Özet:

While terrorism has been perceived as the main problem for some countries in the world for many years, after the September 11 events it has begun to be seen as an international threat affecting almost all countries. With this threat, the country’s economic powers and resources have changed their use compositions and prevented them from reaching the desired level in their development and development. One of the most important reasons for Turkey's failure to the desired socio-economic development was terrorism. In countries where terrorism has not been seen much, the policy makers have given more place to the policies that raise the levels of well-being, while Turkey has been forced to allocate most of its resources with its national security policies to fight terrorism. Therefore, the study of the effects of terrorism on macroeconomic indicators has become important in terms of economic literature. In the study for this purpose, the impact of terrorism on fixed capital investments was studied with the help of annual data for the Turkish economy between 1982-2017 and time series analysis. According to the findings from the study, terrorism has a negative impact on fixed capital investments.

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