Innovation and economic growth in European Economic Area countries: The Granger causality approach
Material type:
TextDescription: 268-282 pSubject(s):
In:
RAVI aNSHUMAN V. IIMB Management ReviewSummary: The paper examines the long-run relationship between innovation and economic growth in the European Economic Area (EEA) countries for the period 1989–2014. Using vector auto-regressive model for testing the Granger causalities, the study finds the presence of both unidirectional and bidirectional causality between innovation and economic growth. These results vary from country to country, depending upon the types of innovation indicators that are used in the empirical investigation process. The policy implication of this study is that economic policies should recognise the differences in innovation and economic growth in order to maintain sustainable development in EEA countries.
| Item type | Current library | Call number | Vol info | Status | Notes | Date due | Barcode | Item holds | |
|---|---|---|---|---|---|---|---|---|---|
Journal Article
|
Main Library | Vol 31, Issue 3/ 55511085JA5 (Browse shelf(Opens below)) | Available | 55511085JA5 | |||||
Journals and Periodicals
|
Main Library On Display | JRNL/GEN/Vol 31, Issue 3/55511085 (Browse shelf(Opens below)) | Vol 31, Issue 3 (30/01/2019) | Not for loan | September, 2019 | 55511085 |
Browsing Main Library shelves Close shelf browser (Hides shelf browser)
The paper examines the long-run relationship between innovation and economic growth in the European Economic Area (EEA) countries for the period 1989–2014. Using vector auto-regressive model for testing the Granger causalities, the study finds the presence of both unidirectional and bidirectional causality between innovation and economic growth. These results vary from country to country, depending upon the types of innovation indicators that are used in the empirical investigation process. The policy implication of this study is that economic policies should recognise the differences in innovation and economic growth in order to maintain sustainable development in EEA countries.
There are no comments on this title.