IDEAS home Printed from https://ideas.repec.org/a/rnd/arjsds/v2y2011i4p188-195.html
   My bibliography  Save this article

A Comparative Investigation of the Relation of R&D Expenditures to Economic Growth in a Group of the Less Developed Countries and OECD Countries

Author

Listed:
  • Mokhtari Mehran

Abstract

This research attend to relation between expenditures of research & development & economic growth in two groups of less developed & OECD countries with a panel data model & statistical inputs of less developed countries & developed countries, we survey effect quantity of these expenditures on economic growth in two groups of countries. The first question appearance is that the research is more importance for OECD countries. These countries allocate huge budget to research & development, that in 30 of OECD countries cost %81 of total R&D of the world however, less develop countries allocate little expenditure to the part of R&D thus coefficients of R&D variable show that investment in research is more effected in economic growth of OECD countries as compared with less developed countries. This show that less developed countries allocate their little budgets of R&D to ceremonial affair & they don’t pass of research stage to technology that industry needs but OECD countries can to reduce the result of this researches to productive crops, presses & services.

Suggested Citation

  • Mokhtari Mehran, 2011. "A Comparative Investigation of the Relation of R&D Expenditures to Economic Growth in a Group of the Less Developed Countries and OECD Countries," Journal of Social and Development Sciences, AMH International, vol. 2(4), pages 188-195.
  • Handle: RePEc:rnd:arjsds:v:2:y:2011:i:4:p:188-195
    DOI: 10.22610/jsds.v2i4.668
    as

    Download full text from publisher

    File URL: https://ojs.amhinternational.com/index.php/jsds/article/view/668/668
    Download Restriction: no

    File URL: https://ojs.amhinternational.com/index.php/jsds/article/view/668
    Download Restriction: no

