KRKOŠKOVÁ, Radmila. INVESTICE DO VĚDY A VÝZKUMU A PRODUKTIVITA PRÁCE V MSP V EUROZÓNĚ (R&D SUBSIDIES AND PRODUCTIVITY IN SMES IN THE EUROZONE). Časopis Scientific Papers of the University of Pardubice – Series D. 2019, vol. 2019, No 1, p. 101-112. ISSN 1211-555X.
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Basic information
Original name INVESTICE DO VĚDY A VÝZKUMU A PRODUKTIVITA PRÁCE V MSP V EUROZÓNĚ
Name (in English) R&D SUBSIDIES AND PRODUCTIVITY IN SMES IN THE EUROZONE
Authors KRKOŠKOVÁ, Radmila (203 Czech Republic, guarantor, belonging to the institution).
Edition Časopis Scientific Papers of the University of Pardubice – Series D, 2019, 1211-555X.
Other information
Original language Czech
Type of outcome Article in a journal
Field of Study 50202 Applied Economics, Econometrics
Country of publisher Czech Republic
Confidentiality degree is not subject to a state or trade secret
WWW URL
RIV identification code RIV/47813059:19520/19:A0000101
Organization unit School of Business Administration in Karvina
Keywords in English ECM model; Eurozone; Granger Causality; Labour Productivity; R&D; SME; Solow Model; VAR Model
Changed by Changed by: Miroslava Snopková, učo 43819. Changed: 17/4/2020 21:49.
Abstract
Jádrem práce je analýza dvou hypotéz, které se týkají vztahu mezi investicemi do vědy a výzkumu (VaV) a produktivitou práce (PP) v malých a středních podnicích (MSP) ve státech eurozóny. Jedná se o MSP v odvětví průmyslu, stavebnictví, obchodu a služeb. Není zde zahrnuto „finanční odvětví“. Cílem práce je přijmout nebo zamítnout tyto hypotézy: H1: existuje dlouhodobý vztah mezi investicemi do vědy a výzkumu a produktivitou práce, H2: existuje krátkodobý vztah mezi investicemi do vědy a výzkumu a produktivitou práce. Tato práce rozšiřuje již existující články o investicích do VaV v závislosti na zvýšení PP.
Abstract (in English)
The paper contributes to the existing literature through analysis of relationship between labour productivity and government spending on research and development in the eurozone countries as a whole. In particular, small and medium enterprises should aim to increase the labour productivity and use the possibilities of funding from the structural funds. The purpose of this paper is to empirically investigate the relationship between labour productivity and government spending on research and development in the eurozone. In particular, its purpose is to investigate this relationship in the case of small and medium enterprises. By utilizing causality tests and error correction models, the results suggest that support of research and development is the cause of labour productivity growth in the long-term period. However, for the short-term period changes in labour productivity precede changes in government spending on research and development. Based on the findings, the study has several theoretical and practical implications. The data sources were the Eurostat database. The data used have the character of annual time series in the period between 2004 and 2016. GRETL software was used for the calculations.
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