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Submitted December 19, 2025
Published 2025-12-23

Artículos

Vol. 6 (2026): DÉconomía

Science, technology, and economic development:: a correlational analysis in Panama


DOI https://doi.org/10.48204/2710-7744.9059

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References
DOI: 10.48204/2710-7744.9059

Published: 2025-12-23

How to Cite

M. Jiménez , B., & Ramos D , J. (2025). Science, technology, and economic development:: a correlational analysis in Panama. D´Economía, 6, 252–263. https://doi.org/10.48204/2710-7744.9059

Abstract

Investment in science and technology is a key element for driving economic growth and sustainable development. This study analyzes the relationship between investment in science and technology (R&D) and Panama's Gross Domestic Product (GDP) during 2000-2020. A correlational design was applied through simple linear regression, using Econometric Views as a statistical tool. Data were obtained from Panama's National Institute of Statistics and Census. Results indicate a moderate positive relationship between both variables (R = 0.73, R² = 0.54), confirming that investment in science and technology explains 54% of GDP variability. However, this moderate association suggests the need to incorporate additional variables in future research to expand understanding of the phenomenon.