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Ar-Ge Etkinliğinin Belirleyicileri Üzerine Bir Tobit Model Uygulaması
(Trakya Üniversitesi, 2019) Bozkurt, Eda; Topçuoğlu, Özlem
The scarcity ofresources obliges them to adapt to innovation to achieve steady growth ofcountries. The source of innovation is research and development activities. Theaim of this study is to reveal the determinants of the effectiveness ofresearch and development. 1996-2014 period data of 16 OECD countries were usedin the study. Firstly, the efficiency values of research and development werecalculated by Data Envelopment Analysis Method and then Total FactorProductivity, which is considered to be the determinant of the effectiveness ofresearch and development, was obtained. Malmquist Index Method was used inTotal Factor Productivity calculations. In the final stage of the study, TobitModel in which the efficiency values of research and development are used asdependent variables was estimated. Total factor productivity calculated, energyconsumption and foreign direct investment data were used as independentvariable. According to Tobit model estimation results, it was determined thattotal factor productivity and energy consumption variables have a directed lineeffect on the efficiency of research and development, while foreign directinvestment has a back line effect on the efficiency of research anddevelopment.