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1

Research and Development Expenditures and Economic Growth in the EU: A Panel Data Analysis

100%
Freimane R., Bāliņa S.
Economics and Business
|
2016
|
vol. 29
|
issue 1
5-11
EN
The main aim of the paper is to investigate the empirical relationship between research and development (R&D) expenditures and economic growth in the European Union member states in the period of 2000–2013. The empirical analysis is based on panel data regressions. The estimated model is the production function type standard growth model extended with R&D stock variable. The results show a statistically significant impact of R&D expenditures on the economic growth in the EU countries. The significance for R&D coefficient remains robust to different sub-periods, but the level of significance decreases as a sub-sample of new EU countries was considered.
2

Opportunities for the Use of Business Data Analysis Technologies

81%
Bāliņa S., Žuka R., Krasts J.
Economics and Business
|
2016
|
vol. 28
|
issue 1
20-25
EN
The paper analyses the business data analysis technologies, provides their classification and considers relevant terminology. The feasibility of business data analysis technologies handling big data sources is overviewed. The paper shows the results of examination of the online big data source analytics technologies, data mining and predictive modelling technologies and their trends.
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