THE ROLE OF R&D EXPENDITURES IN ECONOMIC GROWTH RATE; A CROSS-COUNTRY STUDY

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HASSAN ZADEH A.; HEIDARI H.

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Journal: Iranian Journal of Economic Research Year:2001 | Volume:3 | Issue:8 Page(s): 59-78

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Title

THE ROLE OF R&D EXPENDITURES IN ECONOMIC GROWTH RATE; A CROSS-COUNTRY STUDY

Author(s)

HASSAN ZADEH A. | HEIDARI H. | Issue Writer Certificate

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Abstract

Research and Development expenditures in process of development and progress of economies are very important. Therefore this paper tries to determine effect of R&D expenditures on economic growth rate in the set of different countries of the world. This study has estimated the causal relation between GNP growth rate, and R&D expenditures, fiscal investment, and growth rate of labor force of countries during 1991-95. By using the World Bank data, we have estimated our model for groups of high income and lower income countries. We found that the R&D activities have significant and great effect on GNP growth rate in all countries, especially in developing countries.

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APA: Copy

HASSAN ZADEH, A., & HEIDARI, H.. (2001). THE ROLE OF R&D EXPENDITURES IN ECONOMIC GROWTH RATE; A CROSS-COUNTRY STUDY. IRANIAN ECONOMIC RESEARCH, 3(8), 59-78. SID. https://sid.ir/paper/2450/en

Vancouver: Copy

HASSAN ZADEH A., HEIDARI H.. THE ROLE OF R&D EXPENDITURES IN ECONOMIC GROWTH RATE; A CROSS-COUNTRY STUDY. IRANIAN ECONOMIC RESEARCH[Internet]. 2001;3(8):59-78. Available from: https://sid.ir/paper/2450/en

IEEE: Copy

A. HASSAN ZADEH, and H. HEIDARI, “THE ROLE OF R&D EXPENDITURES IN ECONOMIC GROWTH RATE; A CROSS-COUNTRY STUDY,” IRANIAN ECONOMIC RESEARCH, vol. 3, no. 8, pp. 59–78, 2001, [Online]. Available: https://sid.ir/paper/2450/en

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