Does public RandD expenditure matter for economic growth? GMM approach

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

Does public RandD expenditure matter for economic growth? GMM approach

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

Does public RandD expenditure matter for economic growth? GMM approach

Popis výsledku anglicky

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.

Druh

J_SC - Článek v periodiku v databázi SCOPUS

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2017

Kód důvěrnosti údajů

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

Název periodika

Journal of International Studies

ISSN

2071-8330

e-ISSN

—

Svazek periodika

10

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

PL - Polská republika

Počet stran výsledku

14

Strana od-do

90-103

Kód UT WoS článku

—

EID výsledku v databázi Scopus

2-s2.0-85029916210