Measuring The Importance And Efficiency Of Research And Development Expenditures In The Transformation Of Knowledge-based Economies: A Case Study Of The Asean Region

This paper presents an evaluation of the efficient use of public research and development (R&D) expenditure in the ASEAN (Association of Southeast Asian Nations) region by using Data Envelopment Analysis (DEA). The efficiency of public R&D expenditure is measured as a percentage of GDP, b...

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Main Authors: Ibne Afzal, Munshi Naser, Lawrey, Roger
Format: Article
Language:English
Published: Penerbit Universiti Sains Malaysia (USM Press)
Subjects:
Online Access:http://eprints.usm.my/40664/
http://eprints.usm.my/40664/1/Art2.pdf
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author Ibne Afzal, Munshi Naser
Lawrey, Roger
author_facet Ibne Afzal, Munshi Naser
Lawrey, Roger
author_sort Ibne Afzal, Munshi Naser
building USM Institutional Repository
collection Online Access
description This paper presents an evaluation of the efficient use of public research and development (R&D) expenditure in the ASEAN (Association of Southeast Asian Nations) region by using Data Envelopment Analysis (DEA). The efficiency of public R&D expenditure is measured as a percentage of GDP, by considering it as an input to knowledge generation. Two knowledge outputs are considered, namely real GDP growth and high-tech goods export as a percentage of total manufacturing exports. All data are collected from World Development Indicators (2010), World Competitiveness Yearbook (2011) and ASEAN publications. The efficiency results are prepared following both constant returns to scale (CRS) and variable returns to scale (VRS) assumptions. The efficiency scores under CRS suggest that the Philippines and Indonesia were the best performers in 2010 while under VRS, Singapore and Thailand were the most efficient countries in 2010. Special emphasis is placed on how to present the DEA results to government and policy makers in order to provide more policy guidance on how to achieve optimum knowledge output relative to R&D expenditure.
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spelling usm-406642018-05-31T08:52:50Z http://eprints.usm.my/40664/ Measuring The Importance And Efficiency Of Research And Development Expenditures In The Transformation Of Knowledge-based Economies: A Case Study Of The Asean Region Ibne Afzal, Munshi Naser Lawrey, Roger P1-1091 Philology. Linguistics(General) This paper presents an evaluation of the efficient use of public research and development (R&D) expenditure in the ASEAN (Association of Southeast Asian Nations) region by using Data Envelopment Analysis (DEA). The efficiency of public R&D expenditure is measured as a percentage of GDP, by considering it as an input to knowledge generation. Two knowledge outputs are considered, namely real GDP growth and high-tech goods export as a percentage of total manufacturing exports. All data are collected from World Development Indicators (2010), World Competitiveness Yearbook (2011) and ASEAN publications. The efficiency results are prepared following both constant returns to scale (CRS) and variable returns to scale (VRS) assumptions. The efficiency scores under CRS suggest that the Philippines and Indonesia were the best performers in 2010 while under VRS, Singapore and Thailand were the most efficient countries in 2010. Special emphasis is placed on how to present the DEA results to government and policy makers in order to provide more policy guidance on how to achieve optimum knowledge output relative to R&D expenditure. Penerbit Universiti Sains Malaysia (USM Press) Article PeerReviewed application/pdf en http://eprints.usm.my/40664/1/Art2.pdf Ibne Afzal, Munshi Naser and Lawrey, Roger Measuring The Importance And Efficiency Of Research And Development Expenditures In The Transformation Of Knowledge-based Economies: A Case Study Of The Asean Region. International Journal of Asia Pacific Studies (IJAPS), 10 (1). pp. 34-47. ISSN ISSN: 1823-6243 http://ijaps.usm.my/wp-content/uploads/2014/01/Art2.pdf
spellingShingle P1-1091 Philology. Linguistics(General)
Ibne Afzal, Munshi Naser
Lawrey, Roger
Measuring The Importance And Efficiency Of Research And Development Expenditures In The Transformation Of Knowledge-based Economies: A Case Study Of The Asean Region
title Measuring The Importance And Efficiency Of Research And Development Expenditures In The Transformation Of Knowledge-based Economies: A Case Study Of The Asean Region
title_full Measuring The Importance And Efficiency Of Research And Development Expenditures In The Transformation Of Knowledge-based Economies: A Case Study Of The Asean Region
title_fullStr Measuring The Importance And Efficiency Of Research And Development Expenditures In The Transformation Of Knowledge-based Economies: A Case Study Of The Asean Region
title_full_unstemmed Measuring The Importance And Efficiency Of Research And Development Expenditures In The Transformation Of Knowledge-based Economies: A Case Study Of The Asean Region
title_short Measuring The Importance And Efficiency Of Research And Development Expenditures In The Transformation Of Knowledge-based Economies: A Case Study Of The Asean Region
title_sort measuring the importance and efficiency of research and development expenditures in the transformation of knowledge-based economies: a case study of the asean region
topic P1-1091 Philology. Linguistics(General)
url http://eprints.usm.my/40664/
http://eprints.usm.my/40664/
http://eprints.usm.my/40664/1/Art2.pdf