çenberci, engin (2018): Defense Expenditures and Income Inequality: Evidence from Chosen Euro Using Countries. Published in: Journal of Social Sciences of Mus Alparslan University , Vol. 7, No. 6 (13 December 2019): pp. 121-127.
Preview |
PDF
MPRA_paper_97946.pdf Download (739kB) | Preview |
Abstract
This paper, aims to find the cointegration and the causality between income inequality and defense expenditures in fifteen European Union member countries that used euro currency before, during and after the global economic crises in the period of 2005-2016. Applying cointegration and causality tests to the panel data, the paper aims to fill the gap about income inequality and defense expenditures relation in the literature.
Item Type: | MPRA Paper |
---|---|
Original Title: | Defense Expenditures and Income Inequality: Evidence from Chosen Euro Using Countries |
English Title: | Defense Expenditures and Income Inequality: Evidence from Chosen Euro Using Countries |
Language: | English |
Keywords: | Panel Data Analysis, Defense Expenditures, Income Inequality |
Subjects: | C - Mathematical and Quantitative Methods > C3 - Multiple or Simultaneous Equation Models ; Multiple Variables > C33 - Panel Data Models ; Spatio-temporal Models D - Microeconomics > D6 - Welfare Economics > D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement H - Public Economics > H5 - National Government Expenditures and Related Policies > H54 - Infrastructures ; Other Public Investment and Capital Stock |
Item ID: | 97946 |
Depositing User: | Dr. Engin Çenberci |
Date Deposited: | 27 Dec 2021 17:49 |
Last Modified: | 27 Dec 2021 17:49 |
References: | Abell, J.D. (1994). Military spending and income inequality. Journal of Peace Research, 31(1): 35–43. Akbaş, Y.E., Şentürk, M. & Sancar, C., (2013). Testing for Causality between the Foreign Direct Investment, Current Account Deficit, GDP and Total Credit: Evidence from G7. Panoeconomicus, 6: 791-812 Doi: 10.2298/PAN1306791A. Aksoğan, G. & Elveren, A.Y. (2012). Defence, Health and Education Expenditures and Income Inequality in Turkey (1970-2008): An Econometric Analysis. Sosyoekonomi, 1: 263-280. Ali, H. E. & Galbraith, J. (2003). Military Expenditures and Inequality: Empirical Evidence from Global Data. Granger, C. W. (1969). Investigating causal relations by econometric models and cross-spectral methods. Econometrica, 37(3):424–438. Hirnissa, M.T., Habibullah, M. & Baharom, A.H. (2009). Defense Spending and Income Inequality: Evidence from Selected Asian Countries. Modern Applied Science, 3(5): 96-111, DOI: 10.5539/mas.v3n5p96. Im, K. S., Pesaran, H. & Shin, Y. (2003). Testing for Unit Roots in Heterogeneous Panels. Journal of Econometrics, 115(1): 53–74. Kao, C. (1999). Spurious regression and residuals based tests for cointegration in panel data. Journal of Econometrics, 90:1-44. Levin, A., Lin, C. & Chu, C. J. (2002). Unit Root Tests in Panel Data: Asymptotic and Finite-Sample Properties. Journal of Econometrics, 108(1):1–24. Lin, E. S. & Ali, H. E. (2009). Military Spending and Inequality: Panel Granger Causality Test. Journal of Peace Research, 46: 671-685. Pedroni, P. (1999). Critical Values for Cointegration Tests in Heterogeneous Panels with Multiple Regressors. Oxford Bulletin of Economics and Statistics, November Special Issue. Taş, S., Örnek, İ., & Aksoğan, G. (2013). Defense Spending, Growth and Inequality,1970-2008: An Econometric Analysis. Gaziantep University Journal of Social Sciences, 12 (3):659-682. Töngür, Ü. & Elveren, A.Y. (2013). Military Expenditures, Income Inequality, Welfare and Political Regimes: A Dynamic Panel Data Analysis.Defence and Peace Economics, 26(1):49-74 DOI: 10.1080/10242694.2013.848577. Töngür, Ü. & Elveren, A.Y. (2014). The impact of military spending and income inequality on economic growth in Turkey. Defence and Peace Economics, 27(3):433- 453 DOI:10.1080/10242694.2014.925324. Töngür, Ü. & Elveren, A.Y. (2017). The nexus of economic growth, military expenditures, and income inequality. Quality and Quantity, 51:1821-1842 DOI: 10.1007/s11135-016-0368-4. Ucal M., Karabulut G. & Bilgin M.H. (2009). Military Expenditures and Inequality: Empirical Evidence from Israel. MPRA Paper, University Library of Munich Germany. Wolde-Rufael, Y. (2016a). Defence Spending and Income Inequality in Taiwan. Defence and Peace Economics, 27(6):871-884 DOI: 10.1080/10242694.2014.886436. Wolde-Rufael, Y. (2016b). Military expenditure and income distribution in South Korea. Defence and Peace Economics, 27(4):571-581, DOI:10.1080/10242694.2014.960247. Raza,A.R. & Shahbaz M. (2014). To Battle Income Inequality, Focus on Military Expenditures: Lesson from Pakistan. MPRA Paper, University Library of Munich Germany. Shahbaz M., & et al. (2015). Linkages between Defense Spending and Income Inequality in Iran. MPRA Paper, University Library of Munich Germany. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/97946 |