The Impacts of Accumulation of R&D Capital on Total Factor Productivity: Case of Turkey

Abstract

In this study, the cointegration relationship between R&D capital stock and total factor productivity TFP is analyzed by applying ARDL method in period of 1990-2013 years in Turkey. The relations of TFP with R&D capital stock were separately examined by dividing into its components state, private, and university . The effects of R&D capital stocks on TFP are directly and indirectly examined. In this study, direct effect is preferred. According to findings, none of components of R&D capital stock do not have statistically significant effects on TFP during the period of investigation.

Keywords

• TFP, R&D Capital, R&D

Ar-Ge Sermaye Birikiminin Toplam Faktör Verimliliğine Etkisi: Türkiye Örneği

Abstract

Bu çalışmada 1990-2013 yılları arasında Türkiye’de Ar-Ge sermaye birikimi ve Toplam Faktör Verimliliği TFV arasındaki eş-bütünleşme ilişkisi ARDL sınır testi yöntemiyle incelenmiştir. TFV’nin Ar-Ge sermaye birikimiyle ilişkisi, Ar-Ge sermaye stokunun bileşenlerine ayrılarak tek tek incelenmiştir. Ar-Ge sermaye birikiminin TFV üzerindeki etkisi doğrudan ve dolaylı olarak incelenmekte olup, bu çalışmada “doğrudan Ar-Ge etkisi” tercih edilmiştir. Elde edilen bulgulara göre inceleme dönemi içinde Ar-Ge sermaye birikimi bileşenlerinden hiçbirinin TFV üzerinde istatistiksel olarak anlamlı bir etkisi bulunamamıştır.

Keywords

• TFV, Ar-Ge Sermayesi, Ar-Ge

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