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

Kód výsledku v 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>

Výsledek na webu

<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

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Jazyk výsledku

angličtina

Název v původním jazyce

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

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

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

Popis výsledku anglicky

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.

Druh

J_SC - Článek v periodiku v databázi SCOPUS

CEP obor

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OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2017

Kód důvěrnosti údajů

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

Název periodika

Journal of Applied Economic Sciences

ISSN

1843-6110

e-ISSN

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Svazek periodika

12

Číslo periodika v rámci svazku

3(49)

Stát vydavatele periodika

RO - Rumunsko

Počet stran výsledku

11

Strana od-do

839-849

Kód UT WoS článku

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EID výsledku v databázi Scopus

2-s2.0-85031294145