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215940

Using Econometric Models to Estimate the Relationship between Nanotechnology and the Added Value of Manufacturing

Article

Last updated: 28 Dec 2024

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Abstract

This study aims to use the panel models to estimate the impact of 
nanotechnology on economic growth represented in this study by the 
added value of manufacturing, by clarifying between the three models 
represented by the pooled regression model, the fixed effects model, and 
the random effects model. The Haussmann criterion was based on 
choosing the best model by studying two independent variables that affect 
technology. The study included two economic sectors, namely, the 
manufacturing sector and the scientific research sector related to 
nanotechnology, for the period from 2000 to 2022. The study concluded 
that the fixed effects model is better than the pooled regression model and 
the random effects in estimating the relationship between research 
variables related to nanotechnology and industrial development. The study 
concluded that there is a strong positive statistically significant 
relationship between nanotechnology and the added value of 
manufacturing.

DOI

10.21608/ijmsbe.2021.215940

Keywords

pooled regression model, Fixed effects model, Random Effects Model, Value Added, Nanotechnology, industry, African countries

Authors

First Name

Abeer

Last Name

Mohamed Abdel Razek Youssef

MiddleName

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Affiliation

Department of Applied Statistics and Econometrics Institute of Statistical Studies and Research

Email

sandydaib@gmail.com

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Orcid

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Volume

4

Article Issue

1

Related Issue

26984

Issue Date

2021-06-01

Receive Date

2022-01-27

Publish Date

2021-06-01

Page Start

124

Page End

139

Print ISSN

2735-5438

Online ISSN

2735-5446

Link

https://ijmsbe.journals.ekb.eg/article_215940.html

Detail API

https://ijmsbe.journals.ekb.eg/service?article_code=215940

Order

215,940

Type

Original Article

Type Code

1,998

Publication Type

Journal

Publication Title

International Journal of Multidisciplinary Studies on Management, Business, and Economy

Publication Link

https://ijmsbe.journals.ekb.eg/

MainTitle

Using Econometric Models to Estimate the Relationship between Nanotechnology and the Added Value of Manufacturing

Details

Type

Article

Created At

23 Jan 2023