정부와 민간의 R&D투자 및 국민소득간의 인과관계 분석: 한.미.일 국제비교

The Granger Causality Analysis on R&D Investment of Government and Private Sectors and Gross Domestic Product: The Cases of Korea, U.S. and Japan

  • 김선근 (대전대학교 국제무역통상학과) ;
  • 오완근 (한국외국어대학교 경제학과)
  • 발행 : 2004.08.01

초록

In this paper we: (1) analyze the relationship among public R&D investment, private R&D investment, and GDP by employing the Clangor causality test; (2) examine if there is any country-specific pattern in the relationship by testing the cases of Korea, the U.S. and Japan. We found some common results for the above countries as follows: (i) GDP causes Public R&D, not vice versa; (ii) Private R&D causes GDP; and (iii) Public R&D does not cause Private R&D. For the bivariate model of GDP and total R&D, the results show the existence of one-way causality running from total R&D to GDP f3r both U.S. and Japan. We also found bidirectional causal relationship between GDP and total R&D for Korea, which could be interpreted as a typical pattern for newly industrialized countries.

키워드

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