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

Cilt: 16 Sayı: 1 2 Mayıs 2020
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A SUB-SECTORAL APPROACH ON THE NEXUS BETWEEN R&D AND VALUE-ADDED IN OECD COUNTRIES

Öz

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.

Anahtar Kelimeler

Kaynakça

  1. Acosta, M., Coronado, D., & Romero, C. (2015). Linking public support, R&D, innovation and productivity: New evidence from the Spanish food industry. Food Policy, 57, 50-61.
  2. Asteriou, D., & Hall, S. G. (2011). Applied Econometrics. Macmillan International Higher Education.
  3. Bozkurt, C. (2015). R&D expenditures and economic growth relationship in Turkey. International Journal of Economics and Financial Issues, 5(1), 188-198.
  4. Bravo-Ortega, C., & Marin, A. G. (2011). R&D and productivity: A two way avenue?. World Development, 39(7), 1090-1107.
  5. Choi, C., & Yi, M. H. (2018). The Internet, R&D expenditure and economic growth. Applied Economics Letters, 25(4), 264-267.
  6. Choi, I. (2001). Unit root tests for panel data. Journal of international money and Finance, 20(2), 249-272.
  7. Comanor, W. S., & Scherer, F. M. (1969). Patent statistics as a measure of technical change. Journal of political economy, 77(3), 392-398.
  8. Crépon, B., Duguet, E., & Mairesse, J. (1998). Research, Innovation and Productivity: An Econometric Analysis at the Firm Level. Economics of Innovation and new Technology, 7(2), 115-158.

Ayrıntılar

Birincil Dil

İngilizce

Konular

Ekonomi

Bölüm

Araştırma Makalesi

Yayımlanma Tarihi

2 Mayıs 2020

Gönderilme Tarihi

4 Temmuz 2019

Kabul Tarihi

16 Mart 2020

Yayımlandığı Sayı

Yıl 2020 Cilt: 16 Sayı: 1

Kaynak Göster

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 (01 Mayıs 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, c. 16, sy 1, ss. 1–12, May. 2020, [çevrimiçi]. Erişim adresi: 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 (01 Mayıs 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, c. 16, sy 1, Mayıs 2020, ss. 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]. 01 Mayıs 2020;16(1):1-12. Erişim adresi: https://izlik.org/JA27MK33MU

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