Impact of R&D Expenditures on Labour Productivity Growth

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F18%3A43898955" target="_blank" >RIV/60076658:12510/18:43898955 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Impact of R&D Expenditures on Labour Productivity Growth
Original language description
The expenditures of research and development is nowadays key determinant of economic growth and productivity. The aim of the paper is to assess impact of research and development expenditures on labour productivity growth. The article is focused on the EU countries and the observed data are from the period 2004-2016. The results of the analysis show that the highest expenditure of R&D (% GDP) have the old member states EU. The new member states EU have the highest growth rate of expenditures on R&D. The share of R&D expenditures is different across the EU Member States, ranging from 3.25% of GDP to 0.44% of GDP in 2016. The convergence (σ –convergence, β-convergence) of R&D expenditures in the EU countries has not been confirmed in period 2004 and 2017. A significant relationship was found between R&D and labour productivity only in some countries. Many factors influence this relationship as a time lag or R&D orientation.
Czech name
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Czech description
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Publication year
2018
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of the 12th International Scientific Conference INPROFORUM. Innovations, Enterprises, Regions and Management
ISBN
978-80-7394-726-2
ISSN
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e-ISSN
neuvedeno
Number of pages
6
Pages from-to
387-392
Publisher name
Jihočeská univerzita v Českých Budějovicích, Ekonomická fakulta
Place of publication
České Budějovice
Event location
České Budějovice
Event date
Nov 1, 2018
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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