The relationship between public expenditures on research and development and economic growth - example for the Czech Republic, Denmark and Slovakia

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F17%3A00010951" target="_blank" >RIV/47813059:19520/17:00010951 - isvavai.cz</a>

Result on the web

<a href="http://cesmaa.azurewebsites.net/Docs/JAES%20Summer%20XII%203(49)2017_online.pdf" target="_blank" >http://cesmaa.azurewebsites.net/Docs/JAES%20Summer%20XII%203(49)2017_online.pdf</a>

DOI - Digital Object Identifier

—

Result language

angličtina

Original language name

The relationship between public expenditures on research and development and economic growth - example for the Czech Republic, Denmark and Slovakia

Original language description

This article is devoted to the examination of public expenditures on research and development (R@D) in terms of volume, use, forms of aid and its aim is to verify the relationship between public R@D expenditures and economic growth in the Czech Republic, Denmark and Slovakia in the period 1995-2014. Empirical evidence is based primarily on data collected from the OECD database. The Johansen cointegration test is applied for analysing the long-term relationship and the Error Correction Model is added for short-term dynamics. The results of estimations have confirmed the positive long-term relationship between Gross Domestic Expenditure on R@D and economic growth in Denmark and Slovakia. Anyway, the testing of public expenditures on R@D by sectors has provided for a verified cointegration for one sector in all countries at least. Concretely, the long-term relationship has been proven for all sectors in Denmark, for government, private non-profit and higher education sectors in Slovakia a nd for the government sector in the Czech Republic.

Czech name

—

Czech description

—

Type

J_SC - Article in a specialist periodical, which is included in the SCOPUS database

CEP classification

—

OECD FORD branch

50202 - Applied Economics, Econometrics

Project

—

Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2017

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Journal of Applied Economic Sciences

ISSN

1843-6110

e-ISSN

—

Volume of the periodical

12

Issue of the periodical within the volume

3(49)

Country of publishing house

RO - ROMANIA

Number of pages

11

Pages from-to

839-849

UT code for WoS article

—

EID of the result in the Scopus database

2-s2.0-85031294145