Investigating the Nexus Between Militarization and Inflation in Turkey

The importance of military expenditure in terms establishing national security constitutes the main excuse for public expenditures made by states this field. Yet, a special should be attached to ensuring efficiency sectors developing countries and rational use resources. In fact, there is no consensus about effect these types on economy general or trade-offs they cause. Therefore, their effects major macroeconomic variables resource allocation, production, distribution deserve comprehensively addressed. To end, study aims investigate long- term militarization inflation Turkey. By incorporating annual data from period 1970 2020 employing combined approach cointegration suggested Bayer Hanck (2013), presence long-term interplay between can analyzed. After detecting cointegration, findings long run model reveal that spurred arms imports besides other determinants inflation.