Citation

Feridun M, Shahbaz M. Def. Peace Econ. 2010; 21(2): 193-205.

Copyright

(Copyright © 2010, Informa - Taylor and Francis Group)

DOI

10.1080/10242690903568884

PMID

unavailable

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.