    File URL: https://libkey.io/10.22610/jsds.v2i4.668?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Andrea Bassanini & Stefano Scarpetta, 2001. "Does Human Capital Matter for Growth in OECD Countries?: Evidence from Pooled Mean-Group Estimates," OECD Economics Department Working Papers 282, OECD Publishing.
    2. Goel, Rajeev K. & Payne, James E. & Ram, Rati, 2008. "R&D expenditures and U.S. economic growth: A disaggregated approach," Journal of Policy Modeling, Elsevier, vol. 30(2), pages 237-250.
    3. Serge Coulombe & Jean‐François Tremblay, 2001. "Human capital and regional convergence in Canada," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 28(3), pages 154-180, June.
    4. Robert J. Barro, 2001. "Human Capital and Growth," American Economic Review, American Economic Association, vol. 91(2), pages 12-17, May.
    5. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yazgan Şekip & Yalçinkaya Ömer, 2018. "The Effects of Research and Development (R&D) Investments on Sustainable Economic Growth: Evidence from OECD Countries (1996-2015)," Review of Economic Perspectives, Sciendo, vol. 18(1), pages 3-23, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Daren, Conrad, 2007. "Education and Economic Growth: Is There a Link?," MPRA Paper 18176, University Library of Munich, Germany, revised 2009.
    2. Jérôme Vandenbussche & Philippe Aghion & Costas Meghir, 2006. "Growth, distance to frontier and composition of human capital," Journal of Economic Growth, Springer, vol. 11(2), pages 97-127, June.
    3. Conrad, Daren, 2017. "Education's Contribution to Economic Growth," MPRA Paper 77365, University Library of Munich, Germany.
    4. Serge Coulombe & Jean-Francois Tremblay, 2009. "Education, Productivity and Economic Growth: A Selective Review of the Evidence," International Productivity Monitor, Centre for the Study of Living Standards, vol. 18, pages 3-24, Spring.
    5. Verda Salman & Aliya H. Khan & Madeeha Gohar Qureshi, 2015. "Issues in Statistical Modelling of Human Capital and Economic Growth Nuxus: A Cross Country Analysis," PIDE-Working Papers 2015:126, Pakistan Institute of Development Economics.
    6. Ahmet Faruk Aysan & …mer Faruk Baykal & Marie-Ange Véganzonès–Varoudakis, 2011. "The Effects of Convergence in Governance on Capital Accumulation in the Black Sea Economic Cooperation Countries," Chapters, in: Mehmet Ugur & David Sunderland (ed.), Does Economic Governance Matter?, chapter 6, Edward Elgar Publishing.
    7. Alfò, Marco & Carbonari, Lorenzo & Trovato, Giovanni, 2023. "On the effects of taxation on growth: an empirical assessment," Macroeconomic Dynamics, Cambridge University Press, vol. 27(5), pages 1289-1318, July.
    8. Andrés, Antonio R. & Goel, Rajeev K., 2012. "Does software piracy affect economic growth? Evidence across countries," Journal of Policy Modeling, Elsevier, vol. 34(2), pages 284-295.
    9. Julio Dávila, 2023. "Bequests or education," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(4), pages 1039-1069, May.
    10. Zhang, Xiaobei & Wang, Xiaojun, 2021. "Measures of human capital and the mechanics of economic growth," China Economic Review, Elsevier, vol. 68(C).
    11. Rogers, Mark Llewellyn, 2008. "Directly unproductive schooling: How country characteristics affect the impact of schooling on growth," European Economic Review, Elsevier, vol. 52(2), pages 356-385, February.
    12. Aleknavičiūtė Rasa & Skvarciany Viktorija & Survilaitė Simona, 2016. "The Role of Human Capital for National Innovation Capability in Eu Countries," Economics and Culture, Sciendo, vol. 13(1), pages 114-125, June.
    13. Kerekes, Monika, 2007. "Analyzing patterns of economic growth: a production frontier approach," Discussion Papers 2007/15, Free University Berlin, School of Business & Economics.
    14. Max Gillman & Michal Kejak, 2005. "Inflation and Balanced-Path Growth with Alternative Payment Mechanisms," Economic Journal, Royal Economic Society, vol. 115(500), pages 247-270, January.
    15. Daniel Badulescu & Darie Gavrilut & Ramona Simut & Simona-Aurelia Bodog & Daniela Zapodeanu & Constantin-Vasile Toca & Alina Badulescu, 2024. "The Relationship between Sustainable Economic Growth, R&D Expenditures and Employment: A Regional Perspective for the North-West Development Region of Romania," Sustainability, MDPI, vol. 16(2), pages 1-18, January.
    16. Wei-Bin Zhang, 2016. "Exchange Values of Gold, Land, Physical Capital, and Human Capital in a Neoclassical Growth Model," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 3, pages 265-286, September.
    17. Echevarría Olave, Cruz Ángel & Iza Padilla, María Amaya, 2005. "Life Expectancy, Human Capital, Social Security and Growth," DFAEII Working Papers 1988-088X, University of the Basque Country - Department of Foundations of Economic Analysis II.
    18. Sefa Awaworyi Churchill & Mehmet Ugur & Siew Ling Yew, 2017. "Does Government Size Affect Per-Capita Income Growth? A Hierarchical Meta-Regression Analysis," The Economic Record, The Economic Society of Australia, vol. 93(300), pages 142-171, March.
    19. Altinok, Nadir & Aydemir, Abdurrahman, 2017. "Does one size fit all? The impact of cognitive skills on economic growth," Journal of Macroeconomics, Elsevier, vol. 53(C), pages 176-190.
    20. Berdegué, J. & Jara, B. & Modrego, F., 2012. "Ciudades, territorios y crecimiento inclusivo en Chile," Working papers 103, Rimisp Latin American Center for Rural Development.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rnd:arjsds:v:2:y:2011:i:4:p:188-195. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Muhammad Tayyab (email available below). General contact details of provider: https://ojs.amhinternational.com/index.php/jsds .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.