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Analysis of the Effectiveness of Public R&D Expenditures in Selected OECD Countries

Author

Listed:
  • Erdem Utku EKE
  • Emine AYRANCI BAÄžRIAÇIK

Abstract

Ensuring the effective use of limited public resources in terms of R&D activities, together with all fields, is important for state budgets and national economies. Accordingly in this study, the relative efficiency of public R&D expenditures of 29 OECD countries including Turkey in 2019, is analyzed with the DEA model with variable returns according to the output-oriented scale. According to the results of the analysis; countries which have relative technical efficiency are Canada, Denmark, Finland, Iceland, Ireland, Japan, Latvia, Lithuania, Luxembourg, Mexico, Norway, Portugal, Slovakia and England. The countries with the lowest relative technical efficiency value are Hungary, Czech Republic, France and Greece. On the other hand, Turkey is one of the country that can’t reach the efficiency limit. The biggest reason is that the number of patents in Turkey is low.

Suggested Citation

  • Erdem Utku EKE & Emine AYRANCI BAÄžRIAÇIK, 2022. "Analysis of the Effectiveness of Public R&D Expenditures in Selected OECD Countries," Fiscaoeconomia, Tubitak Ulakbim JournalPark (Dergipark), issue 2.
    • Handle: RePEc:fis:journl:220218
    DOI: 10.25295/fsecon.1098193
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    JEL classification:

    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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