The Relationship Between Research & Development Expenditures and Economic Growth: Panel Data Analysis

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dc.contributor.authorOzcan, Burcu
dc.contributor.authorAri, Ayse
dc.date.accessioned2026-08-12T17:08:42Z
dc.date.issued2014
dc.departmentFırat Üniversitesi
dc.description.abstractResearch and development activity (R&D) as an impulsive force of economic growth has a leading role in the economic structures of countries. The endonegous growth theories that have gained popularity since 1980s have highlighted the importance of R&D in the economic growth process. In this study, the relationship between R&D and economic growth is analyzed for the selected 15 OECD countries from 1990 to 2011 within the framework of panel data model. The results of whole panel set indicate that R&D affects economic growth positively. As a policy implication, countries aiming to accelerate the life standard and economic growth must emphasize R&D investments.
dc.identifier.endpage55
dc.identifier.issn1300-3623
dc.identifier.issue166
dc.identifier.orcid0000-0002-8485-5932
dc.identifier.startpage39
dc.identifier.urihttps://hdl.handle.net/11508/50190
dc.identifier.wosWOS:000420281900004
dc.identifier.wosqualityQ4
dc.indekslendigikaynakWeb of Science
dc.language.isotr
dc.publisherMaliye Bakanligi
dc.relation.ispartofMaliye Dergisi
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_WoS_20260511
dc.subjectR&D
dc.subjectEconomic Growth
dc.subjectNew Growth Theories
dc.subjectPanel Data Model
dc.titleThe Relationship Between Research & Development Expenditures and Economic Growth: Panel Data Analysis
dc.typeArticle

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