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

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

Theoretical and Applied Economics. 2016. Vol. 23. P. 153–164.

Göçer İ., Alatas S., Peker O.

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.

Research target: Economics and Management

Language: English

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