AR-GE HARCAMALARI İLE BÜYÜME ARASINDAKİ İLİŞKİ: TÜRKİYE ÜZERİNE BİR DEĞERLENDİRME
RELATIONSHIP BETWEEN R&D EXPENDITURES AND ECONOMIC GROWTH: AN EVALUATION ON TURKEY
Author(s): Deniz Dilara Dereli, Uğur SALĞARSubject(s): Economy, National Economy
Published by: Rating Academy
Keywords: R&D Expenditures; Growth; Cointegration Analysis; Causality Analysis;
Summary/Abstract: By R&D activities carried out under newly-emerging economic conditions stimulated by the globalization process, it is possible to increase the production of high value added products. For this reason, the shares allocated for R&D and expenditures are considered as an important factor in the realization and acceleration of growth. In this study, the relationship between R&D expenditures and growth in Turkey is analysed. For this purpose, the R&D expenditures during the period 1990-2015 and gross domestic production in Turkey are comparatively evaluated. In the long term, the cointegration relationship between R&D expenditures and growth is determined by Johansen Cointegration Analysis. Also a mutual causality relationship is demonstrated between R&D expenditures and growth.
Journal: Journal of Life Economics
- Issue Year: 6/2019
- Issue No: 3
- Page Range: 345-360
- Page Count: 16
- Language: Turkish