Evaluation of Relative R&D-led Growth with Specific Reference to Heterogeneous Time-varying R&D Decision: A Novel Approach

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dc.contributor.authorDoruk, Ömer Tuğsal
dc.date.accessioned2025-01-06T17:30:15Z
dc.date.available2025-01-06T17:30:15Z
dc.date.issued2023
dc.description.abstractThe relationship between R&D expenditures and firm growth is examined for a cross-country firm-level dataset for the EU countries in the period from 1989 to 2019. A panel dynamic average treatment effect is estimated using a panel time-varying dynamic difference-indifferences model. The methodology can be counted as novel. The results show a positive and significant relationship between R&D and firm growth within the first five years of R&D investment in the 22 EU countries, over 700 firms and 30 years. The main novelty of the present study comes from examining the time-varying effect of R&D expenditures on firm growth for manufacturing firms in EU countries. © 2023, University of Economics - Prague. All rights reserved.
dc.identifier.doi10.18267/j.pep.832
dc.identifier.endpage291
dc.identifier.issn1210-0455
dc.identifier.issue3
dc.identifier.scopus2-s2.0-85166118110
dc.identifier.scopusqualityQ3
dc.identifier.startpage273
dc.identifier.urihttps://doi.org/10.18267/j.pep.832
dc.identifier.urihttps://hdl.handle.net/20.500.14669/1552
dc.identifier.volume32
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherUniversity of Economics - Prague
dc.relation.ispartofPrague Economic Papers
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_20241211
dc.subjectdynamic time-varying difference in differences
dc.subjectEU countries
dc.subjectfirm growth
dc.subjectR&D
dc.subjecttime-varying R&D-led growth
dc.titleEvaluation of Relative R&D-led Growth with Specific Reference to Heterogeneous Time-varying R&D Decision: A Novel Approach
dc.typeArticle

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