The application of models of panel data analysis for the estimation of the volume of innovative goods, works and services in the Russian Federation
Abstract
The application of models of panel data analysis for the estimation of the volume of innovative goods, works and services in the Russian Federation
Incoming article date: 17.02.2017This article deals with the carrying out of econometric analysis by means of panel data models (pooled model, fixed effects model) of the volume of innovative goods, works and services in the Russian Federation (RF) from 2010 up to 2014 years. The dependence has been revealed between the volume of innovative goods, works, services and such explanatory factors as the number of personnel involved in scientific research and development; internal expenses for the scientific researched and development of the Russian Federation; used advanced manufacturing technologies; coefficient of inventive activity; innovation activity of organizations.
Keywords: econometric analysis, panel data, innovation, science, integrated model of panel data (pooled model), a model of panel data with fixed effects (fixed effects model)