@article{ijefm2014212,
author={{Sadraoui, Tarek and Ali, Tarek Ben and Deguachi, Bechir},
title={Economic Growth and International R&D Cooperation: A Panel Granger Causality Analysis},
journal={International Journal of Econometrics and Financial Management},
volume={2},
number={1},
pages={7--21},
year={2014},
url={http://pubs.sciepub.com/ijefm/2/1/2},
abstract={This paper will investigate the Granger causality between R&D cooperation and economic growth in 32 industrial and developing countries from 1970 to 2012. We use an innovative econometric method which is based on a panel test of the Granger non causality hypothesis. Using a new method to evaluate causality in a heterogeneous panel, we find that the causal relationship from R&D cooperation to economic growth is homogeneous among the panel. However, we find strong evidence of a heterogeneity of the causal relationship from economic growth to R&D cooperation in our sample. Results provide support for a robust causality relationship from economic growth to R&D cooperation. On the contrary, the non causality hypothesis from R&D cooperation to economic growth can¡¯t be rejected in most of the cases. However, these results only imply that, if such a relationship exists, it can¡¯t be easily identified in a simply bi-variate Granger causality test.},
doi={10.12691/ijefm-2-1-2}
publisher={Science and Education Publishing}
}