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Internationalization in Emerging Economies: An Assessment and Propositions on Export Diversification Tendency in Emerging and Developed Countries

Yıl 2024, , 334 - 352, 31.07.2024
https://doi.org/10.31592/aeusbed.1434971

Öz

This study explores export diversification in emerging economies within the frame of the relevant literature. In these economies, firms operate in uncertain and risky environments where labor, product and capital markets are inefficient. Firms in these economies internationalize to create sustainable competitive advantage. In such economies, one of the common ways of internationalization is export in early stages of the process. Firms internationalize by expanding existing products, creating new products or new markets. Firms in such economies target developed or other emerging economies with different product diversification strategies. Accordingly, firms’ export performance in developed and other emerging economies differs depending on various strategies, such as product diversification, cost leadership, branding. In market diversification, there have been opposite views about emerging economy firms’ expansion into other emerging economies with similar institutional environments and developed ones which are rich in terms of resources. Although the literature is rich in terms of export diversification, studies on whether emerging economy firms tend to expand their activities into developed ones or other emerging economies through various strategies and where they perform better in terms of exports, are limited. Therefore, this paper discusses emerging economy firms’ export diversification in developed and other emerging economies. In this regard, it aims to advance the understanding on export diversification in emerging economies by providing propositions that can be investigated in future research.

Kaynakça

  • Acaravcı, A. ve Kargı, G. (2015). Türkiye’de ihracatın çeşitlendirilmesi ve ekonomik büyüme. Uluslararası Ekonomi ve Yenilik Dergisi, 1(1), 1-16. https://doi.org/10.20979/ueyd.182891
  • Ahmad, M. and Jabeen, G. (2023). Relating economic openness and export diversification to eco-efficiency: Is green innovation critical? International Journal of Finance & Economics, 29(3), 3203-3225. https://doi.org/10.1002/ijfe.2825
  • Aitken, B., Hanson, G. H. and Harrison, A. E. (1997). Spillovers, foreign investment, and export behavior. Journal of International Economics, 43(1-2), 103-132. https://doi.org/10.1016/S0022-1996(96)01464-X
  • Akar, G. ve Ay, A. (2019). Ürün ve ülke açısından ihracat çeşitlendirmesi: Türkiye üzerine bir değerlendirme. Gümüşhane Üniversitesi Sosyal Bilimler Enstitüsü̈ Elektronik Dergisi, 10(1), 116-127. https://dergipark.org.tr/tr/pub/gumus/issue/44146/460996
  • Aldan, A. and Çulha, O. Y. (2016). The role of the extensive margin in export of Turkey: A comparative analysis. Central Bank Review, 16(2), 59-64. https://doi.org/10.1016/j.cbrev.2016.05.002
  • Amurgo-Pacheco, A. and Pierola, M. D. (2008). Patterns of export diversification in developing countries: Intensive and extensive margins. World Bank Policy Research Working Paper 4473, Washington, DC. https://doi.org/10.1596/1813-9450-4473
  • Artopoulos, A., Friel, D. and Hallak, J. C. (2013). Export emergence of differentiated goods from developing countries: Export pioneers and business practices in Argentina. Journal of Development Economics, 105, 19-35. https://doi.org/10.1016/j.jdeveco.2013.07.001
  • Aulakh, P. S., Kotabe, M. and Teegen, H. (2000). Export strategies and performance of firms from emerging economies: Evidence from Brazil, Chile and Mexico. Academy of Management Journal, 43(3), 342-361. https://doi.org/10.2307/1556399
  • Barney, J. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17(1), 99-120. https://doi.org/10.1177/014920639101700108
  • Brenton, P. and Newfarmer, R. (2007). Watching more than the Discovery channel: Export cycles and diversification in development. World Bank Policy Research Working Paper 4302, Washington, DC. https://doi.org/10.1596/1813-9450-4302
  • Brouthers, L. E., O’Donell, E. and Hadjimarcou, J. (2005). Generic product strategies for emerging market exports into triad nation markets: A mimetic isomorphism approach. Journal of Management Studies, 42(1), 225-245. https://doi.org/10.1111/j.1467-6486.2005.00495.x
  • Brouthers, L. E. and Xu, K. (2002). Product stereotypes, strategy and performance satisfaction: The case of chinese exporters. Journal of International Business Studies, 33(4), 657-677. https://doi.org/10.1057/palgrave.jibs.8491038
  • Cadot, O., Carrere, C. and Strauss-Kahn, V. (2011). Export diversification: What is behind the hump? The Review of Economics and Statistics, 93(2), 590-605. https://doi.org/10.1162/REST_a_00078
  • Canh, N. P. and Thanh, S. D. (2022). The dynamics of export diversification, economic complexity and economic growth cycles: Global evidence. Foreign Trade Review, 57(3) 234-260. https://doi.org/10.1177/00157325209704
  • Cuervo-Cazurra, A. and Genc, M. (2008). Transforming disadvantages into advantages: developing-country MNEs in the least developed countries. Journal of International Business Studies, 39(6), 957-979. https://doi.org/10.1057/palgrave.jibs.8400390
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Gelişmekte Olan Ekonomilerde Uluslararasılaşma: Gelişmekte Olan ve Gelişmiş Ülkelerde İhracat Çeşitlendirmesi Eğilimi Üzerine Değerlendirme ve Önermeler

