The Role of Knowledge on the Economic Growth Performance of Türkiye, 1960- 2019
The Role of Knowledge on the Economic Growth Performance of Türkiye, 1960- 2019
Author(s): Fatma Muazzez UTKU İSMİHANSubject(s): National Economy, Economic history, Financial Markets, Socio-Economic Research
Published by: Ahmet Arif Eren
Keywords: Knowledge; Knowledge Index; Productivity; Economic Growth;
Summary/Abstract: In recent decades, there has been a notable shift in the global economy towards a knowledge-based economic framework. This transformation has been influenced by many key factors, sometimes referred to as pillars of knowledge. These pillars encompass human capital, research and development (R&D), information and communication technologies (ICTs), and foreign trade. This study examines the influence of knowledge on the economic growth performance of Türkiye from 1960 to 2019. It employs a production function framework and utilizes the Autoregressive Distributed Lag (ARDL) technique. This study additionally presents a knowledge index as a means to assess several dimensions of knowledge in a unified form. The empirical results indicate that higher level of knowledge has had a positive impact on the growth rate of Turkish economy over the sample period.
Journal: Fiscaoeconomia
- Issue Year: 8/2024
- Issue No: 1
- Page Range: 244-255
- Page Count: 12
- Language: English
