Exploring the Defence Industry's Macroeconomic and Microeconomic Perspectives under New Security Conditions

Abstract

The purpose of this paper is to explore the economic aspects of the defense industry under new security conditions. The paper utilizes data from SIPRI. To address the impact of the defense industry, descriptive and comparative analysis methods were employed. From statistical methods, regression analysis was applied to selected countries for the years 2014 and 2022. GDP per capita, military expenditures, arms exports, and the granting of military licen ses are interconnected. Arms exports, along with issued arms export licenses, can be considered a driving force for gross domestic product growth.