Does research and development expenditure cointegrate with the gross national income of ASEAN countries?
In order to successfully transform into a knowledge economy and eradicate poverty, many ASEAN countries have allocated a considerable amount of their yearly expenditures in research and development over the last decade. The objective of this paper is to examine the long-run relationship between rese...
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| Format: | Article |
| Language: | English |
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Serials Publications
2016
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| Online Access: | http://ir.unimas.my/id/eprint/14471/ http://ir.unimas.my/id/eprint/14471/2/Does%20research%20-%20Copy.pdf |
| _version_ | 1848837656567349248 |
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| author | Fennee, Chong Liew, Venus Khim-Sen Rosita, Suhaimi |
| author_facet | Fennee, Chong Liew, Venus Khim-Sen Rosita, Suhaimi |
| author_sort | Fennee, Chong |
| building | UNIMAS Institutional Repository |
| collection | Online Access |
| description | In order to successfully transform into a knowledge economy and eradicate poverty, many ASEAN countries have allocated a considerable amount of their yearly expenditures in research and development over the last decade. The objective of this paper is to examine the long-run relationship between research and development expenditure and gross national income of five major ASEAN countries - Thailand, Malaysia, Singapore, Indonesia and Philippines. The results of a cross-country panel data analysis performed in this study suggest that there is a long-run cointegration relationship between these two variables. Findings imply that higher research and development expenditure has a favorable impact on the long-run prosperity of these countries. |
| first_indexed | 2025-11-15T06:43:08Z |
| format | Article |
| id | unimas-14471 |
| institution | Universiti Malaysia Sarawak |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T06:43:08Z |
| publishDate | 2016 |
| publisher | Serials Publications |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | unimas-144712022-05-25T03:11:23Z http://ir.unimas.my/id/eprint/14471/ Does research and development expenditure cointegrate with the gross national income of ASEAN countries? Fennee, Chong Liew, Venus Khim-Sen Rosita, Suhaimi HG Finance In order to successfully transform into a knowledge economy and eradicate poverty, many ASEAN countries have allocated a considerable amount of their yearly expenditures in research and development over the last decade. The objective of this paper is to examine the long-run relationship between research and development expenditure and gross national income of five major ASEAN countries - Thailand, Malaysia, Singapore, Indonesia and Philippines. The results of a cross-country panel data analysis performed in this study suggest that there is a long-run cointegration relationship between these two variables. Findings imply that higher research and development expenditure has a favorable impact on the long-run prosperity of these countries. Serials Publications 2016 Article PeerReviewed text en http://ir.unimas.my/id/eprint/14471/2/Does%20research%20-%20Copy.pdf Fennee, Chong and Liew, Venus Khim-Sen and Rosita, Suhaimi (2016) Does research and development expenditure cointegrate with the gross national income of ASEAN countries? International Journal of Economic Research, 13 (3). pp. 1231-1237. ISSN 09729380 https://www.scopus.com/inward/record.uri?eid=2-s2.0-84994339402&partnerID=40&md5=09e95416d74cb3826d3013f8f1c5b181 |
| spellingShingle | HG Finance Fennee, Chong Liew, Venus Khim-Sen Rosita, Suhaimi Does research and development expenditure cointegrate with the gross national income of ASEAN countries? |
| title | Does research and development expenditure cointegrate with the gross national income of ASEAN countries? |
| title_full | Does research and development expenditure cointegrate with the gross national income of ASEAN countries? |
| title_fullStr | Does research and development expenditure cointegrate with the gross national income of ASEAN countries? |
| title_full_unstemmed | Does research and development expenditure cointegrate with the gross national income of ASEAN countries? |
| title_short | Does research and development expenditure cointegrate with the gross national income of ASEAN countries? |
| title_sort | does research and development expenditure cointegrate with the gross national income of asean countries? |
| topic | HG Finance |
| url | http://ir.unimas.my/id/eprint/14471/ http://ir.unimas.my/id/eprint/14471/ http://ir.unimas.my/id/eprint/14471/2/Does%20research%20-%20Copy.pdf |