The determinants of high technology product export in brict countries: An econometric approach
Article Sidebar
Published
Jan 12, 2017
Main Article Content
Abstract
The aim of this study is to investigate the relationship between R&D expenditures, patent acceptance, openness and high technology product export. For this purpose, using panel FMOLS method, we examined BRICT (Brasil, Russia, India, China, Turkey) countries over the period of 2000-2011. According to the results, in the long run, all variables have positive impact on high technolgy product export. In the light of the findings obtained from the analysis, we present some policy recommendations in the conclusion.
Keywords: HighTechnology Product Export, R&D, Panel FMOLS.
Downloads
Download data is not yet available.
Article Details
Section
Articles
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
References
Anorou, E., & Ahmad, Y. (2000). Openness and Economic Growth: Evidence from Selected ASEAN Countries. Indian Economic Journal, 47(3), 110.
Arrow, K. (1962). Economic Welfare And The Allocation of Resources for Invention The Rate and Direction Of İnventive Activity: Economic And Social Factors. Princeton University Press, 609-626.
Belay S. (2005). Determinants of Levels of High Technology Exports An Empirical Investigation”, Advances in Competitiveness Research, 13(1), 64-79.
Chow, P.C.Y. (1987). Causality Between Export Growth and Industrial Development: Empirial Evidence from the NICs. Journal of Development Economics, 55-63.
Dar, A, Amirkhalkhali, S. (2003). On the Impact of Trade Openness on Growth: Further Evidence from OECD Countries. Applied Economics, 35(16) 1761-1766.
Goçer, İ. (2013). Effects of R&D Expenditures on High Technology Exports, Balance of Foreign Trade and Economic Growth", Maliye Dergisi, 165, 215-240.
Grossman, G, M., Helpman E. (1991). Quality Ladders in the Theory of Growth. Review of Economic Studies, 58, 43-61.
Hobday, M., Cawson A., & Kim, S.R. (2001). Governance of Technology in the Electronics Industries of East and South-East Asia. Technovation, 21(4), 209-226.
Karahan, O. (2015). Intensity of Business Enterprise R&D Expenditure and High-Tech Specification in European Manufacturing Sector. World Conference on Technology, Innovation and Entrepreneurship, 195(3), 806–813.
Keeble, D., & Wilkinson, F. (2000). High-technology Clusters, Networking and Collective Learning in Europe. Ashgate Publishing
Kwan, A,C,C., Cotsomitis J,A. (1991). Economic Growth and the Expanding Export Sector: China 1952–1985. International Economic Journal, 5(1), 105-116.
Levin, A., Chien-Fu L., & Chia-Shang J,C. (2002). Unit Root Tests in Panel Data: Asymptotic and Finite-sample Properties. Journal of econometrics, 108(1), 1-24.
Maddala, G,S., Wu, S. (1999). A Comparative Study of Unit Root Tests with Panel Data and a New Simple Test. Oxford Bulletin of Economics and Statistics, 61(1), 631-652.
Michaely, M. (1977). Exports and Growth: An Empirical Investigation. Journal of Development Economics, 4(1), 49-53.
OECD, (2003). Turning Science Into Business: Patenting and Licensing at Public Research Organizations. Paris, 1-307.
Oskooee, M.B., Brooks, T.J. (1999). Bilateral J-curve Between US and Her Trading Partners. Review of World Economics 135.1, 156-165
Ozel, H. (2012). Kureselleşme Surecinde Ticari ve Finansal Açıklığın Ekonomik Buyume Uzerine Etkisi: Turkiye Orneği. Yonetim Bilimleri Dergisi, 10(19), 1-30.
Ozer, M., & Çiftçi, N. (2009). Relationship Between R&D Expenditures and Exports: A Panel Data Analysis for OECD Countries. Dumlupınar University Journal of Social Science, (23), 39-49.
Pedroni, P. (1999). Critical Values for Cointegration Tests in Heterogeneous Panels with Multiple Regressors. Oxford Bulletin of Economics and Statistics, 61(1), 653-670.
Pedroni, P. (2000). Fully Modıfıed Ols for Heterogeneous Cointegrated Panels. Nonstationary Panels, Panel Cointegration, and Dynamic Panels, 15, 93-130.
Romer, P. (1986). Increasing Returns and Long-run Growth. The Journal of Political Economy, 94(5), 1002-1037.
Romer, P. (1993). Idea Gaps and Object Gaps in Economic Development. Journal Of Monetary Economics, 32(3) 543-573.
Sandalcılar, A.R. (2012). Relationship Between Export and Economic Growth in the BRIC Countries: Panel Cointegration and Panel Causality. Suleyman Demirel University The Journal of faculty of Economics and Administrative Sciences, 17(1), 161-179.
Swift, D. (2006). Human Capital Investment As a Realist Foreign Policy. International Public Policy Review, 2(2), 68-91.
Tiryakioglu, M. (2006). Araştırma Geliştirme - Ekonomik Buyume İlişkisi: Seçilmiş OECD Ulkeleri Uzerine Uygulama. Yuksek Lisans Tezi, Afyon Kocatepe Universitesi Sosyal Bilimler Enstitusu, Afyon.
Unal, T., Seçilmiş, N. (2013). Comparison of Turkey with Developed Countries in Terms of R&D Indicators. İşletme ve İktisat Çalışmaları Dergisi, 1(1), 18.
Verbic, M., Majcen, B, Ivanova, O., Cok, M. (2011). R&D and Economic Growth in Slovenia: A Dynamic General Equilibrium Approach with Endogenous Growth. Panoeconomicus,1, 67-89.
Yeldan, E. (2010). İktisadi Buyume ve Boluşum Teorileri. Efil Yayınevi, 2010.
