THE EFFECT OF R & D ACTIVITIES ON SCIENTIFIC OUTPUT AND ECONOMIC GROWTH: TURKEY APPLICATION (2000-2008)

Abstract

In developing countries such as Turkey must be increased in order to be stable economic growth that ıt is the accumulation of information and the scientific output. In this context, increased knowledge will allow that is the infrastructure R & D of the improvement. Thus, in line with the developments in R&D infrastructure will accelerate the production of technological product with high added value in the economy. In addition, economic dynamism will emerge by increasing production process and factor productivity. With the quality of scientific outputs especially the increase in R&D activities will be able to include resources that are idle over time. In this context, especially after 1980, when globalization gained momentum international economies applied internal economic growth models based on R&D activities. In These models based on R&D is expected that the results for scientific outputs will be determined and contribute to technological progress. In addition, since these types of growth models are analyzed on the basis of general equilibrium which they require the development of the R&D departments of companies seeking profit. R&D activities are based on the outputs of scientific knowledge and stable economic growth. In this case, the most important reasons the activities can be permanent and long-term that is to have qualified labor who have knowledge and use. The economy realizes growth to the extent that it uses its knowledge and activities. In this context, it is important to analyze the variables. In this study, the relationship is investigated between scientific outputs and economic growth of R & D activities. Turkey's economy examined the relationship between variables using annual data for the 2000-2018 period and relationships in order to determine the direction of Granger causality test was applied. According to the analysis results, it was found that the causality between R & D activities and scientific outputs and economic growth is bi-directional. Also according to error correction model was determined %1 increase in R & D activities, approximately %0.19 increase in scientific output and economic growth to increase by %0.17.