Bilgi ve Finans Arasındaki İlişki: Yükselen Avrupa Ülkeleri Örneği

Bu çalışmada bilgi ve finans arasındaki ilişki yükselen Avrupa ülkelerine dayalı olarak 1997-2017 dönemi için incelenmiş, bu doğrultuda değişkenler arasındaki eşbütünleşme ve nedensellik ilişkileri değerlendirilmiştir. Elde edilen bulgulara göre, seriler eşbütünleşiktir ve uzun dönemde birlikte hareket etmektedir. Romanya’da Ar-Ge faaliyetleri ile finansal gelişme arasında çift yönlü nedensellik ilişkisi bulunurken Türkiye’de ekonomik karmaşıklık ile finansal gelişme arasında çift yönlü nedensellik ilişkisi mevcuttur. Ayrıca Macaristan, Polonya, Romanya, Rusya ve Ukrayna’da finansal gelişmeden ekonomik karmaşıklığa; Polonya’da finansal gelişmeden Ar-Ge faaliyetlerine; Romanya’da finansal gelişmeden patent başvurusuna; Türkiye ve Ukrayna’da patent başvurusundan finansal gelişmeye doğru tek yönlü nedensellik söz konusudur.

The Relationship between Knowledge and Finance: The Case of Emerging European Countries

This study investigates the relationship between knowledge and finance in Emerging European Economies for the period 1997-2017. Co-integration and causality relationship among variables is evaluated for this purpose. Series are co-integrated and moving together in the long run. There is bidirectional causality between R&D and financial development in Romania, and complexity and financial development in Turkey. Besides, there is unidirectional causality running from financial development to complexity in Hungary, Poland, Romania, Russia, and Ukraine; from financial development to R&D in Poland; from financial development to patents in Romania, and from patents to financial development in Turkey, and Ukraine.

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Maliye Dergisi-Cover
  • ISSN: 1300-3623
  • Yayın Aralığı: Yılda 2 Sayı
  • Başlangıç: 1973
  • Yayıncı: Hazine ve Maliye Bakanlığı