Impact of R&D Activities of Firms on Productivity: Findings from an Econometric Study of the Turkish Manufacturing Sector
Elif Dayar () and
Mehmet Pamukçu ()
Additional contact information
Elif Dayar: Department of Economics, Atilim University
Authors registered in the RePEc Author Service: Elif Kalaycı ()
No 1402, STPS Working Papers from STPS - Science and Technology Policy Studies Center, Middle East Technical University
In this paper we are investigating the following question for Turkey: “How does the increase in R&D capital stock and how do foreign knowledge spillovers affect labor productivity?” Our sample is composed of R&D performers only, hence the Heckman two stage procedure with the instrumental variables technique for panel data is implemented (Semykina and Wooldridge, 2010). Appropriate instruments are used in regressions for the endogenous variables. Our findings signal that the indigenous efforts of R&D performers and their physical capital stock intensity exert a positive effect on firm-level labor productivity. However, neither foreign ownership nor foreign knowledge spillovers are found to affect R&D performers’ labor productivity positively. On the other hand, skill exerts a strong positive impact on productivity, pointing to the significant role of educated staff in R&D performing firms. We can conclude that Turkish R&D performers are dependent on their accumulated physical capital stock intensity and their own R&D efforts when it comes to increasing labor productivity.
Keywords: R&D (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ara, nep-cse, nep-cwa, nep-eff, nep-ino, nep-sbm and nep-tid
Date: 2014-12, Revised 2014-12
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
http://stps.metu.edu.tr/sites/stps.metu.edu.tr/files/STPS%20WP%201402.pdf First version, 2014 (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:met:stpswp:1402
Access Statistics for this paper
More papers in STPS Working Papers from STPS - Science and Technology Policy Studies Center, Middle East Technical University Contact information at EDIRC.
Series data maintained by Semih Akcomak ().