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- Title
SAVUNMA HARCAMALARI İLE SOSYAL REFAH HARCAMALARI ARASINDAKİ İLİŞKİNİN ANALİZİ: NATO ÜLKELERİ ÖRNEĞİ.
- Authors
TAŞDELEN, Servet; GİRAY, Filiz
- Abstract
Defense services are important in terms of preserving the social order, maintaining the sovereignty and providing internal and external security. Therefore, throughout history, states have attached great importance to defense services for their sovereignty and security. In order to perform defense services, states had to allocate significant amounts of resources from their budgets to defense. However, this situation may cause a serious burden on the limited budgets of the states and may also cause an "opportunity cost" against other expenditure items of the budget. Because allocating more resources to defense services requires giving up other public services. Therefore, it is of great importance to examine the dynamic relationship between defense expenditures and social welfare expenditures, which are among the most important expenditure items of the budget. Therefore, in the study, the dynamic relationship between defense expenditures and social welfare expenditures was examined by panel data analysis using the data of 27 NATO member countries between the years 2000-2019. As a result of the examination, a significant and negative relationship was found between defense expenditures and social welfare expenditures at the 5% significance level. It has been determined that the 1% increase in the defense expenditure ratio has decreased the social welfare expenditures of the member countries by approximately 0.34%.
- Subjects
SOCIAL services; DATA analysis
- Publication
Financial Analysis / Mali Cozum Dergisi, 2023, Vol 33, Issue 180, p1699
- ISSN
1303-5444
- Publication type
Article