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Effects of R&D and innovation on income in EU countries: new generation panel cointegration and causality analysis

Author

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  • Ismet GOCER

    (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.

Suggested Citation

  • Ismet GOCER & Sedat ALATAS & Osman PEKER, 2016. "Effects of R&D and innovation on income in EU countries: new generation panel cointegration and causality analysis," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(4(609), W), pages 153-164, Winter.
    • Handle: RePEc:agr:journl:v:xxiii:y:2016:i:4(609):p:153-164
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    Cited by:

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    2. Nekrep Andreja & Strašek Sebastjan & Boršič Darja, 2018. "Productivity and Economic Growth in the European Union: Impact of Investment in Research and Development," Naše gospodarstvo/Our economy, Sciendo, vol. 64(1), pages 18-27, March.
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    4. Marcel Ausloos & Francesca Bartolacci & Nicola G. Castellano & Roy Cerqueti, 2018. "Exploring how innovation strategies at time of crisis influence performance: a cluster analysis perspective," Papers 1808.05893, arXiv.org.
    5. Marcel Ausloos & Francesca Bartolacci & Nicola G. Castellano & Roy Cerqueti, 2020. "Simple approaches on how to discover promising strategies for efficient enterprise performance, at time of crisis in the case of SMEs : Voronoi clustering and outlier effects perspective," Papers 2012.14297, arXiv.org.

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