Buradasınız

DEFENCE SPENDING and POLITICAL BUSINESS CYCLES IN TURKEY

Journal Name:

Publication Year:

Author NameUniversity of AuthorFaculty of Author
Abstract (2. Language): 
The allocation and distribution of government resources is a political process by it is nature. Considerable amount of government spending goes to defence expenditure in Turkey. So, is defence spending affected from political business cycle? To answer this question, this study analyses relationship between political business cycle and total and disaggregate defence spending using regression analyses. This study find that there is no trace of political business cycle over defence spending in Turkey. Furthermore, this study indicate that military coup and increasing of terrorist incidents are cause an increase on defence expenditure.

REFERENCES

References: 

Abdel-Rahman, A-M.M. (1997): "The Partisan Theory and Macroeconomic Policy Under Unscheduled Regime Transfers: A Case Study of an LDC", Journal of Economics Studies, 24(4): 222-241. Akcoraoglu, A. and Yurdakul, F. (2004): "Siyasal Ekonomi Acismdan Buytime, Enflasyon ve Bütce Acikları: Tiirkiye Uzerine Bir Uygulama", Siyasal Bilgiler Fakültesi Dergisi, 59(1),
Akgün, B. (2000): “Explaining the Turkish Vote: Partisanship, İdeology and Economic Factors in Electoral Choice”, Unpublished Phd Thesis, Case Western Reserve University, USA.
Alesina, A. Roubini, N. and Cohen G. (1991): "Macroeconomic Policy and Elections in OECD Democracies" NBER Working Paper Series, 3830. Alesina, A. Roubini, N. and Cohen G. (1991): Political Cycles and the Macroeconomy. Cambridge: USA, MIT pres. Alesina, A. and Sachs J. (1988) "Political Parties and the Business Cycle in the United States, 1948-1984", Journal of Money, Credit and Banking, 20(1): 63-82. Andrikopoulos, A. Loizides, I. and Prodromidis, K. (2004): "Fiscal Policy and Political Business Cycles in the EU" European Journal of Political Economy, 20: 25-152. Block, S. A. (2002): " Political Business Cycles, Democratization and Economic Reform: The Case of Africa", Journal of Development Economics, 67: 205-228. Bravo, A. B. Santos and Silvestre, A. L. "Fiscal Sustaninability, Electoral Cycles and The European Constraint", www.iseg.utl.pt/departamentos/economia/acosemiii/00 Q1/ (12.10.2007)
Brauer, J. (2002): “Survey and review of the defence economics literature on Greece and Turkey: What have we learned?”, Defence and Peace economics, 13(2): 85-108.
Derin, I. (2002): "Do Political Business Cycles Exist in Turkey?" Unpublished Phd. Thesis, Faculty of Claremont Graduate University, California, USA. Derouen, K. and U.K. Heo (2000): “Defense Contracting and Domestic Politics” Political Research Quaterly, 53(4): 753-769. Dodd, C.H. (1992): “The Development of Turkish Democracy”, British Journal of Middle Eastern Studies, 19(1):16-30.
Ellis, C. and. Thoma, M. A. (1995): “The Implications for an Open Economy of Partisan Political Business Cycles: Theory and Evidence", European Journal of Political Economy, 11:635-651. Eren, E. (1988): "Siyasal Konjonktürel Dalgalanmalar ve Türkiye", Uludag Universitesi Iktisadi ve idari BilimlerFakultesi Dergisi, 1(2): .41-52. Ertuğrul, A. and Selçuk, F. A Brief Account of Turkish Economy, 1980-2000, www.econturk.org/fselçuk.pdf (05.06.2009) Global Terrorism Data (GTD), Start, University of Maryland, http://www.start.umd.edu/start/data (09.09.2009) Golden, D. G. and Poterba, J. M. (1980): “The Price of Popularity: The Business Cycle Re-examined", American Journal of Political Science, 24(4): 696-714. Hallerberg, M., Souza, L. V. and Clark, W. R. (2004): "The Political Business Cycle of EU Accession Countries", European Union Politics 3(2): 235- 2004. Kalaycıoğlu, E. (1997): “The Logic of Contemporary Turkish Politics”, Middle East Review of International Affairs, 3. Karagöl E. and Turhan, A. (2008): “External Debt, Defence Expenditures and Political Business Cycles in Turkey”, Defence and Peace Economics, 19(3): 217-224. Kollias, C. and Paleologou, S. M. (2003): “Domestic Political and External Security Determinants of the Demand for Greek Military Expenditure”, Defence and Peace Economics, 14(6): 437-445. Leertouwer, E. and Maier, P. (2002): "International and Domestic Constraints on Political Business Cycles in OECD Economies: A comment", International Organization, 56: 209-221.
Mardin, Ş. (1986): “Türk Siyasasını Açıklayabilecek Bir Anahtar: Merkez-Çevre İlişkileri”, Ersin Kalaycıoğlu ve A.Yaşar Sarıbay (ed.) Türk Siyasal Hayatının Gelişimi. İstanbul: Beta Basım Yayım Dağıtım A.Ş.
NATO Review (Various issues) Paldam, M. (1979): "Is There an Election Cycle? A Comparative Study of Natioanal Accounts", 81: 323-342. Paldam, M. (1983): "Industrial Conflicts and Economic Condition- A Comparative Emperical Investigation", European Economic Review, 20:: 231-256.
Persson, T. and Tabellini G. (1990): Macroeconomic Policy, Credibility and Politics. Newyork, Harwood Academic Publishers. Richard, D. J. (1986): "Unanticipated Money and Political Business Cycle", Journal of Money, Credit and Banking, 18(4): 447-457. Rogoff, K. and Sibert, A. (1988): "Election and Macroeconomic Policy Cycles", The Review of Economic Studies, 55(1): 1-16. Rogoff, K. (1990): "Equilibrium Political Budget Cycles", The American Economic Review, 80(1):21-36. Schultz K. A. (1995): "The Politics of the Political Business Cycle", British Journal of Political Science, 25(1): 79-99.
Sezgin, S. (1997): “Country survey X: Defence spending in Turkey”, Defence and Peace Economics, 8(4): 381 – 409.
Sezgin, S and Yıldırım J. (2002): “Demand for Turkish Defence Expenditure”, Defence and Peace Economics, 13(2): 121-128
SIPRI (Various Years) (Stockholm International Peace Research Institute), www.sıprı.org (03.09.2009) Soh, B. H. (1986): "Political Business Cycles in industrialized Democratic Countries", KYKLOS , 39(1): 31-46. Spanakos, T. (2001): "Political Business Cycles in the Emerging Markets: The Case of Brazil", Conference on Latin American Studies Association. Tessler, M. and Altınoğlu E. (2004): “Political Culture in Turkey: Connections Among Attitudes Toward Democracy, the Military and Islam” Democratization, 11: 21-50. Thames, F. C. (2001): "Did Yeltsin Buy Elections? The Russian Political Business Cycle, 1993-1999", Communist and Post-Communist Studies, 34: 63-76. Treisman, D. and Gimpelson V. (2001): "Political Business Cycless and Russian Elections or the Manipulations of "chudar"", British Journal of Political Science, 31: 225-46. Turkish Statistical Institute (TURKSTAT), (Various year) Social and Economic Indicators, www.turkstat.gov.tr (03.10.2009)

Thank you for copying data from http://www.arastirmax.com