Circular Causality of R&D and Export in EU countries
Dilek Çeti̇n and
Michele Cincera ()
World Journal of Applied Economics, 2015, vol. 1, issue 1, 82-105
The main objective of the study is to explore the relationship between Research and Development (R&D) investments and export behaviour in EU countries in the aspect of competitiveness. To this end, the micro-aggregated Community Innovation Survey 3 (CIS3) is used. Both the volume and the decision of R&D investment and export are found to be mutually dependent. Particularly, in manufacturing industry, the effect of export on R&D is underestimated and the one of R&D on export is overestimated. In the knowledge intensive sectors, circular causality link is broken between the R&D and export.
Keywords: Research and Development (R&D); export; EU; manufacturing; services (search for similar items in EconPapers)
JEL-codes: F14 O33 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ana:journl:v:1:y:2015:i:1:p:82-105
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