Causality Relationship Between Total R&D Investment And Economic Growth: Evidence From United States

Öz

Anahtar Kelimeler

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TOPLAM AR&GE YATIRIMLARI İLE EKONOMİK BÜYÜME ARASINDA NEDENSELLİK İLİŞKİSİ: AMERİKA BİRLEŞİK DEVLETLERİNDEN KANIT

Öz

Bu çalışma, beş değişkenli vektör otoregressif (VAR) modeli kullanarak, 1960-2007 döneminde Amerika Birleşik Devletlerinde toplam araştırma ve geliştirme yatırımları ile ekonomik büyüme arasındaki eşbütünleşme ve nedensellik ilişkisini incelemektedir. Eşbütünleşme için Johansen - Juselius (1990), nedensellik için Toda ve Yamamoto (1995) yaklaşımları kullanılmıştır. Eşbütünleşme testi sonuçlarına göre değişkenler arasında uzun dönemli bir ilişki vardır. Toda ve Yamamoto nedensellik testi sonuçlarına göre toplam AR&GE ile ekonomik büyüme arasında iki yönlü nedensellik ilişkisi bulunmuştur

Anahtar Kelimeler

• AR&GE Yatırımları, Büyüme, Eşbütünleşme, Toda –Yamamoto Nedensellik Testi

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