Journals / Anemon Muş Alparslan Üniversitesi Sosyal Bilimler Dergisi / 2019 / Cilt: 7 - Sayı: 2

Research-Development Expenditures and Economic Growth Relationship: An Applicatıon for Economies Rise Markets

Araştırma-Geliştirme Harcamaları ve Ekonomik Büyüme İlişkisi: Yükselen Piyasalar Ekonomileri İçin Bir Uygulama

Pages
255–263
Publication Date
2022-10-11
DOI
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AI Summary & Key Takeaways

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

As a result of the analysis, a positive relationship was found between the expenditures made on R & D and economic growth in 15 emerging market economies, and it was also learned that there was a mutual bi-directional causality between the two variables.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Innovations in science and technology are one of the driving forces of economic development and growth.
📊
Key Findings & Data:In this context, the relationship between R & D and economic growth in the 15 countries that the IMF described as the rising market economy of the IMF was tested by using panel data analysis between 1996-2015.
💡
Conclusion & Impact:As a result of the analysis, a positive relationship was found between the expenditures made on R & D and economic growth in 15 emerging market economies, and it was also learned that there was a mutual bi-directional causality between the two variables.
🔬Design:Modeling & Simulation
📍Scope:2015 Verileri
⚙️Variables:Domain Parameters

Abstract

Innovations in science and technology are one of the driving forces of economic development and growth. Investments in R & D activities are effective in increasing the level of competition as well as economic growth. It also draws attention to the impact of R & D on economic growth in internal growth models. It is important to adopt a continuous understanding of innovation in achieving sustainable economic growth. The development of innovative production systems is key to ensuring efficiency, economic growth and prosperity. In this context, the relationship between R & D and economic growth in the 15 countries that the IMF described as the rising market economy of the IMF was tested by using panel data analysis between 1996-2015. As a result of the analysis, a positive relationship was found between the expenditures made on R & D and economic growth in 15 emerging market economies, and it was also learned that there was a mutual bi-directional causality between the two variables.

Özet

Bilim ve teknolojik alanlarında ortaya çıkan yenilikler ekonomik gelişme ve büyümenin iticigüçlerinden biridir. Ar-Ge faaliyetlerine yapılan yatırımlar ekonomik büyümenin yanında rekabetdüzeyinin de artmasında etkilidir. İçsel büyüme modellerinde de Ar-Ge’nin ekonomik büyümeüzerinde olan etkisine dikkat çekilmektedir. Sürdürülebilir bir ekonomik büyümeningerçekleştirilebilmesinde sürekli yenilik anlayışının benimsenmesi önemlidir. Yenilikçi üretimsistemlerinin geliştirilmesi verimlilik, ekonomik büyüme ve refah artışının sağlanmasında anahtargörevi üstlenmektedir. Bu kapsamda, çalışmada IMF’nin yükselen piyasa ekonomisi olaraknitelendirdiği 15 ülkede Ar-Ge ve ekonomik büyüme arasındaki ilişki 1996-2015 yılları arası içinpanel veri analizi kullanılarak test edilmiştir. Analiz sonucunda, 15 yükselen piyasa ekonomisindeAr-Ge’ye yapılan harcamalarla ekonomik büyüme arasında pozitif yönlü bir ilişki bulunmuş, ayrıcaiki değişken arasında karşılıklı olarak çift yönlü nedensellik olduğu bilgisine ulaşılmıştır.

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Cite This Article

İSPİROĞLU, F., KILIÇ, M. (2022). Research-Development Expenditures and Economic Growth Relationship: An Applicatıon for Economies Rise Markets. Anemon Muş Alparslan Üniversitesi Sosyal Bilimler Dergisi, Cilt: 7 - Sayı: 2, 255–263. https://ajindex.com/articles/440083

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