Research-Development Expenditures and Economic Growth Relationship: An Applicatıon for Economies Rise Markets

Year 2019, Volume: 7 Issue: 2, 255 - 263, 20.03.2019

Meltem Kılıç , Ferhat İspiroğlu

https://doi.org/10.18506/anemon.429901

Cited By: 3

Abstract

Innovations in science and technology are one of the driving forces of
economic development and growth. Investments in R & D activities are
effective in increasing the level of competition as well as economic growth. It
also draws attention to the impact of R & D on economic growth in internal
growth models. It is important to adopt a continuous understanding of
innovation in achieving sustainable economic growth. The development of
innovative production systems is key to ensuring efficiency, economic growth
and prosperity. In this context, the relationship between R & D and
economic growth in the 15 countries that the IMF described as the rising market
economy of the IMF was tested by using panel data analysis between 1996-2015.
As a result of the analysis, a positive relationship was found between the expenditures
made on R & D and economic growth in 15 emerging market economies, and it
was also learned that there was a mutual bi-directional causality between the
two variables.

Keywords

R&D, Economic Growth, Panel Data Analysis

Araştırma-Geliştirme Harcamaları ve Ekonomik Büyüme İlişkisi: Yükselen Piyasalar Ekonomileri İçin Bir Uygulama

Abstract

Bilim
ve teknolojik alanlarında ortaya çıkan yenilikler ekonomik gelişme ve büyümenin
itici güçlerinden biridir. Ar-Ge faaliyetlerine yapılan yatırımlar ekonomik
büyümenin yanında rekabet düzeyinin de artmasında etkilidir. İçsel büyüme
modellerinde de Ar-Ge’nin ekonomik büyüme üzerinde olan etkisine dikkat
çekilmektedir. Sürdürülebilir bir ekonomik büyümenin gerçekleştirilebilmesinde
sürekli yenilik anlayışının benimsenmesi önemlidir. Yenilikçi üretim
sistemlerinin geliştirilmesi verimlilik, ekonomik büyüme ve refah artışının
sağlanmasında anahtar görevi üstlenmektedir. Bu kapsamda, çalışmada IMF’nin
yükselen piyasa ekonomisi olarak nitelendirdiği 15 ülkede Ar-Ge ve ekonomik
büyüme arasındaki ilişki 1996-2015 yılları arası için panel veri analizi
kullanılarak test edilmiştir. Analiz sonucunda, 15 yükselen piyasa ekonomisinde
Ar-Ge’ye yapılan harcamalarla ekonomik büyüme arasında pozitif yönlü bir ilişki
bulunmuş, ayrıca iki değişken arasında karşılıklı olarak çift yönlü nedensellik
olduğu bilgisine ulaşılmıştır.

Keywords

Ar-Ge, Ekonomik Büyüme, Panel Veri Analizi

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