Yıl 2024, , 334 - 352, 31.07.2024
https://doi.org/10.31592/aeusbed.1434971

Öz

Bu çalışma ilgili yazın doğrultusunda gelişmekte olan ekonomilerdeki firmaların ihracat çeşitlendirmesini ele almaktadır. Gelişmekte olan ekonomilerdeki firmalar emek, sermaye ve ürün pazarlarının zayıf, risk ve belirsizliğin yüksek olduğu çevrelerde faaliyet göstermektedirler. Bu ekonomilerdeki firmalar sürdürülebilir rekabet avantajı yaratmak amacı ile uluslararası faaliyette bulunmaktadırlar. Bu ekonomilerde uluslararasılaşma sürecinin erken aşamalarında en çok kullanılan yöntemlerden birisi ihracattır. Firmalar, mevcut ürünlerle pazar paylarını artırarak, ürün ya da pazarlarını çeşitlendirerek ihracat faaliyetinde bulunmaktadırlar. Firmaların ihracat faaliyetini genişletirken başvurduğu ürün çeşitlendirmesinin gelişmekte olan ve gelişmiş ülkelerde farklılaştığı ileri sürülmektedir. Ürün çeşitlendirme, maliyet liderliği, markalaşma gibi farklı stratejilerle dış pazarlara açılan firmaların, gelişmiş ve diğer gelişmekte olan ekonomilerde ihracat performansı farklılaşmaktadır. Firmaların pazar çeşitlendirmesinde, kurumsal çevrelerine benzer özellikler gösteren diğer gelişmekte olan ekonomilerde ya da fırsat ve kaynakların daha çok bulunduğu gelişmiş ülkelerde ihracat faaliyeti göstereceğine ilişkin farklı görüşler bulunmaktadır. Yazında ihracat çeşitlendirmesine ilişkin çalışmalar bulunmasına rağmen, gelişmekte olan ekonomilerdeki firmaların çeşitli stratejilerle gelişmiş ya da gelişmekte olan diğer ekonomilere eğilimlerine ve elde edilen ihracat performansının bu ekonomi gruplarındaki farklılaşma durumuna ilişkin araştırmalar kısıtlıdır. Bu nedenle bu çalışma, firmaların uluslararasılaşma yöntemlerinden olan ihracatın, diğer gelişmekte olan ya da gelişmiş ekonomilerde çeşitlendirmesini tartışmaktadır. Bu doğrultuda, ilerideki çalışmalarda araştırılabilecek önermeler sunarak, gelişmekte olan ekonomilerdeki ihracat çeşitlendirmesi ile ilgili anlayışı ilerletmeyi amaçlamaktadır.

