International Conference on Eurasian Economies
18-20 June 2018 – Tashkent, UZBEKISTAN
Paper detail
Paper ID : 2138
Status : Paper published
Language : Turkish
Topic : Sectoral Analyses
Presenter: Asst. Prof. Dr. Nilgün Bilici
Session : 1D Büyüme
Developments of Defense Industry Competitive Power in Stressful Economies
Stresli Ekonomilerde Savunma Sanayi Rekabet Gücünde Gelişmeler
- Asst. Prof. Dr. Özge Buzdağlı (Atatürk University, Türkiye)
- Asst. Prof. Dr. Nilgün Bilici (Atatürk University, Türkiye)
- Prof. Dr. Mine Gerni (Marmara University, Türkiye)
- Prof. Dr. Ömer Selçuk Emsen (Atatürk University, Türkiye)
Abstract
With the increasing globalization, countries’ competitive power on international markets has gained importance. One of the most prevalent methods which is used to determine countries’ comparative advantages on which field and, thereby their international competitive power is “Explained Comparative Advantages” or “Balassa Index” developed by Balassa (1965). If index value that is attained by calculating index is higher than 50, country’s competitive power on that good is high; if the index value is less than 50, competitive power on that good is low. In this study, 4 countries are selected according to their accessibility of the data, for these countries, variance on the competitive power is examined in terms of defense industry with Balassa Index. In the study, counter arguments with globalization logic, that is, especially in defense industry reduction of external dependence when considered even Adam Smith gave approval anti liberal implementations about this subject, in the countries which are exposed to domestic and foreign oppression, searching for detractive precaution on external dependence is more likely high. In the analysis to test this hypothesis, while competition pursuit on defense industry is triggering self-reliance in stressful economies, it is high in economies that have weak military alliance.
JEL codes:
Buzdağlı, Özge, Bilici, Nilgün, Gerni, Mine, Emsen, Ömer Selçuk (2018). "Developments of Defense Industry Competitive Power in Stressful Economies" in Proceedings of International Conference of Eurasian Economies 2018, pp.384-390, Tashkent, UZBEKISTAN.
DOI: https://doi.org/10.36880/C10.02138
