View More View Less
  • 1 Science and Technology Policy Research and Information Centre (STPI), 16F No. 106, Sec. 2, Heping E. Road, Taipei, Taiwan
  • 2 Taiwan Institute of Economic Research (TIER), No. 16-8, Dehuei Street, Jhongshan District, Taipei, Taiwan
  • 3 Graduate Institute of Industrial Economics, National Central University, No. 300, Jung-da Rd., Jung-li City, Taoyuan, Taiwan
Restricted access

Abstract

The correlation between GDP and research publications is an important issue in scientometrics. This article provides further empirical evidence connecting revealed comparative advantage in national research with effects on economic productivity. Using quantitative time series analysis, this study attempts to determine the nature of causal relationships between research output and economic productivity. One empirical result is that there is mutual causality between research and economic growth in Asia, whereas in Western countries the causality is much less clear. The results may be of use to underdeveloped nations deciding how to direct their academic investment and industry policy.

  • Akaike, H. (1973). Information theory and an extension of the maximum likelihood principle. In B. N. Petrov & F. Csaki (eds.), Proceedings of the second international symposium on information theory, pp. 267281.

    • Search Google Scholar
    • Export Citation
  • Archibugi, D, Coco, A 2004 A new indicator of technological capabilities for developed and developing countries (ArCo). World Development 32:629654 .

    • Crossref
    • Search Google Scholar
    • Export Citation
  • Chuang, YW, Lee, LC, Hung, WC, Lin, PH 2010 Forgoing into the innovation lead—A comparative analysis of scientific capacity. International Journal of Innovation Management 14 3 511529 .

    • Crossref
    • Search Google Scholar
    • Export Citation
  • Desai, M, Fukuda-Parr, S, Johansson, C, Sagasti, F 2002 Measuring the technology achievement of nations and capacity to participate in the network age. Journal of Human Development 3 1 95122 .

    • Crossref
    • Search Google Scholar
    • Export Citation
  • Dickey, DA, Fuller, WA 1979 Distribution of the estimators for autoregressive time series with a unit root. Journal of the American Statistical Association 74:427431 .

    • Crossref
    • Search Google Scholar
    • Export Citation
  • Dickey, DA, Fuller, WA 1981 Likelihood ratio statistics for autoregressive time series with a unit root. Econometrica 49:10571072 .

  • Dodgson, M 2000 Policies for science, technology, and innovation in Asian newly industrializing economies L Kim R Nelson eds. Technology, learning, and innovation: Experiences of newly industrializing economies Cambridge University Press New York.

    • Search Google Scholar
    • Export Citation
  • Granger, CWJ 1980 Testing for causality: A personal viewpoint. Journal of Economic Dynamics and Control 2:329352 .

  • Granger, CWJ, Newbold, P 1974 Spurious regressions in econometrics. Journal of Econometrics 2:111120 .

  • Green, W. (2003). Econometric analysis (5th ed). Prentic Hall.

  • Hobday, M 2000 East versus Southeast Asian Innovation System: Comparing OEM—And TNCled growth in electronics L Kim R Nelson eds. Technology, learning, and innovation: Experiences of newly industrializing economies Cambridge University Press New York.

    • Search Google Scholar
    • Export Citation
  • Hung, WC, Lee, LC, Tsai, MH 2009 An international comparison of relative contribution to academic productivity. Scientometrics 81 3 703718 .

  • Kealey, T 1996 The economic laws of scientific research St. Martin's Press New York.

  • King, DA 2004 The scientific impact of nations. What different countries get for their research spending. Nature 430:311316 .

  • Marsh, I. (1997). Economic governance in industrialising Asia: Structure, comparisons and impact. Sydney: Australian Graduate School of Management Working Paper, pp. 97017.

    • Search Google Scholar
    • Export Citation
  • Mathew, J 1996 High technology industrialisation in East Asia. Journal of Industry Studies 3 2 167 .

  • Price, DS 1978 Toward a model for science indicators Y Elkana GJ Lederber RK Merton A Thackray H Zuckerman eds. Toward a metric of science: the advent of science indicators John Wiley & Sons New York 6995.

    • Search Google Scholar
    • Export Citation
  • Rai, LP, Lal, K 2000 Indicators of the information revolution. Technology in Society 22:221235 .

  • Schwarz, G 1978 Estimating the dimension of a model. The Annals of Statistics 6 2 461464 .

  • Vinkler, P 2006 Composite scientometrics indicators for evaluating publications of research institutes. Scientometrics 68:629642 .

  • Vinkler, P 2008 Correlation between the structure of scientific research, scientometric indicators and GDP in EU and non-EU countries. Scientometrics 74:237254 .

    • Crossref
    • Search Google Scholar
    • Export Citation