Effects of R&D and innovation on income in EU countries: new generation panel cointegration and causality analysis

Autor: Ismet GOCER, Sedat ALATAS, Osman PEKER
Jazyk: angličtina
Rok vydání: 2016
Předmět:
Zdroj: Theoretical and Applied Economics, Vol XXIII, Iss 4, Pp 153-164 (2016)
Druh dokumentu: article
ISSN: 1841-8678
1844-0029
Popis: The purpose of this study is to examine the effects of research-development expenditures and innovation on income using new generation panel data analysis for 11 EU countries. We found that that if research-development expenditures and innovation goes up by 1%, income, on average, raises by 0.19% and 4.05%, respectively.
Databáze: Directory of Open Access Journals