THE EFFECT OF R&D EXPENDITURE ON ECONOMIC GROWTH TO SEPARATE SECTIONS OF THE INVESTOR (CASE STUDY OF OIC COUNTRIES)

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ANOUSHEH SH.

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Journal: IRANIAN JOURNAL OF APPLIED ECONOMICS Year:2012 | Volume:2 | Issue:7 Page(s): 59-78

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Title

THE EFFECT OF R&D EXPENDITURE ON ECONOMIC GROWTH TO SEPARATE SECTIONS OF THE INVESTOR (CASE STUDY OF OIC COUNTRIES)

Author(s)

ANOUSHEH SH. | Issue Writer Certificate

Keywords

ECONOMIC GROWTHQ2

R&DQ2

PANEL DATAQ2

Abstract

In the new literature, Research and Development (R&D) has an important role in ECONOMIC GROWTH. Specifically, R&D expenditures improve ECONOMIC GROWTH and fill the gap between growth of production and its factors by decreasing cost and enhancing productivity. R&D funded by different sectors and insufficient investment in one of them can be a factor for weaker ECONOMIC GROWTH in developed and developing countries In this paper, we have analyzed the effect of R&D expenditures on ECONOMIC GROWTH of OIC countries. For this, we have separated investment sectors according to endogenous growth model and then employed PANEL DATA method during time period 1998-2009. Based on obtained results, R&D expenditures by government, higher education, non-profit organizations, and business enterprise have positive and significant effect on ECONOMIC GROWTH.

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APA: Copy

ANOUSHEH, SH.. (2012). THE EFFECT OF R&D EXPENDITURE ON ECONOMIC GROWTH TO SEPARATE SECTIONS OF THE INVESTOR (CASE STUDY OF OIC COUNTRIES). IRANIAN JOURNAL OF APPLIED ECONOMICS, 2(7), 59-78. SID. https://sid.ir/paper/202066/en

Vancouver: Copy

ANOUSHEH SH.. THE EFFECT OF R&D EXPENDITURE ON ECONOMIC GROWTH TO SEPARATE SECTIONS OF THE INVESTOR (CASE STUDY OF OIC COUNTRIES). IRANIAN JOURNAL OF APPLIED ECONOMICS[Internet]. 2012;2(7):59-78. Available from: https://sid.ir/paper/202066/en

IEEE: Copy

SH. ANOUSHEH, “THE EFFECT OF R&D EXPENDITURE ON ECONOMIC GROWTH TO SEPARATE SECTIONS OF THE INVESTOR (CASE STUDY OF OIC COUNTRIES),” IRANIAN JOURNAL OF APPLIED ECONOMICS, vol. 2, no. 7, pp. 59–78, 2012, [Online]. Available: https://sid.ir/paper/202066/en

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