Research Article

R&D and Productivity in Manufacturing Industry for OECD Countries

Volume: 5 Number: 1 June 26, 2021
TR EN

R&D and Productivity in Manufacturing Industry for OECD Countries

Abstract

This paper investigates the effect of R&D expenditures of the manufacturing industry on the productivity of the manufacturing industry for OECD countries. In this study, different from the previous studies, the share of manufacturing value-added in total value added is utilized instead of productivity of the manufacturing industry. The main independent variable is the share of manufacturing R&D expenditure in total R&D expenditure. The main aim of this study is to question the R&D and productivity relation on the basis of share increase. Due to the percentage nature of the variables, unlike other studies, the panel Tobit model is used. Also, autocorrelation and heteroscedasticity problems corrected by applying the dynamic jackknife procedure. The findings indicate that “the value-added share of the manufacturing industry in total” increases by 1.8% if “the share of R&D expenditures of the manufacturing industry in total” is doubled.

Keywords

References

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  6. Cameron, A. C. and Trivedi, P. K., 2005. Microeconometrics Methods and Applications, Cambridge University Press.
  7. Crépon, B., Duguet, E. and Mairesse, J., 1998. Research, Innovation and Productivity: An Econometric Analysis At The Firm Level. Economics of Innovation and new Technology, 7(2), 115-158.
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Details

Primary Language

English

Subjects

Economics

Journal Section

Research Article

Publication Date

June 26, 2021

Submission Date

May 17, 2021

Acceptance Date

June 7, 2021

Published in Issue

Year 2021 Volume: 5 Number: 1

APA
Çetin, D., & Doyar, B. V. (2021). R&D and Productivity in Manufacturing Industry for OECD Countries. Politik Ekonomik Kuram, 5(1), 42-51. https://doi.org/10.30586/pek.938221
AMA
1.Çetin D, Doyar BV. R&D and Productivity in Manufacturing Industry for OECD Countries. Politik Ekonomik Kuram. 2021;5(1):42-51. doi:10.30586/pek.938221
Chicago
Çetin, Dilek, and Bayram Veli Doyar. 2021. “R&D and Productivity in Manufacturing Industry for OECD Countries”. Politik Ekonomik Kuram 5 (1): 42-51. https://doi.org/10.30586/pek.938221.
EndNote
Çetin D, Doyar BV (June 1, 2021) R&D and Productivity in Manufacturing Industry for OECD Countries. Politik Ekonomik Kuram 5 1 42–51.
IEEE
[1]D. Çetin and B. V. Doyar, “R&D and Productivity in Manufacturing Industry for OECD Countries”, Politik Ekonomik Kuram, vol. 5, no. 1, pp. 42–51, June 2021, doi: 10.30586/pek.938221.
ISNAD
Çetin, Dilek - Doyar, Bayram Veli. “R&D and Productivity in Manufacturing Industry for OECD Countries”. Politik Ekonomik Kuram 5/1 (June 1, 2021): 42-51. https://doi.org/10.30586/pek.938221.
JAMA
1.Çetin D, Doyar BV. R&D and Productivity in Manufacturing Industry for OECD Countries. Politik Ekonomik Kuram. 2021;5:42–51.
MLA
Çetin, Dilek, and Bayram Veli Doyar. “R&D and Productivity in Manufacturing Industry for OECD Countries”. Politik Ekonomik Kuram, vol. 5, no. 1, June 2021, pp. 42-51, doi:10.30586/pek.938221.
Vancouver
1.Dilek Çetin, Bayram Veli Doyar. R&D and Productivity in Manufacturing Industry for OECD Countries. Politik Ekonomik Kuram. 2021 Jun. 1;5(1):42-51. doi:10.30586/pek.938221

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