An Empirical Study on The Relationship of Research Development Expenditures and Economic Growth in Turkey
Abstract views: 128
/ 
PDF downloads: 77
DOI:
https://doi.org/10.5281/zenodo.7497234Keywords:
Research Development Expenditures, Economic Growth, Turkey, Cointegration TestAbstract
The importance of research and development expenditures, which play a key role in ensuring economic growth, emerged with the endogenous growth models that became popular after the 1980s. In this context, in this study, the long-term relationship between research and development expenditures and economic growth was examined with the border (ARDL) test for Turkey's 1990- 2019 period. As a result of the test, it was found that there is a long-term cointegration relationship between the variables in question and that research and development expenditures make a positive contribution to economic growth.
References
Aghio, P. ve Howitt, P. (1992), “A Model of Growth Through Creative Destruction”, Econometrica, 60(2), 323-331.
Ağır, H. ve Utlu, S. (2011), “Ar-Ge Harcamaları ile Ekonomik Büyüme Arasındaki Nedensellik İlişkileri: OECD Ülkeleri Örneği”, Uluslararası 9. Bilgi, Ekonomi ve Yönetim Kongresi Bildirileri Kitabı, Z. Parlak ve İ. G. Yumuşak (Ed.), 23- 25 Haziran, Saraybosna.
Akıncı, E. ve Sevinç, H. (2013) “Ar&Ge Harcamaları İle Ekonomik Büyüme Arasındaki İlişki: 1990 – 2011 Türkiye Örneği”, Uluslararası Sosyal Araştırmalar Dergisi, 6(27), 7-17.
Alper, A. E. (2018). Türkiye’de Patent, Ar-Ge Harcamaları, İhracat ve Ekonomik Büyüme Arasındaki İlişki: Bayer-Hanck Eş Bütünleşme Analizi. In ICPESS (International Congress on Politic, EconomicandSocialStudies) (No. 3).
Altın, O. ve Kaya, A. (2009), “Türkiye’de Ar-Ge Harcamaları ve Ekonomik Büyüme Arasındaki Nedensel İlişkinin Analizi”, Ege Akademik Bakış, 9(1), 251-259.
Brown, R. L.;Durbin, J. ve Evans, J. M. (1975). “TechniquesforTestingtheConstancy of RegressionRelationshipsOver Time”, Journal of theRoyal Statistical Society: Series B (Methodological), 37(2):149–163.
Coe, D.T. ve Helpman, E. (1995), “International R&D Spillovers”, EuropeanEconomicReview, 39, 859-887.
Falk, M. (2007), “R&D Spending in the High-TechSectorandEconomicGrowth”, Research in Economics, 61, 140-147.
Freire-Seren, M.J. (2001), “R&D Expenditure in an EndogenousEconomicGrowth”, Journal of Economics, 74(1), 39-62.
Goel, R.K ve Ram, R. (1994), “Researchand Development ExpendituresandEconomicGrowth: A Cross Country Study”, Economic Development andCulturalChange, 42, 403-411.
Grossman, G.M. ve Helpman, E. (1991), InnovationandGrowth in the Global Economy, Cambridge Mass: MIT Press.
Guellec, D. ve Potterie, B.P. (2001), “R&D and Productivity Growth: Panel Data Analysis of 16 OECD Countries”, OECD EconomicStudies, No. 33, 2001/II, 103-126.
Gülmez, A. ve Yardımcıoğlu, F. (2012), “OECD Ülkelerinde ARGE Harcamaları ve Ekonomik Büyüme İlişkisi: Panel Eşbütünleşme ve Panel Nedensellik Analizi (1990-2010)”, Maliye Dergisi, Sayı: 163.
Jones, C.I. (1995), “R&D-BasedModels of EconomicGrowth” Journal of PoliticalEconomy”, 103(4), 759-84.
Korkmaz, S. (2010) “Türkiye’de Ar-Ge Yatırımları ve Ekonomik Büyüme Arasındaki İlişkinin Var εodeli İle Analizi”, Journal of Yasar University 20(5), 320-330.
Lichtenberg, F. R. (1993), “R&D Investmentand International Productivity Differences”, NBER WorkingPaper Series, Vol.W4161.
Lucas, R.E. (1988), “On Mechanism of Economic Development”, Journal of MonetaryEconomics, 22(1), 3-42.
Özcan, B., ve Arı, A. (2014). Araştırma-geliştirme harcamaları ve ekonomik büyüme ilişkisi: panel veri analizi. Maliye Dergisi, 166(1), 39-55.
Pesaran, M. H.,Shin, Y. Ve Smith, R. J. (2001). “BoundsTestingApproachestothe Analysis of Level Relationships”, Journal of AppliedEconometrics, 16(3): 289–326.
Romer, P.M. (1986), “IncreasingReturnsandLong-Run Growth”, Journal ofPoliticalEconomy, 94(5), 1002-1037.
Romer, P.M. (1990), “EndogenousTechnonogicalChange”, Journal of PoliticalEconomy, 98(5), 71-102.
Schumpeter, J.A. (1942) Capitalism, SocialismandDemocracy, NewYork: HarperandBrothers.
Solow, R.E. (1956) “A ContributiontotheTheory of EconomicGrowth”, QuarterlyJournal of Economics, 70(1), 65-94.
Swan, T.W. (1956), “EconomicGrowthandCapitalAcunulation”, EconomicRecord, 32(2), 334-361.
Sylwester, K. (2001), “R&D andEconomicGrowth”, Knowledge, Technology&Policy, 13(4), 71-84.
Şebnem, T. A. Ş., Taşar, İ., ve Yunus, A. Ç. C. I. (2017). Ar-Ge harcamaları ve ekonomik büyüme arasındaki ilişki: Türkiye örneği. Ömer Halisdemir Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 10(2), 178-187.
Taban, S.,veŞengür, M. (2014). Türkiye’de Ar-Ge ve ekonomik büyüme. Abant İzzet Baysal Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, Cilt:14, Yıl:14, Sayı:1, 14: 355-376.
Yaylalı, M., Akan, Y. ve Işık, C. (2010), “Türkiye’de ARGE Yatırım Harcamaları ve Ekonomik Büyüme Arasındaki Eşbütünleşme ve Nedensellik İlişkisi: 1990- 2009”, TheJournal of Knowledge Economy& Knowledge Management, V(II), 13-26.
Zhang, L.,Song, W., ve He, J. (2012). EmpiricalResearch on theRelationshipBetweenScientificInnovationandEconomicGrowth in Beijing. Technology&Investment, 3(3), 168-173.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2021 Journal of Academic Opinion
This work is licensed under a Creative Commons Attribution 4.0 International License.
