R&D Activities of the Relationship between Economic Growth and Relations of Distribution: The Case of Turkey
Journal: Efil Ekonomi Araştırmaları Dergisi (Vol.4, No. 14)Publication Date: 2021-06-15
Authors : Semih Çağan Osman Aydoğuş;
Page : 9-32
Keywords : Internal Growth Theories; Innovation; Innovation Indicators; R & D Activities; Economic Growth; Hacker and Hatemi-J Causality Test.;
Abstract
The effects of R&D activities on economic growth and distribution relations have been studied for a long time. In particular, R&D activities occupy an important place in the economic growth literature. R&D activities are the basis of technological development. The effect of technological improvements from R&D studies in economic growth relations on income distribution has an important issue in contemporary economic discussion. The driving force of discussion is the rise of income inequality worldwide during the neo-liberal era. This study aims to examine whether R&D activities have an impact on economic growth and distribution relations. R&D expenditures, R&D intensity, R&D human resources and patent numbers, which are indicators of R&D activities, and Gini coefficient, which is an indicator of real GDP and distributional relations, are taken as variables. The relationship between the variables was analyzed with Hacker and Hatemi-J bootstrap causality test by establishing an econometric model.
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Last modified: 2021-09-24 23:34:00