The Effect of Governance on the Relationship Between Research and Development Expenditure and Economic Growth in South Africa

The Effect of Governance on the Relationship Between Research and Development Expenditure and Economic Growth in South Africa

This study analyzes the effects of governance on the relationship between research and development expenditure and economic growth in South Africa using annual data from 1997 to 2022 using an autoregressive distributed lag (ARDL) model. The calculated F-tests for the two models in the ARDL bounds te...

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Bibliographic Details
Main Authors: Clarietta Chagwiza, Emmanuel Owusu-Sekyere, Farai Kapfudzaruwa
Format: Article
Language:English
Published: MDPI AG 2024-11-01
Series:Economies
Subjects:
autoregressive distributed lag (ARDL)
economic growth
research and development expenditure
governance
South Africa
Online Access:https://www.mdpi.com/2227-7099/12/12/324
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