Abstract
Scientific output is one of the important determinants of economic development in countries around the world. The extremely high scientific productivity of developing countries can be corrected by increased funding as investment on publications and also as a measure of scientific output. The purpose of the present paper is to examine the casual relationship between scientific output and GDP in 176 countries from both developing as well as developed countries. Our findings based on estimated regression models using a panel data for the periods 1996-2007 indicate that except in poor countries, there is a two-way and positive relationship between scientific output and GDP.
Highlights
The comparison between the Gross domestic product (GDP) and scientific publication statistics provides useful and new information
When we talk about industry and development, the influence can be on GDP and it is rather obvious that richer countries are able to invest more resources in science and account for the largest number of publications (Holmgren & Schnitzer, 2004)
We will be discussed to the investigation of interaction between scientific output and GDP that is firm to this assumption that exist the positive and significant relation between scientific output and GDP
Summary
The comparison between the GDP and scientific publication statistics provides useful and new information. When we talk about industry and development, the influence can be on GDP and it is rather obvious that richer countries are able to invest more resources in science and account for the largest number of publications (Holmgren & Schnitzer, 2004). We will be discussed to the investigation of interaction between scientific output and GDP that is firm to this assumption that exist the positive and significant relation between scientific output and GDP. It seems (that) developed countries have higher scientific output in comparison with developing countries. We can understand the differences between qualifications and approaches in these two groups of countries
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