The Role of Knowledge on the Economic Growth Performance of Türkiye, 1960-2019

Fatma Muazzez UTKU Ä°smä°han

Fiscaoeconomia, 2024, issue 1

Abstract: In recent decades, there has been a notable shift in the global economy towards a knowledge-based economic framework. This transformation has been influenced by many key factors, sometimes referred to as pillars of knowledge. These pillars encompass human capital, research and development (R&D), information and communication technologies (ICTs), and foreign trade. This study examines the influence of knowledge on the economic growth performance of Türkiye from 1960 to 2019. It employs a production function framework and utilizes the Autoregressive Distributed Lag (ARDL) technique. This study additionally presents a knowledge index as a means to assess several dimensions of knowledge in a unified form. The empirical results indicate that higher level of knowledge has had a positive impact on the growth rate of Turkish economy over the sample period.

Keywords: Knowledge; Knowledge Index; Productivity; Economic Growth (search for similar items in EconPapers)
JEL-codes: J24 O11 O32 O40 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:fis:journl:240113

DOI: 10.25295/fsecon.1393482

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