نوع مقاله : علمی- پژوهشی
نویسندگان
1 استاد گروه اقتصاد دانشکده علوم اجتماعی و اقتصادی، دانشگاه الزهرا، تهران، ایران
2 گروه مدیریت، واحد تهران شرق، دانشگاه آزاد اسلامی، تهران، ایران
چکیده
کلیدواژهها
عنوان مقاله [English]
نویسندگان [English]
the present study, using a panel data approach and the generalized moments method, has examined the mutual impact of financial development and economic freedom indicators on total factor productivity in two groups of selected developed and developing science-producing countries during the period 2000-2021. Based on the estimated results, the impact of financial market depth, financial market efficiency, and access to financial markets on total factor productivity in selected developing and developed science-producing countries is positive and significant with different estimated coefficients. Of course, the estimated coefficients obtained for the selected developing countries are larger than those for the selected developed science-producing countries. Also, the interaction effect of economic freedom and the three financial development indicators on total factor productivity in both groups of selected science-producing countries is positive and significant. Of course, their interaction coefficients are larger than their individual effect coefficients. In addition, the effect of domestic research and development indicators and human capital as control variables on total factor productivity in both groups of selected science-producing countries is positive and significant with different statistical coefficients.
کلیدواژهها [English]
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