The Impact of R&D on Economic Growth in Turkey: A Residual-Based Cointegration Test with a Fourier Approximation Cover Image

Türkiye’de AR-GE’nin Ekonomik Büyüme Üzerindeki Etkisi: Fourier Yaklaşımla Kalıntı Temelli Eşbütünleşme Testi
The Impact of R&D on Economic Growth in Turkey: A Residual-Based Cointegration Test with a Fourier Approximation

Author(s): Dilek Tandoğan, Murat Genç
Subject(s): National Economy, Economic history, Economic development, Transformation Period (1990 - 2010), Present Times (2010 - today)
Published by: Celal Bayar Üniversitesi Sosyal Bilimler Enstitüsü
Keywords: Economic Growth; R&D; Turkey; A Residual-Based Cointegration Test with a Fourier Approximation;

Summary/Abstract: This paper aims to determine the impact of R&D on economic growth by employing a Residual-Based Cointegration test with a Fourier Approximation with annual data from 1990 to 2017 in Turkey. The findings obtained from cointegration test indicate that RD and RGDP are cointegrated. On the other hand the results of error corection model show that there is a bidirectional causality between R&D and economic growth. The Findings are important in terms of revealing the role of R&D in economic growth.

  • Issue Year: 18/2020
  • Issue No: 02
  • Page Range: 339-348
  • Page Count: 10
  • Language: Turkish