This study deals with the interaction between innovations and foreign trade across NUTS2 (Nomenclature of Territorial Units for Statistics–2) regions of Turkey during the time period of 2002–2009. The aim of this study is to deal with the effects of innovations on the foreign trade, by...

The Keynesian approach claims that a reduction in average taxes and/or an increase in autonomous government expenditures will stimulate growth in the economy through multiplier effects. The supply side economics, however, considers mainly the necessary cut in effective economy-wide marginal tax...