Theoretical and Applied Economics
No. 4 / 2016 (609), Winter
Effects of R&D and innovation on income in EU countries: new generation panel cointegration and causality analysis
Adnan Menderes University, Turkey
Sedat ALATAS
Adnan Menderes University, Turkey
Osman PEKER
Adnan Menderes University, Turkey
Abstract. The purpose of this study is to examine the effects of research-development expenditures and innovation on income using new generation panel data analysis for 11 EU countries. We found that that if research-development expenditures and innovation goes up by 1%, income, on average, raises by 0.19% and 4.05%, respectively.
Keywords: R&D, Innovation, Panel Cointegration, Panel Causality.
Contents
- The influence of fiscal freedom, government effectiveness
and human development index on tax evasion
in the European Union
Alexandru Theodoru DRONCA
- Limitation of ARIMA models in financial
and monetary economics
Andreea-Cristina PETRICĂ
Stelian STANCU
Alexandru TINDECHE
- The Romania's challenges regarding the integration
in the Euro Area
Iulian Nicolae VASILOIU
- Does remittance drive economic growth in emerging
economies: Evidence from FMOLS and Panel VECM
Kalandi Charan PRADHAN
- Effectiveness of monetary policies
in OECD countries
Ahmet UGUR
Canan SANCAR
Yusuf Ekrem AKBAŞ
- Determinants of household loans
Sorin Daniel MANOLE
Corina PETRESCU
Ramona Ioana VLADA
- Tourism and economic structural change with endogenous
wealth and human capital and elastic labor supply
Wei-Bin ZHANG
- Migration – trade nexus revisited:
Empirical evidence from Turkish emigrants in OECD countries
Kadir KARAGÖZ
- New pillars of the banking business model
or a new model of doing banking?
Dan Costin NIȚESCU
- Effects of R&D and innovation on income in EU countries:
new generation panel cointegration and causality analysis
Ismet GOCER
Sedat ALATAS
Osman PEKER
- The major economic evolution of Romania
by the middle of 2016
Constantin ANGHELACHE
Alexandru MANOLE
Mădălina Gabriela ANGHEL
- Foreign aid, macroeconomic policies and economic growth
nexus in India: An ARDL bounds testing approach
Geetilaxmi MOHAPATRA
A. K. GIRI
Madhu SEHRAWAT
- Determinants of nonperforming assets-bank-specific
and macroeconomic factors: A panel data analysis
of different group of commercial banks operating in India
Biswajit PATRA
Puja PADHI
- Gradualistic strategy of transition to market economy
Giorgi MIKELADZE
Simon GELASHVILI
- Public target space as key factor for public policy
implementation
Luminița Gabriela POPESCU
- The relationships among the returns of investment
instruments: a vector autoregressive approach for Turkey
Yuksel ILTAS
Umit BULUT
- Current account sustainability in SAARC economies: Evidence from combined cointegration approach
Manoranjan SAHOO
M Suresh BABU
Umakant DASH