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The effect of research and development (R D) expenditures on export: evidence from a panel of selected OECD countries
| Content Provider | Semantic Scholar |
|---|---|
| Author | Dumrul, Yasemin Kiliçarslan, Zerrin |
| Copyright Year | 2018 |
| Abstract | Purpose- RD namely, the Levin, Li and Chu; Im, Pesaran and Shin W-stat; Fisher-ADF and Fisher-PP. Panel FMOLS and DOLS estimators were used to obtain long run coefficients after the cointegration relation was detected. Findings- As a result of Pedroni and Kao cointegration test, it has been found that there is a long term relationship between R & D expenditures and exports. Both Panel FMOLS and Panel DOLS test results show that the sign of R & D expenditures is positively and statistically significant. According to the Panel FMOLS test results, a 1% increase in R & D expenditures leads to a 0.45% increase in exports. Similarly, according to Panel DOLS test results, 1% increase in R & D expenditures increases exports by 0.43%. Conclusion- The results showed that the effect of R & D expenditures on exports is positive. Results obtained in the study are consistent with existing findings in the literature. |
| Starting Page | 234 |
| Ending Page | 241 |
| Page Count | 8 |
| File Format | PDF HTM / HTML |
| DOI | 10.17261/pressacademia.2018.932 |
| Volume Number | 5 |
| Alternate Webpage(s) | https://dergipark.org.tr/tr/download/article-file/544590 |
| Alternate Webpage(s) | https://doi.org/10.17261/pressacademia.2018.932 |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |