The Impact of Defence Expenditures on Government Debt, Budget Deficit, and Current Account Deficit: Evidence from Developed and Developing Countries

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dc.authoridDurucan, Aysegul/0000-0001-8424-4018
dc.contributor.authorDurucan, Aysegul
dc.contributor.authorYesil, Eda
dc.date.accessioned2025-01-21T16:33:17Z
dc.date.available2025-01-21T16:33:17Z
dc.date.issued2022
dc.departmentKırıkkale Üniversitesi
dc.description.abstractAlthough there are many studies on the effect of defence expenditures, which have a significant share in government expenditures, on various macroeconomic variables, there are very few studies on their effects on government debt, budget deficit and current account deficit. In this paper, the effect of defence expenditures on government debt, budget deficit, and current account deficit is empirically analyzed by system GMM analysis employing annual data from 16 developed and 9 developing countries for the period 2000-2019. The findings of the paper show that defence expenditures are important factor to determine government debt, budget deficit and current account deficit.
dc.identifier.doi10.17153/oguiibf.1086651
dc.identifier.endpage701
dc.identifier.issn1306-6730
dc.identifier.issue3
dc.identifier.startpage686
dc.identifier.trdizinid1141211
dc.identifier.urihttps://doi.org/10.17153/oguiibf.1086651
dc.identifier.urihttps://search.trdizin.gov.tr/tr/yayin/detay1141211
dc.identifier.urihttps://hdl.handle.net/20.500.12587/23776
dc.identifier.volume17
dc.identifier.wosWOS:000892476400004
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakTR-Dizin
dc.language.isoen
dc.publisherEskisehir Osmangazi Univ, Fac Education
dc.relation.ispartofEskisehir Osmangazi Universitesi Iibf Dergisi-Eskisehir Osmangazi University Journal of Economics and Administrative Sciences
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_20241229
dc.subjectDefence Expenditures; Government Debt; Budget Deficit; Current Account Deficit; System GMM Analysis
dc.titleThe Impact of Defence Expenditures on Government Debt, Budget Deficit, and Current Account Deficit: Evidence from Developed and Developing Countries
dc.typeArticle

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