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Defence and Peace Economics

Volume 21, Issue 2, 2010

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FIGHTING TERRORISM: ARE MILITARY MEASURES EFFECTIVE? EMPIRICAL EVIDENCE FROM TURKEY
Original Articles

FIGHTING TERRORISM: ARE MILITARY MEASURES EFFECTIVE? EMPIRICAL EVIDENCE FROM TURKEY

DOI:
10.1080/10242690903568884
Mete Feriduna* & Muhammad Shahbazb

pages 193-205

Abstract

The present article aims at investigating the causal relationship between defense spending and terrorism in Turkey using the Autoregressive Distributed Lag (ARDL) bounds testing procedure and Granger‐causality analysis. The findings reveal that there exists a unidirectional causality running form terrorist attacks to defense spending as expected, but not vice versa. In the light of this finding it can be inferred that military anti‐terrorism measures alone are not sufficient to prevent terrorism.

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Details

  • Citation information:
  • Received: 11 Jan 2008
  • Accepted: 15 Sep 2009
  • Published online: 30 Apr 2010

Author affiliations

  • a Department of Banking and Finance, Faculty of Business and Economics , Eastern Mediterranean University , Turkey
  • b Centre for Research, Department of Management Sciences , COMSATS Institute of Information Technology , Lahore, Pakistan

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