Kaynakça

  • Acaravcı, A. ve Kargı, G. (2015). Türkiye’de ihracatın çeşitlendirilmesi ve ekonomik büyüme. Uluslararası Ekonomi ve Yenilik Dergisi, 1(1), 1-16. https://doi.org/10.20979/ueyd.182891
  • Ahmad, M. and Jabeen, G. (2023). Relating economic openness and export diversification to eco-efficiency: Is green innovation critical? International Journal of Finance & Economics, 29(3), 3203-3225. https://doi.org/10.1002/ijfe.2825
  • Aitken, B., Hanson, G. H. and Harrison, A. E. (1997). Spillovers, foreign investment, and export behavior. Journal of International Economics, 43(1-2), 103-132. https://doi.org/10.1016/S0022-1996(96)01464-X
  • Akar, G. ve Ay, A. (2019). Ürün ve ülke açısından ihracat çeşitlendirmesi: Türkiye üzerine bir değerlendirme. Gümüşhane Üniversitesi Sosyal Bilimler Enstitüsü̈ Elektronik Dergisi, 10(1), 116-127. https://dergipark.org.tr/tr/pub/gumus/issue/44146/460996
  • Aldan, A. and Çulha, O. Y. (2016). The role of the extensive margin in export of Turkey: A comparative analysis. Central Bank Review, 16(2), 59-64. https://doi.org/10.1016/j.cbrev.2016.05.002
  • Amurgo-Pacheco, A. and Pierola, M. D. (2008). Patterns of export diversification in developing countries: Intensive and extensive margins. World Bank Policy Research Working Paper 4473, Washington, DC. https://doi.org/10.1596/1813-9450-4473
  • Artopoulos, A., Friel, D. and Hallak, J. C. (2013). Export emergence of differentiated goods from developing countries: Export pioneers and business practices in Argentina. Journal of Development Economics, 105, 19-35. https://doi.org/10.1016/j.jdeveco.2013.07.001
  • Aulakh, P. S., Kotabe, M. and Teegen, H. (2000). Export strategies and performance of firms from emerging economies: Evidence from Brazil, Chile and Mexico. Academy of Management Journal, 43(3), 342-361. https://doi.org/10.2307/1556399
  • Barney, J. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17(1), 99-120. https://doi.org/10.1177/014920639101700108
  • Brenton, P. and Newfarmer, R. (2007). Watching more than the Discovery channel: Export cycles and diversification in development. World Bank Policy Research Working Paper 4302, Washington, DC. https://doi.org/10.1596/1813-9450-4302
  • Brouthers, L. E., O’Donell, E. and Hadjimarcou, J. (2005). Generic product strategies for emerging market exports into triad nation markets: A mimetic isomorphism approach. Journal of Management Studies, 42(1), 225-245. https://doi.org/10.1111/j.1467-6486.2005.00495.x
  • Brouthers, L. E. and Xu, K. (2002). Product stereotypes, strategy and performance satisfaction: The case of chinese exporters. Journal of International Business Studies, 33(4), 657-677. https://doi.org/10.1057/palgrave.jibs.8491038
  • Cadot, O., Carrere, C. and Strauss-Kahn, V. (2011). Export diversification: What is behind the hump? The Review of Economics and Statistics, 93(2), 590-605. https://doi.org/10.1162/REST_a_00078
  • Canh, N. P. and Thanh, S. D. (2022). The dynamics of export diversification, economic complexity and economic growth cycles: Global evidence. Foreign Trade Review, 57(3) 234-260. https://doi.org/10.1177/00157325209704
  • Cuervo-Cazurra, A. and Genc, M. (2008). Transforming disadvantages into advantages: developing-country MNEs in the least developed countries. Journal of International Business Studies, 39(6), 957-979. https://doi.org/10.1057/palgrave.jibs.8400390
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  • Damijan, J. P., Polanec, S. and Prasnikar, J. (2004). Self-selection, export market heterogeneity and productivity improvements: Firm level evidence from Slovenia. LICOS Discussion Paper, 148, Katholieke Universiteit Leuven, LICOS Centre for Transition Economics, Leuven. Retrieved from https://www.econstor.eu/handle/10419/74889 in 10.11.2022.
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  • Lee, C. C., Xing, W., Wu, W. and Lee, C. C. (2023). Export diversification and the green economy: the key role of economic risk. Technological and Economic Development of Economy, 29(2), 717-740. https://doi.org/10.3846/tede.2023.18532
  • Lee, C. C., Yuan, Z. and Ho, S. J. (2022). How does export diversification affect income inequality? International evidence. Structural Change and Economic Dynamics, 63, 410-421. https://doi.org/10.1016/j.strueco.2022.06.010
  • Lee, D. and Zhang, H. (2022). Export diversification in low-income countries and small states: Do country size and income level matter? Structural Change and Economic Dynamics, 60, 250-265. https://doi.org/10.1016/j.strueco.2021.11.017
  • Li, D., Wang, X., Xu, Y. and Ren, Y. (2022). Analysis of export diversification and impact of globalisation on income inequality: Evidence from Asian countries. Global Economic Review, 51(3), 195-215. https://doi.org/10.1080/1226508X.2022.2120518
  • Luo, Y. and Tung, R. L. (2007). International expansion of emerging market enterprises: A springboard perspective. Journal of International Business Studies, 38(4), 481-498. https://doi.org/10.1057/palgrave.jibs.8400275
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Toplam 76 adet kaynakça vardır.

Ayrıntılar

Birincil Dil Türkçe
Konular Uluslararası Ticaret (Diğer)
Bölüm Makaleler
Yazarlar

Özlem Özen 0000-0001-6061-0001

Yayımlanma Tarihi 31 Temmuz 2024
Gönderilme Tarihi 10 Şubat 2024
Kabul Tarihi 24 Temmuz 2024
Yayımlandığı Sayı Yıl 2024

Kaynak Göster

APA Özen, Ö. (2024). Gelişmekte Olan Ekonomilerde Uluslararasılaşma: Gelişmekte Olan ve Gelişmiş Ülkelerde İhracat Çeşitlendirmesi Eğilimi Üzerine Değerlendirme ve Önermeler. Ahi Evran Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, 10(2), 334-352. https://doi.org/10.31592/aeusbed.1434971