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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.
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Nakłady na badania i rozwój w Polsce na tle wybranych państw europejskich

63%
Heller J., Bogdański M.
Studia Regionalne i Lokalne
|
2005
|
issue 4(22)
59-76
PL
Gospodarka oparta na wiedzy, new economy to pojęcia, które w kontekście zmian zachodzących w ciągu kilkunastu ostatnich lat w światowej gospodarce nabierają wyjątkowego znaczenia. Obecnie to wiedza jako czwarty czynnik produkcji stanowi podstawowe źródło kreowania rozwoju gospodarczego w najbardziej rozwiniętych krajach świata. Badania przeprowadzone w pracy pokazały, że nakłady na badania i rozwój w Polsce w latach 1994-2003 kształtowały się na znacznie niższym poziomie niż w wielu innych krajach europejskich. Co więcej, ich struktura także nie jest adekwatna do potrzeb nowoczesnej gospodarki opartej na wiedzy.
EN
Knowledge based economy, new economy. In context of changes we can observe that in last years in world economy these ideas are starting to have completely new meaning. Nowadays, it is the knowledge as the fourth factor of production, that is the most important source of creating the economic development in the highly developed states. Researches done in this paper proved that the Polish expenditures on research and development in years 1994-2003 were on the much lower level, than in many other European countries. Furthermore, their structure is not adequate to the needs of modern economy based on knowledge.
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