Özet:

Technology is of great importance not only at the scale of sectors or companies, but also for countries. However, it is seen as a serious influencing variable in determining the level of development. Technological developments have a great role in terms of the driving force of growth, especially for emerging economies. The aim of this study is to analyze the impact of technological developments on growth in emerging economies and try to find them with the help of panel cointegration method. As a result of the analysis, the long-term relationships of the variables were determined. Looking at long-term coefficient estimates, statistically a significant relationship emerged on R&D and PA variable on GDP. In this respect, the R&D variable increases the GDP variable by 26.8%. On the other hand, the PA variable increases the GDP variable by 20,5%. Finally, causality from R&D and PA variables to GDP was found to be one-way causality.

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