| Dependent Variables | Independent Variables |
| Total Number of Violations | GDP of Turkey/GDP of Greece |
| Violations of Greek Airspace | GDP growth of Turkey/GDP growth of Greece |
| Defense Expenses of Greece as a percent of its GDP | GDP per capita of Turkey/GDP per capita of Greece |
| Total Reserves of Turkey/Total Reserves of Greece | |
| Exports as a percent of GDP of Turkey/Exports as a percent of GDP of Greece | |
| Balance of Trade of Turkey/Balance of Trade of Greece | |
| Defense Expenditure of Turkey/Defense Expenditure of Greece | |
| Debt as a percent of GDP of Turkey/Debt as a percent of GDP of Greece | |
| Unemployment of Turkey/Unemployment of Greece | |
| Market Cap as a percent of GDP of Turkey/Market Cap as a percent of GDP of Greece | |
| Market Cap of Turkey/Market Cap of Greece | |
| FDI (Net Inflows) as a percent of GDP of Turkey/FDI (Net Inflows) as a percent of GDP of Greece | |
| Defense Expenses as a percent of GDP of Turkey/Defense Expenses as a percent of GDP of Greece |