Journals / TİSK Akademi / 2014 / Cilt: 9 - Sayı: 17

Technologic Development and Economic Growth: An Application on OECD Countries

Teknolojik Gelişme ve Ekonomik Büyüme: OECD Ülkeleri Üzerine Bir Uygulama

Pages
70–92
DOI
—
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AI Summary & Key Takeaways

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

According to results of analysis in OECD countries it was seen that technological development has a positive impact on economic growth in line with expectations.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Technologic Development and Economic Growth: An Application on OECD CountriesTechnological development and innovations are most important factors that contribute both developed countries and developing countries' economic growth process.
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Key Findings & Data:Starting from this point in the study, the relationship between technologic development and economic growth, on the basis of OECD countries for the period 1991-2011 were anaylzed by the models of Panel Data.
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Conclusion & Impact:According to results of analysis in OECD countries it was seen that technological development has a positive impact on economic growth in line with expectations.
🔬Design:Modeling & Simulation
📍Scope:2011 Verileri
⚙️Variables:Domain Parameters

Abstract

Technologic Development and Economic Growth: An Application on OECD CountriesTechnological development and innovations are most important factors that contribute both developed countries and developing countries' economic growth process. Technologic development occuring in paralel with the development of human knowledge; through new production techniques, inventions and innovations play an important role by providing more efŞ cien tuse of production factors (both labor and capital as well as technology). Especially in recent years given the world-wide point of origin Asian economies (China, South Korea, India, Thailand etc.) that create productivity gains, contribution of technology and innovation on economic growth and development is clearly emerging. Starting from this point in the study, the relationship between technologic development and economic growth, on the basis of OECD countries for the period 1991-2011 were anaylzed by the models of Panel Data. According to results of analysis in OECD countries it was seen that technological development has a positive impact on economic growth in line with expectations.

Özet

Teknolojik Gelişme ve Ekonomik Büyüme: OECD Ülkeleri Üzerine Bir UygulamaTeknolojik gelişme ve yenilikler, hem gelişmiş ülkelerin hem de gelişmekte olan ülkelerin ekonomik büyüme süreçlerine katkı yapan en önemli faktörlerin başında gelmektedir. İnsan bilgisinin gelişmesine paralel olarak ortaya çıkan teknolojik gelişme; yeni üretim teknikleri, icatlar ve yenilikler kanalıyla üretim kaynaklarının (gerek işgücü ve sermaye gerekse de teknoloji) daha verimli kullanılmasını sağlayarak önemli bir rol üstlenir. Özellikle son yıllarda verimlilik artışı yaratan Asya ekonomilerinin (Çin, Güney Kore, Hindistan, Tayland vb.) dünya ekonomisindeki oynadıkları rol göz önüne alındığında, teknoloji ve yeniliğin ekonomik büyüme ile kalkınmaya olan katkısı açık bir şekilde ortaya çıkmaktadır. Buradan hareketle bu çalışmada, teknolojik gelişme ve ekonomik büyüme arasındaki ilişki, OECD ülkeleri esas alınarak 1991-2011 dönemi için Panel Veri modelleriyle analiz edilmiştir. Analiz sonuçlarına göre, OECD ülkelerinde teknolojik gelişmenin iktisadi büyümeyi beklentilere uygun olarak pozitif yönde etkilediği görülmüştür.

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Cite This Article

ÖZER, M., KILINÇ, E. C. (2014). Technologic Development and Economic Growth: An Application on OECD Countries. TİSK Akademi, Cilt: 9 - Sayı: 17, 70–92. https://ajindex.com/articles/364492

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