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- Title
بررسى اثر تحقيق وتوسعه خارجى بر شاخص رئه اجتماعى دركشورهاى ۵ر حال توسعه منتخب
- Authors
هرى تليائى; محمد حسن فحدرس; محمد هولائى; سيداحييهان حسينى دوست
- Abstract
Higher levels of economic welfare are one of the main aims of countries. Welfare in developing countries is influencedty technology imports. This study investigates the effect of foreign R&D spilloves through imports from G countries on the social welfare of selected developing countries during the period 2000 to 2016 using a panel data, other variables are trade openness, liuman capital, CPI, per capita income, government spending and economic sanctions. Results showed an interactive effect of foreign R&D spillovers with human capital on the social welfare. Shortage of efficient institutions and weakness of property rights and the existence of sanctions in the developing countries under study could explain smallness of the coefficient. Also, government spending and per capita income have a positive and significant effect on social welfare index. In addition, the results showed a negative and significant effect of CPI and trade openness on social welfare index. Finally, the dummy variable of economic sanctions had a negative effect and non significant efect on welfare.
- Subjects
SOCIAL services; ECONOMIC sanctions; PUBLIC spending; DUMMY variables; DEVELOPING countries; PROPERTY rights; CONSUMER price indexes
- Publication
Quarterly Journal of Economic Growth & Development Research, 2022, Vol 12, Issue 46, p47
- ISSN
2228-5954
- Publication type
Article
- DOI
10.30473EDR.2021.57270.6118