The Effect of Defence Expenditures on Inflation: The Case of Selected NATO Countries

dc.authorid0000-0001-5862-5079
dc.contributor.authorOksuz, Mehtap
dc.contributor.authorYilmaz, Neslihan
dc.date.accessioned2026-02-03T12:00:21Z
dc.date.available2026-02-03T12:00:21Z
dc.date.issued2025
dc.departmentÇanakkale Onsekiz Mart Üniversitesi
dc.description.abstractThe impact of defence expenditures on inflation in selected NATO countries was analysed, taking structural breaks into account in this study. The implementation covers the USA, UK, France, Germany, Italy, ranked first to fifth, and T & uuml;rkiye, ranked 8th in defence expenditures in NATO. The analysis was executed using data from 1960 to 2022. In this respect, the question of whether defence expenditures create inflationary pressure was expanded with the Fourier function. This method integrates the effect of structural breaks into the model by considering and reviewing the ARDL Bounds Test and ADL Cointegration techniques. Consequently, the findings showed that defence expenditures increased inflation in the USA. However, there was no significant effect in the other examined countries. This case suggested that the impact of defence expenditures on inflation greatly differs from country to country.
dc.identifier.doi10.17233/sosyoekonomi.2025.04.09
dc.identifier.issn1305-5577
dc.identifier.issue66
dc.identifier.scopus2-s2.0-105021125372
dc.identifier.scopusqualityQ3
dc.identifier.trdizinid1353211
dc.identifier.urihttps://doi.org/10.17233/sosyoekonomi.2025.04.09
dc.identifier.urihttps://search.trdizin.gov.tr/tr/yayin/detay/1353211
dc.identifier.urihttps://hdl.handle.net/20.500.12428/34574
dc.identifier.volume33
dc.identifier.wosWOS:001603646300009
dc.identifier.wosqualityQ4
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.indekslendigikaynakTR-Dizin
dc.language.isoen
dc.publisherSosyoekonomi Soc
dc.relation.ispartofSosyoekonomi
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_WOS_20260130
dc.subjectDefence Expenditures
dc.subjectInflation
dc.subjectNATO
dc.subjectFourier
dc.titleThe Effect of Defence Expenditures on Inflation: The Case of Selected NATO Countries
dc.typeArticle

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