Araştırma Makalesi

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

Cilt: 8 Sayı: 1 28 Ocak 2024
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The Role of Knowledge on the Economic Growth Performance of Türkiye, 1960-2019

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

Kaynakça

  1. Aghion, P. & Howitt, P. (1992). A Model of Growth Through Creative Destruction. Econometrica, 60(2), 323-351.
  2. Aghion, P. & Howitt, P. (2008). Endogenous Growth Theory. Cambridge, MA: MIT Press.
  3. Alesina, A. & Perotti, R. (1996). Income Distribution, Political Instability, and Investment. European Economic Review, 40, 1203-1228.
  4. Arrow, K. J. (1962). The Economic Implication of Learning by Doing. Review of Economic Studies, 62, 155-173.
  5. Barro, R. J. & Sala-i Martin, X. (1990). Economic Growth. New York: McGraw-Hill.
  6. Cameron, G., Proudman, J. & Redding, S. (2005). Technological Convergence, R&D, Trade and Productivity Growth. European Economic Review, 49, 775-807.
  7. Harhoff, D. (1998). Are There Financing Constraints for R&D and Investment in German Manufacturing Firms?. Annales d’Economie et de Statistique, 49/50, 421-456.
  8. Chen, D. H. C. & Dahlman C. J. (2004). Knowledge and Development: A Cross-Section Approach. World Bank Research Working Paper 3366, August 2004.

Ayrıntılar

Birincil Dil

İngilizce

Konular

Uygulamalı Makro Ekonometri , Büyüme

Bölüm

Araştırma Makalesi

Yayımlanma Tarihi

28 Ocak 2024

Gönderilme Tarihi

20 Kasım 2023

Kabul Tarihi

11 Ocak 2024

Yayımlandığı Sayı

Yıl 2024 Cilt: 8 Sayı: 1

Kaynak Göster

APA
Utku İsmihan, F. M. (2024). The Role of Knowledge on the Economic Growth Performance of Türkiye, 1960-2019. Fiscaoeconomia, 8(1), 244-255. https://doi.org/10.25295/fsecon.1393482
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