International Conference on Eurasian Economies
2-4 September 2020 – Baku - AZERBAIJAN
Paper properties
Paper ID : 2393
Status : Paper published
Language : Turkish
Topic : International Trade and Globalization
Presenter: Prof. Dr. Ömer Selçuk Emsen
Presentation Location : Online
Session : 4A Makroekonomi
The Relationships between Military Expenditures and Innovations and Technological Goods Export
Askeri Harcamalar ile İcatçılık ve Teknolojik Mal İhracatı Arasındaki İlişkiler
- Prof. Dr. Cevat Gerni (Istanbul Beykent University, Türkiye)
- Prof. Dr. Selahattin Sarı (Doğuş University, Türkiye)
- Assoc. Prof. Dr. Ziya Çağlar Yurttançıkmaz (Atatürk University, Türkiye)
- Prof. Dr. Ömer Selçuk Emsen (Atatürk University, Türkiye)
Abstract
Technological developments resulting from military expenditures increase competitiveness. This fact also increases exports based on military technology and foreign currency revenues. Indirectly, the increased competitiveness in the military sector contributes to the development of technologies that can be used in the civilian field after a while. It also contributes positively to the export revenues of the country by creating competitive power in the civilian sectors with the delayed effects of the superiority in the military field. Therefore, military expenditures, which are generally described as inefficient expenditures, are expected to both encourage innovation and, when used in civilian areas, stimulate, the high-tech exports. This study aims at investigating the relationships among military expenditures and inventiveness as a measure of efficiency of military expenditures, and high technology goods which are the reflection of efficiency in inventiveness. In the study covering 16 countries and the period of 1991-2018, panel regression estimates are made. As a result of the regression estimates, military expenditures seem to affect the patent positively, so findings support the first hypothesis. The effect of military expenditures on the medium and high technology goods exports is, contrary to the expectation, negative; which means the second hypothesis is not supported. This result might require studies covering much longer periods.
JEL codes: C23, F47, O31
Gerni, Cevat, Sarı, Selahattin, Yurttançıkmaz, Ziya Çağlar, Emsen, Ömer Selçuk (2020). "The Relationships between Military Expenditures and Innovations and Technological Goods Export" in Proceedings of International Conference of Eurasian Economies 2020, pp.106-114, Baku - AZERBAIJAN.
DOI: https://doi.org/10.36880/C12.02393
