Journals / İzmir İktisat Dergisi / 2020 / Cilt: 35 - Sayı: 1

Are Research and Development Expenditures the Cause of Economic Growth? Evidence from Information and Communication Technology Sector of Turkey

Araştırma-Geliştirme Harcamaları Ekonomik Büyümenin Nedeni Mi? Türkiye Bilgi ve İletişim Teknolojileri Sektörü Örneği

Pages
105–112
Publication Date
2020-03-31
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

In other words, R&D expenditures positively affect the ICT sector revenue, and ICT revenue positively affects R&D expenditures.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:R&D expenditures is an important engine that plays a role in innovation, productivity and economic growth.
📊
Key Findings & Data:In this study, information is given about the R&D expenditures development of Information and Communication Technologies Sector in Turkey and the relationship between R&D expenditures and economic growth is analysed with Granger causality test using data from 2003-2017.
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Conclusion & Impact:In other words, R&D expenditures positively affect the ICT sector revenue, and ICT revenue positively affects R&D expenditures.
🔬Design:Research Article
📍Scope:2003-2017 Verileri
⚙️Variables:Ar-Ge · BİT · Granger nedensellik

Abstract

R&D expenditures is an important engine that plays a role in innovation, productivity and economic growth. Countries that attach importance to R&D spending have advanced in science and technology and have become more competitive. In this study, information is given about the R&D expenditures development of Information and Communication Technologies Sector in Turkey and the relationship between R&D expenditures and economic growth is analysed with Granger causality test using data from 2003-2017. Therefore, the importance of the Information and Communication Technologies sector for sustainable economic growth is demonstrated. The results of the study reveal a bidirectional causality between ICT R&D expenditures and ICT sector revenue. In other words, R&D expenditures positively affect the ICT sector revenue, and ICT revenue positively affects R&D expenditures.

Özet

Ar-Ge harcamaları yenilikte, verimlilik artışında ve ekonomik büyümede rol alan önemli bir motordur. Ar-Ge harcamalarına gereken önemi veren ülkeler, bilim ve teknoloji alanında ilerlemiş ve daha rekabetçi hale gelmişlerdir. Bu çalışmada, Türkiye’de Bilgi ve İletişim Teknolojileri Sektörü Ar-Ge harcamalarının gelişimi hakkında bilgi verilmiş, Ar-Ge harcamaları ve ekonomik büyüme ilişkisi Granger nedensellik testi yardımıyla 2003-2017 yılları arası veriler kullanılarak analiz edilmiştir. Dolayısıyla, Bilgi ve İletişim Teknolojileri sektörünün, sürdürülebilir ekonomik büyüme için önemi ortaya konulmuştur. Çalışmanın sonuçları, BİT Ar-Ge harcamaları ve BİT sektörü hasılası arasında iki yönlü bir nedensellik bulgusunu ortaya koymaktadır. Diğer bir deyişle, Ar-Ge harcamaları BİT sektörü hasılasını, BİT hasılası da Ar-Ge harcamalarını olumlu olarak etkilemektedir.

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Cite This Article

PAKDEMİRLİ, B. (2020). Are Research and Development Expenditures the Cause of Economic Growth? Evidence from Information and Communication Technology Sector of Turkey. İzmir İktisat Dergisi, Cilt: 35 - Sayı: 1, 105–112. https://ajindex.com/articles/29837

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