SavedAdd your journal

Journals / Ege Akademik Bakış Dergisi / 2009 / Cilt: 9 - Sayı: 1

ANALYSIS OF THE CASUAL RELATIONSHIP BETWEEN R&D EXPENDITURES AND ECONOMIC GROWTH FOR TURKEY

TÜRKİYE’DE AR-GE HARCAMALARI VE EKONOMİK BÜYÜME ARASINDAKİ NEDENSEL İLİŞKİNİN ANALİZİ

Onur ALTIN
A. Ayşen KAYA
Pages
251–259
Publication Date
2009-02-01
DOI
—
🏛️Bibliographic metadata and full text access for this article are provided via DergiPark.
DergiPark Record ↗
✨

AI Summary & Key Takeaways

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

As a result of this study, in the short-run there is no relationship between R&D expenditures and economic growth found any other direction; however, in the long-run result that R&D expenditures causes economic growth has been reached

📌 3 Key Takeaways

🎯
Objective & Hypothesis:R&D expenditures – growth relation had been broadly mentioned in endogenous growth model; however, existence and direction of this relationship has begun to be discussed in recent studies.
📊
Key Findings & Data:In this study R&D expenditures – growth relation has been analyzed on the context of causality and VEC (Vector Error Correction) model has been choosen as methodology.
💡
Conclusion & Impact:As a result of this study, in the short-run there is no relationship between R&D expenditures and economic growth found any other direction; however, in the long-run result that R&D expenditures causes economic growth has been reached
🔬Design:Modeling & Simulation
📍Scope:Comprehensive Sample
⚙️Variables:AR-GE harcamaları · ekonomik büyüme · VEC modeli

Abstract

R&D expenditures – growth relation had been broadly mentioned in endogenous growth model; however, existence and direction of this relationship has begun to be discussed in recent studies. In this study R&D expenditures – growth relation has been analyzed on the context of causality and VEC (Vector Error Correction) model has been choosen as methodology. As a result of this study, in the short-run there is no relationship between R&D expenditures and economic growth found any other direction; however, in the long-run result that R&D expenditures causes economic growth has been reached

Özet

AR-GE harcamaları - büyüme ilişkisine içsel büyüme modellerinde geniş bir şekilde değinilmiş fakat bu ilişkinin varlığı ve bu ilişkinin yönü son zamanlarda yapılan çalışmalarda tartışılmaya başlanmıştır. Bu çalışmada Türkiye için AR-GE harcamaları – büyüme ilişkisi nedensellik bağlamında analiz edilmiştir. Bunun için yöntem olarak VEC (Vector Error Correction) modeli seçilmiştir. Çalışma sonucu kısa dönemde AR-GE harcamaları – ekonomik büyüme ilişkisi herhangi bir yönde bulunamamış, ancak uzun dönemde AR-GE harcamalarının ekonomik büyümenin nedeni olduğu sonucuna ulaşılmıştır

🔖

Cite This Article

ALTIN, O., KAYA, A. A. (2009). ANALYSIS OF THE CASUAL RELATIONSHIP BETWEEN R&D EXPENDITURES AND ECONOMIC GROWTH FOR TURKEY. Ege Akademik Bakış Dergisi, Cilt: 9 - Sayı: 1, 251–259. https://ajindex.com/articles/752286

📄 Full Text PDF Viewer

📄

PDF görüntüleyici hazırlanıyor...

References (8)

  1. AGHION P., and HOWIT P.(1998)
  2. Endogenous Growth Teory, The MIT Pres, Cambrige. ENGLE, R.F. and GRANGER, C.W. (1987). “Co-integration and Error Correction: Representation, Estimation and Testing”, Econometrica, Vol. 55, ss. 251-276.
  3. GRANGER, C.W.J. (1988) "Some Recent Developments in a Concept of Causality", Journal of Econometrics, Vol.39. GRIFFITH, R. (2000), “How Important Is Business R&D for Economic Growth and Should the Government Subsidise It?”, IFS Briefing Notes, no:12. GROSSMAN, G.M. and HELPMAN, E. (1991), “Innovation and Growth in the Economy” MIT Press.
  4. JONES, C., (1998),
  5. Introduction Economic Growth, W.W.Norton &Company Inc., NewYork. OECD, (2003), Developments in Growth Literature and Their Relevance for Simulation Models, http://www.oecd.org/dataoecd/4/6/12549919.pdf, Erişim: 21.04.2008.
  6. OECD (2006)
  7. Outlook. SALA-I MARTIN, X.,(1990) “Lecture Notes on Economic Growth (II): Five Prototype Models of Endogenous Growth, http://papers.nber.org/papers/w3564, Erişim: 21.04.2008. Türkiye İstatistik Kurumu, http://www.tuik.gov.tr/VeriBilgi.do?tb_id=8&ust_id=2
  8. TAŞ, R. (2005), “AR-GE Yoğunluğu- Rekabet Gücü İlişkisi Açısından Türkiye – AB Karşılaştırmalı Analizi”, Maliye Sempozyumu Pamukkale Üniversitesi, Denizli.