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Causality Relationships Between Per Capita Income and Research and Development (R&D) Expenditures in Asian Tigers, China, and TurkeyAbstract: This study investigates the relationship between R&D expenditures and per capita income for Asian Tigers (Hong Kong, Korea, Singapore), China, and Turkey. For this purpose, the relationships between variables are investigated using the bootstrap panel causality test developed by Konya (2006). In the study, analyses are made using data between 1998 and 2016. According to the analysis results, there is a unidirectional causality relationship between R&D expenditures to per capita income in Hong Kong and Korea. On the other hand, there is a unidirectional causality relationship from per capita income to R&D expenditures in China and Turkey. The coefficients of these causality relationships are positive

Author

Listed:
  • Mustafa KIRCA
  • Şerif CANBAY
  • Veysel İNAL
  • Sema YILMAZ-GENÇ

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Suggested Citation

  • Mustafa KIRCA & Şerif CANBAY & Veysel İNAL & Sema YILMAZ-GENÇ, 2021. "Causality Relationships Between Per Capita Income and Research and Development (R&D) Expenditures in Asian Tigers, China, and TurkeyAbstract: This study investigates the relationship between R&D expen," Sosyoekonomi Journal, Sosyoekonomi Society.
    • Handle: RePEc:sos:sosjrn:210201
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    JEL classification:

    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • P24 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - National Income, Product, and Expenditure; Money; Inflation

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