Economic Freedom and Research and Development (R&D): Study based on different income level on developing countries

DOI

10.2991/iceb-15.2015.56How to use a DOI?

Keywords

Economic Freedom, Domestic Research and Development; International Research and Development; Panel Dynamic Ordinary Least Square (P-DOLS); Developing countries

Abstract

This researchs stress on three important issues of economic freedom, domestic and international research and Development (R&D) and productivity growth by using Panel Dynamic Ordinary Least Square (P-DOLS) proposed by Stock and Watson (1993) in estimating 37 selected developing countries that classified based on income level for the time period 2000 to 2010. To encourage domestic and international R&D activities, host and home countries must have a ‘good’ institution like economic freedom. The main focus of this study is on economic freedom that we examine the role of economic freedom as a mediating factor of domestic and international R&D on productivity growth based on different income level on developing countries. The findings indicate that there are mixed results that show positive and negative relationship of the role economic freedom as mediating factor on domestic and international R&D on productivity growth

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - NurNadia Nordin
AU  - NurHaiza Nordin
AU  - Nik Madeeha Nik Mohd Munir
PY  - 2015/05
DA  - 2015/05
TI  - Economic Freedom and Research and Development (R&D): Study based on different income level on developing countries
BT  - Proceedings of the International Conference on Economics and Banking 2015
PB  - Atlantis Press
SP  - 399
EP  - 410
SN  - 2352-5428
UR  - https://doi.org/10.2991/iceb-15.2015.56
DO  - 10.2991/iceb-15.2015.56
ID  - Nordin2015/05
ER  -