Testing for Panel Granger Causality Relationship between international R&D cooperation and Economic Growth
Journal Title: INTERNATIONAL JOURNAL OF MANAGEMENT & INFORMATION TECHNOLOGY - Year 2013, Vol 7, Issue 3
Abstract
In this paper we investigate the causal relationship between R&D cooperation and economic growth. We use an innovative econometric method which is based on a panel test of the Granger non causality hypothesis. We implement various tests with a sample of 32 industrial and developing countries over the 1970-2012 periods. The results provide support for a robust causality relationship from economic growth to the R&D cooperation. On the contrary, the non causality hypothesis from R&D cooperation to economic growth can't be rejected in most of the cases. However, these results only imply that, if such a relationship exists, it can't be easily identified in a simply bi-variate Granger causality test.
Authors and Affiliations
Tareki Sadraou, Tarek Ben Al
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