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A Systems View Across Time and Space

Table 4 Descriptive statistics of the variables

From: Does innovation promote economic growth? Evidence from European countries

Countries

Variables

PAR

PAN

RDE

RRD

THE

STJ

Austria

−0.57/0.03

−1.44/0.07

0.38/0.06

−0.36/0.08

0.68/0.08

−0.24/0.02

Belgium

−1.27/0.05

−1.81/0.13

0.29/0.02

−0.51/0.03

0.85/0.07

−0.20/0.03

Czech Republic

−1.20/0.06

−0.10/0.73

0.08/0.06

−0.75/0.15

−0.69/0.30

−0.53/0.10

Denmark

−0.53/0.04

−1.50/0.08

0.40/0.07

−0.04/0.11

−0.25/0.06

−0.03/0.03

Finland

−0.41/0.07

−1.42/0.16

0.53/0.04

0.13/0.05

0.77/0.15

−0.03/0.01

France

−0.65/0.01

−1.35/0.14

0.34/0.01

−1.29/0.05

0.60/0.05

−0.31/0.01

Germany

−0.24/0.02

−0.86/0.05

0.40/0.03

−1.40/0.05

069/0.12

−0.28/0.02

Greece

−1.40/0.13

−2.57/0.18

−0.24/0.05

−0.85/0.11

−0.35/0.10

−0.47/0.12

Hungary

−1.14/0.04

−1.26/0.80

−0.04/0.09

−0.82/0.11

−1.32/0.25

−0.64/0.04

Ireland

−0.69/0.10

−1.67/0.19

0.11/0.06

−0.20/0.05

1.31/0.14

−0.32/0.10

Italy

−0.86/0.05

−1.74/0.12

0.06/0.05

−1.60/0.07

0.22/0.03

−0.38/0.05

Netherlands

−0.84/0.03

−1.54/0.15

0.28/0.02

−0.75/0.04

0.98/0.06

−0.08/0.03

Norway

−0.60/0.04

−0.15/0.35

0.21/0.02

0.01/0.03

−0.82/0.02

−0.10/0.10

Poland

−1.19/0.07

−1.40/0.57

−0.20/0.05

−1.40/0.03

−0.69/0.30

−0.79/0.08

Portugal

−1.79/0.31

−2.29/0.18

−0.05/0.16

−0.68/0.19

0.05/0.17

−0.62/0.19

Romania

−1.28/0.11

−2.14/0.49

−0.34/0.08

−1.35/0.06

−0.37/0.17

−1.31/0.11

Spain

−1.17/0.05

−2.10/0.18

0.03/0.09

−1.30/0.10

0.03/0.04

−0.40/0.06

Sweden

−0.51/0.12

−1.27/0.17

0.56/0.02

−0.24/0.04

−0.29/0.07

0.03/0.02

United Kingdom

−0.51/0.06

−0.82/0.10

0.24/0.01

−1.24/0.07

0.74/0.12

−0.12/0.01

European panel#

−0.89/0.42

−1.47/0.62

0.16/0.26

−0.79/0.53

0.13/0.74

−0.37/0.34

  1. PAR is number of patents by residents, PAN is number of patents by non-residents, RDE is research and development expenditure, RRD is researchers in research and development activities, HTE is high-technology exports, STJ is scientific and technical journal articles, and GDP is per capita economic growth. Values reported here are natural logs of the variables
  2. #The reported statistics are calculated at the panel level