Economics at your fingertips  

Research Output and Economic Growth in G7 Countries: New Evidence from Asymmetric Panel Causality Testing

Abdulnasser Hatemi-J (), Ahdi Noomen Ajmi, Ghassen El Montasser, Roula Inglesi-Lotz and Rangan Gupta ()

No 201438, Working Papers from University of Pretoria, Department of Economics

Abstract: Researchers focus more on the relationship between research output and economic growth. The study of such a relationship is not only of theoretical interest, but it can also influence specific policies to improve the quality, and probably the quantity of research output. This paper has studied this relationship in G7 countries using the asymmetric panel causality test of Hatemi-J (2011). Our results show that only the United Kingdom shows a causal relationship from the output of research to real GDP. However, when the signs of variations are taken into account, there is an asymmetric causality running from negative research output shocks to negative real GDP shocks.

Keywords: Research Output; Real GDP; Asymmetric Panel Causality; G7 (search for similar items in EconPapers)
JEL-codes: C33 O3 O4 (search for similar items in EconPapers)
Date: 2014-08
References: Add references at CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: Research output and economic growth in G7 countries: new evidence from asymmetric panel causality testing (2016) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this paper

More papers in Working Papers from University of Pretoria, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Rangan Gupta ().

Page updated 2019-07-16
Handle: RePEc:pre:wpaper:201438