Ekonomik Büyüme, Ar-Ge Harcamaları, İhracat ve Net Yabancı Sermeye Girişinin Ülkelerin Ekonomik Fitnes Endeksi üzerindeki Etkisi

Ekonomik fitnes endeksi ülkelerin hem ürün çeşitlendirme hem de kompleks ürünleri küresel ölçekte rekabetçi bir şekilde üretme yeteneğini ölçen bir endekstir. Endeks aynı zamanda ekonomik açıdan küresel bir güç göstergesi olarak ifade edilebilir. Bu çalışmada da amaç bu endeks üzerinde ekonomik büyümenin, Ar-Ge harcamalarının, ihracatın ve net yabancı sermaye girişinin etkili olup olmadığını belirlemektir. Bu bağlamda 20 ülkenin 1996-2015 tarihleri arasında yıllık frekanstaki GSYH, Ar-Ge harcamaları, ihracat, net yabancı sermaye girişi ile ekonomik fitnes endeksi verileri arasındaki ilişki panel nedensellik, panel eşbütünleşme, FMOLS ve DOLS analizleri ile test edilmiştir. Değişkenler arasında eşbütünleşme ve nedensellik ilişkisi tespit edilmiş olup ekonomik fitnes endeksini, Ar-Ge harcamalarının pozitif etkilediği tespit edilmiştir.

Effects of Economic Growth, R&D Expenditures, Exports and Net Foreign Capital on Economic Fitness Index of Countries

The economic fitness index is an index that measures countries’ ability of product differentiation and degree of competitiveness in producing complex products on a global scale. The index can also be identified as an indicator of global economic power. This study aims to determine whether or not economic growth, R&D expenditures, exports, and net foreign capital inflows are effective on this index. In this context, the relationship between GDP, R&D expenditures, exports, net foreign capital inflows, and economic fitness index data of 20 countries obtained over the period 1996-2015 is tested via panel causality, panel cointegration, FMOLS, and DOLS analyses. Cointegration and causality relationships between the variables are determined, and it is concluded that the R&D expenditures have a positive impact on the economic fitness index, respectively.

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