R&D EXPENDITURES - GROWTH NEXUS IN TURKEY

Journal Title: International Journal of Economics Politics Humanities and Social Sciences - Year 2018, Vol 1, Issue 2

Abstract

Technological development and investment in knowledge seem to be very important in order for countries to demonstrate effective growth performance. The first concept that comes to mind when investing in information is the R&D activities. In the past, efforts to develop in countries for years can be realized within months nowadays and technological developments have rapidly changed and can be worn out in a short period of time. Therefore, it can be said that the information economy is the speed economy. The aim of this study is to investigate the relationship between R&D expenditures and GDP in Turkey for the period 1996-2014 with the help of VAR analysis. Before the study, it was determined whether the series were stationary by Augmented Dickey Fuller (ADF) and Phillips-Peron (PP) unit root tests and it was determined that the variables of GDP and R&D expenditure were stationary in the level values. According to the results of variance decomposition and effect-response functions; It is seen that the effect of GDP changes in Turkey on R&D expenditures is negligible. However, it is seen that R&D expenditures are significantly affected by the changes in GDP.

Authors and Affiliations

Özlem ÜLGER, Okyay UÇAN

Keywords

ULUSLARARASI MUHASEBE STANDARTLARININ TARİHİ GELİŞİM SÜRECİNDE ETKİLİ OLAN ULUSLARARASI VE ULUSAL KURULUŞLAR / INTERNATIONAL AND NATIONAL ORGANIZATIONS WHICH HAVE INFLUENCE ON DEVELOPMENT OF INTERNATIONAL ACCOUNTING STANDARDS

Küreselleşme ile birlikte ülkeler arasındaki ticari ilişkilerin artması, finansal raporlama alanında benzer uygulama gereksinimini ortaya çıkartmıştır. Herkesin hemfikir olduğu uluslararası muhasebe standartları, şeffaf...