Document Type : Research Article
Authors
1
Department of Economics, Faculty of Social and Economic Sciences, Al-Zahra University (SA)
2
Department of Economics, Faculty of Social and Economic Sciences, AlZahra University
10.22084/aes.2025.31417.3819
Abstract
Total factor productivity is one of the key indicators of long-term economic growth and indicates the efficiency of using production inputs in the production process. Improving total factor productivity not only leads to sustainable economic growth, but also plays a very decisive role in increasing international competitiveness. Thus, improving total factor productivity as a driving force for sustainable economic growth has always been one of the main concerns of policymakers and economic researchers. This study, focusing on the role of domestic R&D accumulation, technology spillovers through R&D of trading partners, human capital, property rights, and economic freedom, seeks to explain the mechanisms affecting the total factor productivity of selected developing countries in the period 2011-2022. According to the research findings, the variables of domestic R&D accumulation have a positive and insignificant effect, and foreign R&D spillovers, property rights, and economic freedom have a positive and significant effect on factor productivity. Also, the interactive effect of property rights and domestic research and development on total factor productivity was positive and significant.
Total factor productivity is one of the key indicators of long-term economic growth and indicates the efficiency of using production inputs in the production process. Improving total factor productivity not only leads to sustainable economic growth, but also plays a very decisive role in increasing international competitiveness. Thus, improving total factor productivity as a driving force for sustainable economic growth has always been one of the main concerns of policymakers and economic researchers. This study, focusing on the role of domestic R&D accumulation, technology spillovers through R&D of trading partners, human capital, property rights, and economic freedom, seeks to explain the mechanisms affecting the total factor productivity of selected developing countries in the period 2011-2022. According to the research findings, the variables of domestic R&D accumulation have a positive and insignificant effect, and foreign R&D spillovers, property rights, and economic freedom have a positive and significant effect on factor productivity. Also, the interactive effect of property rights and domestic research and development on total factor productivity was positive and significant.
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