The main purpose in this paper is to examine the impact of different public policies on the econo... more The main purpose in this paper is to examine the impact of different public policies on the economic growth in Tunisia between 1990 and 2014. We estimated our basic model by using the ARDL bounds test technique. The econometric analysis gave various images and very interesting results .Our main findings indicate that Tunisian's disappointed economic growth results from bad designed and misguided public policies. This finding provides key insights on policy recommendations for policymakers.
This paper uses the panel vector error-correction model to explore the Granger-causality relation... more This paper uses the panel vector error-correction model to explore the Granger-causality relationships between inflation, innovation and economic growth. This study covers 25 countries classified according to their firms' extent of capacity for innovation between 1990 and 2014. The econometric analysis gave various images and very interesting results concerning the causality links between the variables in the short and long run, especially between the inflation and the two measures of innovation. Including two different innovation indicators offers a rich menu of possible causal patterns. We found that the innovation productivity is more responsive to the inflation in the most innovative countries. However, the innovation funding is more sensitive to the inflation in the less innovative countries. The originality of this study stems from three aspects: First, two measures of innovation are considered—innovation funding and innovation productivity. Second, the causality nature between the inflation and the innovation is not revealed yet in the literature. Third, using panel VEC model to discover the causality link between more than two variables in the short and long run and for two samples is an important contribution and a complicated method.
This paper investigates the innovation capacity driving factors in 11 Euro-Mediterranean countrie... more This paper investigates the innovation capacity driving factors in 11 Euro-Mediterranean countries for the period 2000–2012. The countries are chosen according to its capacity for innovation index and the availability of statistics. Our robust estimation is based on the one-step system generalized method of moments (GMM). We found that the most of hypothesis elaborated in the context of developed and emerging countries do not fit with the context of the less innovative countries as they are not knowledge-based economies. The economic growth, the foreign investment (FDI), and the employment in R&D are positive factors that foster the innovation. However, the labor force with tertiary education, the wages, the private funding of R&D, the financial development, and the technological infrastructure are negative factors that deter the innovation. Moreover, this study bridges a gap in the extant literature by examining the main determinants of the innovation capacity in the developing countries located in the same region. Neither this sample of the countries nor this time period has been the subject of investigation by other researchers in the literature.
This paper aims to analyze the factors that influence research
investment in the Mediterranean re... more This paper aims to analyze the factors that influence research investment in the Mediterranean region. We used a robust fixed effects model to analysis a panel of 22 countries for the period 2000-2012. The results showed that the FDI, the high technology export, the human capital devoted to research, intermediate and final production sectors, are significant and stimulate the Southern innovative capacity. The private R&D is a substitution to public R&D. The private returns exceed its social returns to R&D since Southern governments don’t invest too much like private firms in the innovative activities. The role of foreign institutions and international organizations is almost nonexistent in financing the southern research investments. The salaries don’t motivate the researchers and Scientifics since it has a negative effect on the R&D. The imports, the active population, the inflation, the technology infrastructure, the patent production have no effective contributions to the investment in the R&D in the Southern Mediterranean countries.
The main purpose in this paper is to examine the impact of different public policies on the econo... more The main purpose in this paper is to examine the impact of different public policies on the economic growth in Tunisia between 1990 and 2014. We estimated our basic model by using the ARDL bounds test technique. The econometric analysis gave various images and very interesting results .Our main findings indicate that Tunisian's disappointed economic growth results from bad designed and misguided public policies. This finding provides key insights on policy recommendations for policymakers.
This paper uses the panel vector error-correction model to explore the Granger-causality relation... more This paper uses the panel vector error-correction model to explore the Granger-causality relationships between inflation, innovation and economic growth. This study covers 25 countries classified according to their firms' extent of capacity for innovation between 1990 and 2014. The econometric analysis gave various images and very interesting results concerning the causality links between the variables in the short and long run, especially between the inflation and the two measures of innovation. Including two different innovation indicators offers a rich menu of possible causal patterns. We found that the innovation productivity is more responsive to the inflation in the most innovative countries. However, the innovation funding is more sensitive to the inflation in the less innovative countries. The originality of this study stems from three aspects: First, two measures of innovation are considered—innovation funding and innovation productivity. Second, the causality nature between the inflation and the innovation is not revealed yet in the literature. Third, using panel VEC model to discover the causality link between more than two variables in the short and long run and for two samples is an important contribution and a complicated method.
This paper investigates the innovation capacity driving factors in 11 Euro-Mediterranean countrie... more This paper investigates the innovation capacity driving factors in 11 Euro-Mediterranean countries for the period 2000–2012. The countries are chosen according to its capacity for innovation index and the availability of statistics. Our robust estimation is based on the one-step system generalized method of moments (GMM). We found that the most of hypothesis elaborated in the context of developed and emerging countries do not fit with the context of the less innovative countries as they are not knowledge-based economies. The economic growth, the foreign investment (FDI), and the employment in R&D are positive factors that foster the innovation. However, the labor force with tertiary education, the wages, the private funding of R&D, the financial development, and the technological infrastructure are negative factors that deter the innovation. Moreover, this study bridges a gap in the extant literature by examining the main determinants of the innovation capacity in the developing countries located in the same region. Neither this sample of the countries nor this time period has been the subject of investigation by other researchers in the literature.
This paper aims to analyze the factors that influence research
investment in the Mediterranean re... more This paper aims to analyze the factors that influence research investment in the Mediterranean region. We used a robust fixed effects model to analysis a panel of 22 countries for the period 2000-2012. The results showed that the FDI, the high technology export, the human capital devoted to research, intermediate and final production sectors, are significant and stimulate the Southern innovative capacity. The private R&D is a substitution to public R&D. The private returns exceed its social returns to R&D since Southern governments don’t invest too much like private firms in the innovative activities. The role of foreign institutions and international organizations is almost nonexistent in financing the southern research investments. The salaries don’t motivate the researchers and Scientifics since it has a negative effect on the R&D. The imports, the active population, the inflation, the technology infrastructure, the patent production have no effective contributions to the investment in the R&D in the Southern Mediterranean countries.
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Papers by ramzi ram
investment in the Mediterranean region. We used a robust fixed effects
model to analysis a panel of 22 countries for the period 2000-2012. The
results showed that the FDI, the high technology export, the human capital
devoted to research, intermediate and final production sectors, are
significant and stimulate the Southern innovative capacity. The private R&D
is a substitution to public R&D. The private returns exceed its social returns
to R&D since Southern governments don’t invest too much like private
firms in the innovative activities. The role of foreign institutions and
international organizations is almost nonexistent in financing the southern
research investments. The salaries don’t motivate the researchers and
Scientifics since it has a negative effect on the R&D. The imports, the
active population, the inflation, the technology infrastructure, the patent
production have no effective contributions to the investment in the R&D
in the Southern Mediterranean countries.
investment in the Mediterranean region. We used a robust fixed effects
model to analysis a panel of 22 countries for the period 2000-2012. The
results showed that the FDI, the high technology export, the human capital
devoted to research, intermediate and final production sectors, are
significant and stimulate the Southern innovative capacity. The private R&D
is a substitution to public R&D. The private returns exceed its social returns
to R&D since Southern governments don’t invest too much like private
firms in the innovative activities. The role of foreign institutions and
international organizations is almost nonexistent in financing the southern
research investments. The salaries don’t motivate the researchers and
Scientifics since it has a negative effect on the R&D. The imports, the
active population, the inflation, the technology infrastructure, the patent
production have no effective contributions to the investment in the R&D
in the Southern Mediterranean countries.