Does public RandD expenditure matter for economic growth? GMM approach
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F17%3A00010952" target="_blank" >RIV/47813059:19520/17:00010952 - isvavai.cz</a>
Result on the web
<a href="http://www.jois.eu/files/06_222_Irena%20Szarowska.pdf" target="_blank" >http://www.jois.eu/files/06_222_Irena%20Szarowska.pdf</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.14254/2071-8330.2017/10-2/6" target="_blank" >10.14254/2071-8330.2017/10-2/6</a>
Alternative languages
Result language
angličtina
Original language name
Does public RandD expenditure matter for economic growth? GMM approach
Original language description
The aim of the paper is to quantify the impact of public research and development (RandD) expenditure on economic growth. The empirical evidence focuses on the 20 selected EU member states in the period of 1995-2013. The research is based on a dynamic panel regression model (Generalized Method of Moments). The results confirm positive and statistically significant impact of government RandD expenditure, which is the main driver for economic growth during the analysed period. Contrary, business expenditure on the same is found to be insignificant. Traditional growth variables (higher share of qualified human resources and higher intensity of investments) report the positive effects, although in the case of investments - only partial one. The significance for RandD coefficient remains robust to different sub-periods.
Czech name
—
Czech description
—
Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
—
OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
—
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Journal of International Studies
ISSN
2071-8330
e-ISSN
—
Volume of the periodical
10
Issue of the periodical within the volume
2
Country of publishing house
PL - POLAND
Number of pages
14
Pages from-to
90-103
UT code for WoS article
—
EID of the result in the Scopus database
2-s2.0-85029916210