THE CAUSAL NEXUS BETWEEN TECHNOLOGICAL DEVELOPMENT AND ECONOMIC GROWTH: AN EVIDENCE FROM G7 COUNTRIES

被引：0
作者：
Topcu, Ebru [1 ]
Yesiltas, Pakize [2 ]
机构：
[1] Nevsehir Haci Bektas Veli Univ, Iktisadi & Idari Bilimler Fak, Iktisat Bolumu, Nevsehir, Turkey
[2] Nevsehir Haci Bektas Veli Univ, Sosyal Bilimler Enst, Iktisat, Nevsehir, Turkey
来源：
JOURNAL OF MEHMET AKIF ERSOY UNIVERSITY ECONOMICS AND ADMINISTRATIVE SCIENCES FACULTY | 2021年 / 8卷 / 02期
关键词：
Technological Development; Panel Causality; Economic Growth; G7; Countries; FINANCIAL DEVELOPMENT; INNOVATION;
D O I：
10.30798/makuiibf.860862
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The aim of this study is to examine the causal relationship between technological development and economic growth in G7 countries over the period of 1996-2018 using panel causality method. Technological development is measured by R&D expenditures and patent applications. Emirmahmutoglu ve Kose (2011) panel causality test results show that the causal relationship between technological development and economic growth differs by technology proxy. When the technological development is measured by R&D expenditures, the results provide support of a bi-directional causality. When the technological development is measured by patent applications, on the other hand, a uni-directional causality from economic growth to technological development is detected.
引用
收藏
页码：1008 / 1019
页数：12
相关论文
共 50 条
  • [31] The dynamic nexus between air transport, technological innovation, FDI, and economic growth: evidence from BRICS-MT countries
    Iqbal, Amir
    Tang, Xuan
    Jahangir, Sayeda
    Hussain, Shahid
    ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH, 2022, 29 (45) : 68161 - 68178
  • [32] Investigating the causal relationship between woman's health and economic growth in groups D8 and G7 countries
    Jalili A.
    Panahi H.
    Sojoodi S.
    Quality & Quantity, 2022, 56 (1) : 359 - 374
  • [33] The Relationship Between Health Expenditure, CO2 Emissions, and Economic Growth in G7: Evidence from Heterogeneous Panel Data
    Dritsaki, Melina
    Dritsaki, Chaido
    JOURNAL OF THE KNOWLEDGE ECONOMY, 2024, 15 (01) : 4886 - 4911
  • [34] Revisiting the financial development and economic growth nexus: empirical evidence from SAARC countries
    Dar, Muzffar Hussain
    Nain, Md Zulquar
    JOURNAL OF FINANCIAL ECONOMIC POLICY, 2023, 15 (06) : 645 - 659
  • [35] The nexus between electricity consumption and financial development: Further evidence from G-20 countries
    Hızarcı A.E.
    Zeren F.
    Electricity Journal, 2020, 33 (06)
  • [36] Causal nexus between economic growth, inflation, and stock market development: The case of OECD countries
    Pradhan, Rudra P.
    Arvin, Mak B.
    Bahmani, Sahar
    GLOBAL FINANCE JOURNAL, 2015, 27 : 98 - 111
  • [37] Nexus between Financial Development and Economic Growth: Evidence from Sri Lanka
    Fathima Rinosha, Kalideen
    Mohamed Mustafa, Abdul Majeed
    JOURNAL OF ASIAN FINANCE ECONOMICS AND BUSINESS, 2021, 8 (03): : 165 - 170
  • [38] A heterogeneous analysis of the nexus between energy consumption, economic growth and carbon emissions: Evidence from the Group of Twenty (G20) countries
    Li, Kaodui
    Hu, Enhua
    Xu, Chenchen
    Musah, Mohammed
    Kong, Yusheng
    Mensah, Isaac Adjei
    Zu, Jingqin
    Jiang, Wen
    Su, Yongzheng
    ENERGY EXPLORATION & EXPLOITATION, 2021, 39 (03) : 815 - 837
  • [39] MODERATOR EFFECT OF TECHNOLOGICAL ADVANCEMENT ON FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH NEXUS IN ASIAN COUNTRIES
    Hewage, Rishan Sampath
    Pyeman, Jaafar
    Othman, Norashida
    JOURNAL OF INTERNATIONAL STUDIES-JIS, 2024, 20 (01): : 115 - 147
  • [40] Quantile connectedness between CO2 emissions and economic growth in G7 countries
    Jebabli, Ikram
    Lahiani, Amine
    Mefteh-Wali, Salma
    RESOURCES POLICY, 2023, 81
12345