Economics, Econometrics and Finance
5 years ago

Government R&D spending in Germany boosts economic growth and reduces unemployment.

Tikrit Journal Of Administrative and Economic Sciences
Measuring and Analyzing the Impact of Expenditure on R & D in Economic Growth in Germany during the Period (2000-2015)
Menem Ahmed Khudair

Paper Summary

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The article examines how spending on research and development in Germany from 2000 to 2015 impacted economic growth. The study found that government investment in R&D led to lower unemployment rates, higher GDP, increased income per person, and more capital formation. Overall, the research shows a strong link between government spending on R&D and achieving economic growth and development in Germany.