Молимо вас користите овај идентификатор за цитирање или овај линк до ове ставке:
https://scidar.kg.ac.rs/handle/123456789/12647
Назив: | Patterns of interrelationships between inflation, r&d, innovation, and economic growth: Evidence from central and Eastern European countries |
Аутори: | Radonjić, Ljubivoje Veselinović, Nevena |
Датум издавања: | 2020 |
Сажетак: | © 2020, Institute of Economics (Zagreb). All rights reserved. The primary objective of the article is to examine the nexus between inflation, R&D, patents, and economic growth within a group of Central and Eastern European countries (CEECs). The examination is conducted in two parts. First, the impact of total R&D expenditures on economic growth is observed, as well as the influence of growth on private and public R&D investments. Second, the conversion from private and public R&D investment to innovation, measured by the number of patents, is observed. Throughout the analysis, economic growth and inflation are representative of macroeconomic stability. The outcomes of the panel auto-regressive distributed lag estimation indicate that total R&D expenditures are essential and positively significant for economic growth in the observed countries. The results also show that output growth has a remarkably positive impact on generating private R&D expenditures. Such an influence is also found, but at a weaker level, in the case of public R&D expenditures. In this part of the analysis, inflation has demonstrated a harmful influence on R&D expenditures. The results of the second part indicate that public and private R&D expenditures, at a significant level, generate innovation activities, while the impact of inflation has proven to be unimportant. |
URI: | https://scidar.kg.ac.rs/handle/123456789/12647 |
Тип: | article |
DOI: | 10.15179/ces.22.2.1 |
ISSN: | 1330-4860 |
SCOPUS: | 2-s2.0-85098854969 |
Налази се у колекцијама: | Institute for Information Technologies, Kragujevac |
Датотеке у овој ставци:
Датотека | Опис | Величина | Формат | |
---|---|---|---|---|
10.15179-ces.22.2.1.pdf | 1.2 MB | Adobe PDF | Погледајте |
Ова ставка је заштићена лиценцом Креативне заједнице