Content area
The main aim of the paper is to investigate the empirical relationship between research and development (R&D) expenditures and economic growth in the European Union member states in the period of 2000–2013. The empirical analysis is based on panel data regressions. The estimated model is the production function type standard growth model extended with R&D stock variable. The results show a statistically significant impact of R&D expenditures on the economic growth in the EU countries. The significance for R&D coefficient remains robust to different sub-periods, but the level of significance decreases as a sub-sample of new EU countries was considered.
Details
Subject
Business indexing term
Identifier / keyword
Title
Research and Development Expenditures and Economic Growth in the EU: A Panel Data Analysis
Author
Economics and Business; Riga
Volume
29
Issue
1
Pages
5-11
Publication year
2016
Publication date
2016
Place of publication
Riga
Country of publication
Poland
Publication subject
ISSN
22560386
e-ISSN
22560394
Source type
Scholarly Journal
Language of publication
English
Document type
Journal Article
Publication history
Online publication date
2016-09-10
Publication history
First posting date
10 Sep 2016
ProQuest document ID
3156916096
Document URL
https://www.proquest.com/scholarly-journals/research-development-expenditures-economic-growth/docview/3156916096/se-2?accountid=208611
Copyright
© 2016. This work is published under http://creativecommons.org/licenses/by/4.0 (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.
Last updated
2025-09-17
Database
ProQuest One Academic