Investice do vědy a výzkumu a produktivita práce v MSP v eurozóně
ČlánekStatus neznámýpeer-reviewedpublishedSoubory
Datum publikování
2019
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Vydavatel
Univerzita Pardubice
Abstrakt
The paper contributes to the existing literature through analysis of
relationship between labour productivity and government spending on research and
development in the eurozone countries as a whole. In particular, small and medium
enterprises should aim to increase the labour productivity and use the possibilities of
funding from the structural funds.
The purpose of this paper is to empirically investigate the relationship between labour
productivity and government spending on research and development in the eurozone. In
particular, its purpose is to investigate this relationship in the case of small and medium
enterprises. By utilizing causality tests and error correction models, the results suggest
that support of research and development is the cause of labour productivity growth in
the long-term period. However, for the short-term period changes in labour productivity
precede changes in government spending on research and development. Based on the
findings, the study has several theoretical and practical implications.
The data sources were the Eurostat database. The data used have the character of
annual time series in the period between 2004 and 2016. GRETL software was used for
the calculations.
Rozsah stran
p. 101 - 112
ISSN
1211-555X (Print)
1804-8048 (Online)
1804-8048 (Online)
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Zdrojový dokument
Scientific papers of the University of Pardubice. Series D, Faculty of Economics and Administration. 45/2019
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Klíčová slova
ECM model, eurozone, Granger causality, Labour productivity, R&D, SME, Solow model, VAR Model