The Role of Knowledge on the Economic Growth Performance of Türkiye, 1960-2019

Year 2024, Volume: 8 Issue: 1, 244 - 255, 28.01.2024

Fatma Muazzez Utku İsmihan

https://doi.org/10.25295/fsecon.1393482

Abstract

In recent decades, there has been a notable shift in the global economy towards a knowledge-based economic framework. This transformation has been influenced by many key factors, sometimes referred to as pillars of knowledge. These pillars encompass human capital, research and development (R&D), information and communication technologies (ICTs), and foreign trade. This study examines the influence of knowledge on the economic growth performance of Türkiye from 1960 to 2019. It employs a production function framework and utilizes the Autoregressive Distributed Lag (ARDL) technique. This study additionally presents a knowledge index as a means to assess several dimensions of knowledge in a unified form. The empirical results indicate that higher level of knowledge has had a positive impact on the growth rate of Turkish economy over the sample period.

Keywords

Knowledge, Knowledge Index, Productivity, Economic Growth

Bilginin Türkiye Ekonomisinin Büyümesi Üzerindeki Rolü, 1960-2019

Abstract

Son yıllarda küresel ekonomide bilgiye dayalı ekonomik çerçeveye doğru kayda değer bir dönüşüm yaşandı. Bu dönüşüm, bazen bilgi sütunları olarak da adlandırılan birçok temel faktörden etkilenmiştir. Söz konusu sütunlar insan sermayesini, araştırma ve geliştirmeyi (Ar-Ge), bilgi ve iletişim teknolojilerini (BİT'ler) ve dış ticareti kapsamaktadır. Bu çalışma, 1960'tan 2019'a kadar olan dönemde bilginin Türkiye'nin ekonomik büyüme performansı üzerindeki etkisini incelemektedir. Çalışmada üretim fonksiyonu modeli ve ARDL tekniği kullanılmaktadır. Bu çalışma ayrıca bilginin farklı boyutlarını birleşik bir biçimde değerlendirmenin bir yolu olarak bir bilgi endeksi sunmaktadır. Ampirik sonuçlar, daha yüksek bilgi düzeyinin, örneklem döneminde Türkiye ekonomisinin büyüme oranı üzerinde olumlu bir etkisi olduğunu göstermektedir.

Keywords

Bilgi, Bilgi Endeksi, Verimlilik, Ekonomik Büyüme

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