Analysis of the Effectiveness of Public R&D Expenditures in Selected OECD Countries

Erdem Utku Eke and Emine AYRANCI BAĞRIAÇIK

Fiscaoeconomia, 2022, issue 2

Abstract: Ensuring the effective use of limited public resources in terms of R&D activities, together with all fields, is important for state budgets and national economies. Accordingly in this study, the relative efficiency of public R&D expenditures of 29 OECD countries including Turkey in 2019, is analyzed with the DEA model with variable returns according to the output-oriented scale. According to the results of the analysis; countries which have relative technical efficiency are Canada, Denmark, Finland, Iceland, Ireland, Japan, Latvia, Lithuania, Luxembourg, Mexico, Norway, Portugal, Slovakia and England. The countries with the lowest relative technical efficiency value are Hungary, Czech Republic, France and Greece. On the other hand, Turkey is one of the country that can’t reach the efficiency limit. The biggest reason is that the number of patents in Turkey is low.

Keywords: Public R&D Expenditures; Data Envelopment Analysis; Efficiency Analysis (search for similar items in EconPapers)
JEL-codes: C61 O32 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:fis:journl:220218

DOI: 10.25295/fsecon.1098193

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