces, the article reports on an effort to profile current conscripts using survey data. The samples suggest that over 50 percent of the conscripts believe that they would like to enlist beyond the conscription period, and...
Persistent link: https://www.econbiz.de/10010941248