Research Article

A SUB-SECTORAL APPROACH ON THE NEXUS BETWEEN R&D AND VALUE-ADDED IN OECD COUNTRIES

Volume: 16 Number: 1 May 2, 2020
TR EN

A SUB-SECTORAL APPROACH ON THE NEXUS BETWEEN R&D AND VALUE-ADDED IN OECD COUNTRIES

Abstract

Current study aims to investigate the impact of R&D expenditures on added values of manufacturing sub-sectors in OECD countries. Data employed spans 1998-2015. Cointegration tests validate long-run relationship for each model. Long-run coefficient estimates show R&D elasticities of added values are 0.3 and 0.4 for ‘food, beverages, and tobacco’; 0.7 and 0.8 for ‘machinery and transportation equipment’; 0.5 and 0.6 for ‘medium and high-tech industry’; -0.30 and -0.31 for ‘textiles and clothing’; and 0.4 and 0.35 for ‘chemicals’. Lastly, causality tests reveal a causality from R&D expenditures to value-added of ‘food, beverages, and tobacco’ sub-sector.

Keywords

References

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Details

Primary Language

English

Subjects

Economics

Journal Section

Research Article

Publication Date

May 2, 2020

Submission Date

July 4, 2019

Acceptance Date

March 16, 2020

Published in Issue

Year 2020 Volume: 16 Number: 1

APA
Doyar, B. V. (2020). A SUB-SECTORAL APPROACH ON THE NEXUS BETWEEN R&D AND VALUE-ADDED IN OECD COUNTRIES. Ekonomik Ve Sosyal Araştırmalar Dergisi, 16(1), 1-12. https://izlik.org/JA27MK33MU
AMA
1.Doyar BV. A SUB-SECTORAL APPROACH ON THE NEXUS BETWEEN R&D AND VALUE-ADDED IN OECD COUNTRIES. ESAD. 2020;16(1):1-12. https://izlik.org/JA27MK33MU
Chicago
Doyar, Bayram Veli. 2020. “A SUB-SECTORAL APPROACH ON THE NEXUS BETWEEN R&D AND VALUE-ADDED IN OECD COUNTRIES”. Ekonomik Ve Sosyal Araştırmalar Dergisi 16 (1): 1-12. https://izlik.org/JA27MK33MU.
EndNote
Doyar BV (May 1, 2020) A SUB-SECTORAL APPROACH ON THE NEXUS BETWEEN R&D AND VALUE-ADDED IN OECD COUNTRIES. Ekonomik ve Sosyal Araştırmalar Dergisi 16 1 1–12.
IEEE
[1]B. V. Doyar, “A SUB-SECTORAL APPROACH ON THE NEXUS BETWEEN R&D AND VALUE-ADDED IN OECD COUNTRIES”, ESAD, vol. 16, no. 1, pp. 1–12, May 2020, [Online]. Available: https://izlik.org/JA27MK33MU
ISNAD
Doyar, Bayram Veli. “A SUB-SECTORAL APPROACH ON THE NEXUS BETWEEN R&D AND VALUE-ADDED IN OECD COUNTRIES”. Ekonomik ve Sosyal Araştırmalar Dergisi 16/1 (May 1, 2020): 1-12. https://izlik.org/JA27MK33MU.
JAMA
1.Doyar BV. A SUB-SECTORAL APPROACH ON THE NEXUS BETWEEN R&D AND VALUE-ADDED IN OECD COUNTRIES. ESAD. 2020;16:1–12.
MLA
Doyar, Bayram Veli. “A SUB-SECTORAL APPROACH ON THE NEXUS BETWEEN R&D AND VALUE-ADDED IN OECD COUNTRIES”. Ekonomik Ve Sosyal Araştırmalar Dergisi, vol. 16, no. 1, May 2020, pp. 1-12, https://izlik.org/JA27MK33MU.
Vancouver
1.Bayram Veli Doyar. A SUB-SECTORAL APPROACH ON THE NEXUS BETWEEN R&D AND VALUE-ADDED IN OECD COUNTRIES. ESAD [Internet]. 2020 May 1;16(1):1-12. Available from: https://izlik.org/JA27MK33MU

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