IDEAS home Printed from https://ideas.repec.org/p/pre/wpaper/201355.html
   My bibliography  Save this paper

Research Output and Economic Growth in 34 OECD countries: A Bootstrap Panel Causality Exercise

Author

Listed:
  • Hamilton Ntuli

    (Department of Economics, University of Pretoria, South Africa)

  • Roula Inglesi-Lotz

    (Department of Economics, University of Pretoria, South Africa)

  • Tsangyao Chang

    (Department of Finance, Feng Chia University, Taichung, Taiwan)

  • Anastassios Pouris

    (Institute for Technological Innovation, University of Pretoria)

Abstract

This paper revisits the causal relationship between research papers published and economic growth in OECD countries for the period 1981-2011, using bootstrap panel causality analysis, which accounts for cross-section dependency and heterogeneity across countries. Our empirical results support unidirectional causality running from research output (in terms of total number of papers published) to economic growth for the US, Finland, Hungary, and Mexico; the opposite causality from economic growth to research papers published for Canada, France, Italy, New Zealand, UK, Austria, Israel, and Poland; and no causality for the rest of the countries. Our findings provide important policy implications for research policies and strategies for OECD countries.

Suggested Citation

  • Hamilton Ntuli & Roula Inglesi-Lotz & Tsangyao Chang & Anastassios Pouris, 2013. "Research Output and Economic Growth in 34 OECD countries: A Bootstrap Panel Causality Exercise," Working Papers 201355, University of Pretoria, Department of Economics.
    • Handle: RePEc:pre:wpaper:201355
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pre:wpaper:201355. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Rangan Gupta (email available below). General contact details of provider: https://edirc.repec.org/data/decupza.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.