Analysis of the Effect of R&D Tax Incentives on Economic Growth with Bootstrap Panel Causality Test


OLUKLULU S., ÇAKIR T.

SOSYOEKONOMI, cilt.33, sa.65, ss.569-586, 2025 (ESCI, TRDizin) identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 33 Sayı: 65
  • Basım Tarihi: 2025
  • Doi Numarası: 10.17233/sosyoekonomi.2025.03.25
  • Dergi Adı: SOSYOEKONOMI
  • Derginin Tarandığı İndeksler: Emerging Sources Citation Index (ESCI), TR DİZİN (ULAKBİM)
  • Sayfa Sayıları: ss.569-586
  • Anadolu Üniversitesi Adresli: Evet

Özet

This study aims to explain the rationale for government intervention in R&D activities within the framework of market failure theory and to examine whether there is a causal relationship between the tax incentives given to R&D activities and countries' economic growth. K & oacute;nya Bootstrap panel causality analysis was reviewed on the relationship between R&D tax incentives and economic growth, based on the period between 2008 and 2023 for seven of the OECD countries that provide the most incentives and for T & uuml;rkiye. The study is expected to contribute to the literature on this subject with the current data set used, sample structure and methodology it offers. According to the study results, growth has no causal relationship to R&D tax incentives. A significant causality relationship between R&D tax incentives and growth was determined for Chile, France, the Netherlands, and T & uuml;rkiye, among the countries within the scope of the study.