TERÖRİZMİN SABİT SERMAYE YATIRIMLARI ÜZERİNDEKİ ETKİSİ: TÜRKİYE ÖRNEĞİ
THE EFFECT OF TERRORISM ON GROSS FIXED CAPITAL FORMATIONS: THE CASE OF TURKEY
Author(s): Süleyman UĞURLU, Kerem KarabulutSubject(s): National Economy, Economic history, Economic policy, Security and defense, Post-War period (1950 - 1989), Transformation Period (1990 - 2010), Present Times (2010 - today), Socio-Economic Research
Published by: Kafkas Üniversitesi Sağlık, Kültür ve Spor Daire Başkanlığı Dijital Baskı Merkezi
Keywords: Terrorism; gross fixed capital formation; full modified ordinary least square (fmols);
Summary/Abstract: Terrorism has been perceived as the main problem of some countries in the world for many years; however, it has started to be seen as an international threat affecting almost all countries after 9/11. This threat changed the economic power of countries and their ways of using the resources and prevented them from reaching the desired level in growth and development. Terrorism has been one of the most important reasons why Turkey’s socio-economic development would not be realized. Policymakers give more importance to the policies that promote prosperity, in countries where terrorism is not seen much, yet Turkey, with its national security policy, has had to spare much from its sources to fight against terrorism. Therefore, it becomes very important to investigate the effects of terrorism on macroeconomic indicators from the perspective of economic literature. For this purpose, effects of terrorism fixed capital formations were investigated with the help of time series analysis and the annual data from 1982-2017 of Turkey’s economy. According to the finding obtained from the study, it is seen that terrorism has a negative effect on fixed capital formations.
Journal: Kafkas Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
- Issue Year: 11/2020
- Issue No: 22
- Page Range: 916-936
- Page Count: 21
- Language: Turkish