TY  - JOUR
TT  - Positive and Negative Effects of Research and Development
AU  - Shaari, Mohd Shahidan
AU  - Abdullah, Diana Nabila Chau
AU  - Binti Alias, Nur Salimah
AU  - Adnan, Nor Syamimi Mohamed
PY  - 2016
DA  - December
JF  - International Journal of Energy Economics and Policy
JO  - IJEEP
PB  - İlhan ÖZTÜRK
WT  - DergiPark
SN  - 2146-4553
SP  - 767
EP  - 770
VL  - 6
IS  - 4
KW  - Research and Development
KW  - Economic Growth
KW  - Carbon Dioxide Emission
N2  - This study aims to examine the effects of research and development expenditure on economic growth and carbon dioxide emission in the panel data for the period of 1996-2011 from 5 nations (Germany, Russian Federation, United Kingdom, United States and Canada). The panel co-integration was conducted and the results show that there is co-integrated relationship among the variables (R&D, GDP, Energy Use and Carbon Dioxide Emission). Then the FMOLS test was performed and the findings explain that energy use and R&D are the determinants of GDP. Results from FMOLS show that energy use and R&D are the determinants of GDP. Energy use and GDP are the determinants of carbon dioxide emission. Results from DOLS show that R&D is important to boost economic growth while energy use, GDP and R&D can have deleterious effects on carbon dioxide emission. Therefore, it is important to control the R&D expenditure to balance economic growth and environmental conservation.
UR  - https://dergipark.org.tr/en/pub/ijeeep/issue//351138
L1  - https://dergipark.org.tr/en/download/article-file/361679
ER  -