Yulek, M.A. (1997). İçsel Buyume Teorileri, Gelişmekte Olan Ulkeler ve Kamu Politikaları Uzerine. Hazine Dergisi 6, 1-15.
Xing, Y. (2012). The People’s Republic of China’s High tech Exports: Myth and Reality. ADBI Working Papers, 357, Tokyo: Asian Development Bank Institute.
Arrow, K. (1962). Economic Welfare And The Allocation of Resources for Invention The Rate and Direction Of İnventive Activity: Economic And Social Factors. Princeton University Press, 609-626.
Belay S. (2005). Determinants of Levels of High Technology Exports An Empirical Investigation”, Advances in Competitiveness Research, 13(1), 64-79.
Chow, P.C.Y. (1987). Causality Between Export Growth and Industrial Development: Empirial Evidence from the NICs. Journal of Development Economics, 55-63.
Dar, A, Amirkhalkhali, S. (2003). On the Impact of Trade Openness on Growth: Further Evidence from OECD Countries. Applied Economics, 35(16) 1761-1766.
Goçer, İ. (2013). Effects of R&D Expenditures on High Technology Exports, Balance of Foreign Trade and Economic Growth", Maliye Dergisi, 165, 215-240.
Grossman, G, M., Helpman E. (1991). Quality Ladders in the Theory of Growth. Review of Economic Studies, 58, 43-61.
Hobday, M., Cawson A., & Kim, S.R. (2001). Governance of Technology in the Electronics Industries of East and South-East Asia. Technovation, 21(4), 209-226.
Karahan, O. (2015). Intensity of Business Enterprise R&D Expenditure and High-Tech Specification in European Manufacturing Sector. World Conference on Technology, Innovation and Entrepreneurship, 195(3), 806–813.
Keeble, D., & Wilkinson, F. (2000). High-technology Clusters, Networking and Collective Learning in Europe. Ashgate Publishing
Kwan, A,C,C., Cotsomitis J,A. (1991). Economic Growth and the Expanding Export Sector: China 1952–1985. International Economic Journal, 5(1), 105-116.
Levin, A., Chien-Fu L., & Chia-Shang J,C. (2002). Unit Root Tests in Panel Data: Asymptotic and Finite-sample Properties. Journal of econometrics, 108(1), 1-24.
Maddala, G,S., Wu, S. (1999). A Comparative Study of Unit Root Tests with Panel Data and a New Simple Test. Oxford Bulletin of Economics and Statistics, 61(1), 631-652.
Michaely, M. (1977). Exports and Growth: An Empirical Investigation. Journal of Development Economics, 4(1), 49-53.
OECD, (2003). Turning Science Into Business: Patenting and Licensing at Public Research Organizations. Paris, 1-307.
Oskooee, M.B., Brooks, T.J. (1999). Bilateral J-curve Between US and Her Trading Partners. Review of World Economics 135.1, 156-165
Ozel, H. (2012). Kureselleşme Surecinde Ticari ve Finansal Açıklığın Ekonomik Buyume Uzerine Etkisi: Turkiye Orneği. Yonetim Bilimleri Dergisi, 10(19), 1-30.
Ozer, M., & Çiftçi, N. (2009). Relationship Between R&D Expenditures and Exports: A Panel Data Analysis for OECD Countries. Dumlupınar University Journal of Social Science, (23), 39-49.
Pedroni, P. (1999). Critical Values for Cointegration Tests in Heterogeneous Panels with Multiple Regressors. Oxford Bulletin of Economics and Statistics, 61(1), 653-670.
Pedroni, P. (2000). Fully Modıfıed Ols for Heterogeneous Cointegrated Panels. Nonstationary Panels, Panel Cointegration, and Dynamic Panels, 15, 93-130.
Romer, P. (1986). Increasing Returns and Long-run Growth. The Journal of Political Economy, 94(5), 1002-1037.
Romer, P. (1993). Idea Gaps and Object Gaps in Economic Development. Journal Of Monetary Economics, 32(3) 543-573.
Sandalcılar, A.R. (2012). Relationship Between Export and Economic Growth in the BRIC Countries: Panel Cointegration and Panel Causality. Suleyman Demirel University The Journal of faculty of Economics and Administrative Sciences, 17(1), 161-179.
Swift, D. (2006). Human Capital Investment As a Realist Foreign Policy. International Public Policy Review, 2(2), 68-91.
Tiryakioglu, M. (2006). Araştırma Geliştirme - Ekonomik Buyume İlişkisi: Seçilmiş OECD Ulkeleri Uzerine Uygulama. Yuksek Lisans Tezi, Afyon Kocatepe Universitesi Sosyal Bilimler Enstitusu, Afyon.
Unal, T., Seçilmiş, N. (2013). Comparison of Turkey with Developed Countries in Terms of R&D Indicators. İşletme ve İktisat Çalışmaları Dergisi, 1(1), 18.
Verbic, M., Majcen, B, Ivanova, O., Cok, M. (2011). R&D and Economic Growth in Slovenia: A Dynamic General Equilibrium Approach with Endogenous Growth. Panoeconomicus,1, 67-89.
Yeldan, E. (2010). İktisadi Buyume ve Boluşum Teorileri. Efil Yayınevi, 2010.
Yulek, M.A. (1997). İçsel Buyume Teorileri, Gelişmekte Olan Ulkeler ve Kamu Politikaları Uzerine. Hazine Dergisi 6, 1-15.
Xing, Y. (2012). The People’s Republic of China’s High tech Exports: Myth and Reality. ADBI Working Papers, 357, Tokyo: Asian Development Bank Institute.