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Quantity and quality of research output and economic growth: empirical investigation for all research areas in the MENA countries

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  • Chadi Azmeh

    (International University for Science and Technology, IUST)

Abstract

Recent studies have indicated an increased interest in understanding the overall influence of research output on economic growth. Unfortunately, much of the empirical studies carried out were primarily focused on developed countries. Given the recent rise in government spending on research and development in developing countries, it is highly important to examine the impact of academic research output on economic growth. It enables policy makers to evaluate the return of capital invested in research activities. Using two-step SYS-GMM dynamic panel estimation, the present study examines the impact of quantity and quality of research output in all research areas for 15 MENA countries for the period from 2000 to 2017. Our empirical results give evidence of a negative impact of quantity, and positive impact of quality of research output on economic growth in almost all areas of research. Moreover, results support an important and statistically significant impact of research output on economic growth in the following research areas: Biochemistry, Genetics and Molecular Biology, Business, Management and Accounting, Computer Sciences, Energy, Engineering, Mathematics, and Physics and Astronomy. The study results have important policy implications. Policy makers in the MENA countries need to focus on improving the quality not quantity of research output, especially for these research areas, to realize the expected impact of research on economic growth.

Suggested Citation

  • Chadi Azmeh, 2022. "Quantity and quality of research output and economic growth: empirical investigation for all research areas in the MENA countries," Scientometrics, Springer;Akadémiai Kiadó, vol. 127(11), pages 6147-6163, November.
    • Handle: RePEc:spr:scient:v:127:y:2022:i:11:d:10.1007_s11192-022-04512-5
    DOI: 10.1007/s11192-022-04512-5
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    More about this item

    Keywords

    Research output; Research areas; Economic growth; Quantity and quality; MENA; GMM;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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