A TOBIT MODEL APPLICATION ON THE DETERMINANTS OF R&D EFFICIENCY

The scarcity of resources obliges them to adapt to innovation to achieve steady growth of countries. The source of innovation is research and development activities. The aim of this study is to reveal the determinants of the effectiveness of research and development. 1996-2014 period data of 16 OECD...

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Main Authors: Eda Bozkurt, Özlem Topçuoğlu
Format: Article
Language:deu
Published: Trakya University 2019-08-01
Series:Trakya Üniversitesi Sosyal Bilimler Dergisi
Subjects:
Online Access:https://dergipark.org.tr/tr/download/article-file/782960
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spelling doaj-c7ba29aa834a400cbf766b43b61460322020-11-25T02:04:09ZdeuTrakya UniversityTrakya Üniversitesi Sosyal Bilimler Dergisi1305-77662587-24512019-08-0121Supplement14116310.26468/trakyasobed.464212A TOBIT MODEL APPLICATION ON THE DETERMINANTS OF R&D EFFICIENCYEda Bozkurt0Özlem Topçuoğlu1Atatürk UniversityAtatürk UniversityThe scarcity of resources obliges them to adapt to innovation to achieve steady growth of countries. The source of innovation is research and development activities. The aim of this study is to reveal the determinants of the effectiveness of research and development. 1996-2014 period data of 16 OECD countries were used in the study. Firstly, the efficiency values of research and development were calculated by Data Envelopment Analysis Method and then Total Factor Productivity, which is considered to be the determinant of the effectiveness of research and development, was obtained. Malmquist Index Method was used in Total Factor Productivity calculations. In the final stage of the study, Tobit Model in which the efficiency values of research and development are used as dependent variables was estimated. Total factor productivity calculated, energy consumption and foreign direct investment data were used as independent variable. According to Tobit model estimation results, it was determined that total factor productivity and energy consumption variables have a directed line effect on the efficiency of research and development, while foreign direct investment has a back line effect on the efficiency of research and development.https://dergipark.org.tr/tr/download/article-file/782960research-developmentefficiencymalmquist total factor productivity indextobit model.
collection DOAJ
language deu
format Article
sources DOAJ
author Eda Bozkurt
Özlem Topçuoğlu
spellingShingle Eda Bozkurt
Özlem Topçuoğlu
A TOBIT MODEL APPLICATION ON THE DETERMINANTS OF R&D EFFICIENCY
Trakya Üniversitesi Sosyal Bilimler Dergisi
research-development
efficiency
malmquist total factor productivity index
tobit model.
author_facet Eda Bozkurt
Özlem Topçuoğlu
author_sort Eda Bozkurt
title A TOBIT MODEL APPLICATION ON THE DETERMINANTS OF R&D EFFICIENCY
title_short A TOBIT MODEL APPLICATION ON THE DETERMINANTS OF R&D EFFICIENCY
title_full A TOBIT MODEL APPLICATION ON THE DETERMINANTS OF R&D EFFICIENCY
title_fullStr A TOBIT MODEL APPLICATION ON THE DETERMINANTS OF R&D EFFICIENCY
title_full_unstemmed A TOBIT MODEL APPLICATION ON THE DETERMINANTS OF R&D EFFICIENCY
title_sort tobit model application on the determinants of r&d efficiency
publisher Trakya University
series Trakya Üniversitesi Sosyal Bilimler Dergisi
issn 1305-7766
2587-2451
publishDate 2019-08-01
description The scarcity of resources obliges them to adapt to innovation to achieve steady growth of countries. The source of innovation is research and development activities. The aim of this study is to reveal the determinants of the effectiveness of research and development. 1996-2014 period data of 16 OECD countries were used in the study. Firstly, the efficiency values of research and development were calculated by Data Envelopment Analysis Method and then Total Factor Productivity, which is considered to be the determinant of the effectiveness of research and development, was obtained. Malmquist Index Method was used in Total Factor Productivity calculations. In the final stage of the study, Tobit Model in which the efficiency values of research and development are used as dependent variables was estimated. Total factor productivity calculated, energy consumption and foreign direct investment data were used as independent variable. According to Tobit model estimation results, it was determined that total factor productivity and energy consumption variables have a directed line effect on the efficiency of research and development, while foreign direct investment has a back line effect on the efficiency of research and development.
topic research-development
efficiency
malmquist total factor productivity index
tobit model.
url https://dergipark.org.tr/tr/download/article-file/782960
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