@article{article_890388, title={Investigation of the Effect of R&D, Education and Health Expenditures on Economic Growth by Panel Data Analysis Method}, journal={Sosyoekonomi}, volume={29}, pages={95–108}, year={2021}, DOI={10.17233/sosyoekonomi.2021.04.05}, author={Gökkaya, Durmuş and Şenol, Osman and Çıraklı, Ümit}, keywords={Ar-Ge, Ekonomik Büyüme, Eğitim Harcaması, Sağlık Harcaması, Panel Veri Analizi}, abstract={This study aims to reveal the effects of R&D, education, and health expenditures on economic development. For this purpose, the study examines the 2000-2019 data of 45 countries in the middle-upper-income and high-income country groups by panel data analysis method. Errors encountered in panel data basic assumption tests were corrected with Driscoll-Kraay standard errors. As a result, it has been determined that a one-unit increase in education and health expenditures contributes more to economic growth than one unit. In contrast, R&D expenditures have a minor positive effect on economic growth in the short run but more in the long run.}, number={50}, publisher={Sosyoekonomi Derneği}