Research Article
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YÜKSEK TEKNOLOJİ İHRACATI VE EKONOMİK ÖZGÜRLÜKLER: EN YÜKSEK TEKNOLOJİ İHRACATÇILARI İÇİN YENİ ÖNGÖRÜLER

Year 2025, Volume: 15 Issue: 30, 609 - 625
https://doi.org/10.53092/duiibfd.1613375

Abstract

Son yıllarda literatür, ihracat kompozisyonunun ağırlıklı olarak yüksek teknoloji ihracatından oluşması durumunda, uluslararası rekabet gücünün artırılmasının yüksek katma değerli malların üretimini teşvik ettiğini ve ülke içinde verimlilik artışlarını desteklediğini vurgulamaktadır. Bu çalışma, Ar-Ge'ye odaklanarak en yüksek teknoloji ihracatçıları için ekonomik özgürlüğün, alt bileşenlerinin ve etkileşimlerinin yüksek teknoloji ihracatı üzerindeki etkisini inceleyerek katkıda bulunmayı amaçlamaktadır. Bu bağlamda, yüksek teknoloji ihracatının 2009-2023 yılları arasındaki ortalaması hesaplanmış ve ardından ortalama yüksek teknoloji ihracatı en az dünya ortalaması kadar olan ülkeler seçilmiştir. Analiz, iki önemli bulgu ortaya koymaktadır: (i) Toplulaştırılmış Ekonomik Özgürlük Endeksi ve alt bileşenleri - yani düzenleyici etkinlik, piyasa açıklığı ve hukukun üstünlüğü, yüksek teknoloji ihracatı üzerinde pozitif ve istatistiksel olarak anlamlı etkilere sahiptir. (ii) Ar-Ge ve EFI ayrı ayrı HTE'ye olumlu katkıda bulunurken, etkileşimleri genellikle mantıksız bir şekilde negatif etki yaratmaktadır. Bu durum, Ar-Ge'nin ihracat performansı üzerindeki olumlu etkisinin, son derece liberalleşmiş kurumsal ortamlarda kısıtlanabileceğini veya seyreltilebileceğini göstermektedir. Bu nedenle, politika yapıcılar için önemli çıkarımlar sağlıyoruz.

References

  • Acemoglu, D., & Johnson, S. (2005). Unbundling institutions. Journal of political Economy, 113(5), 949-995.
  • Álvarez, I. C., Barbero, J., Rodríguez-Pose, A., & Zofío, J. L. (2018). Does institutional quality matter for trade? institutional conditions in a sectoral trade framework. World Development, 103, 72-87.
  • Azman-Saini, W. N. W., Baharumshah, A. Z., & Law, S. H. (2010). Foreign direct investment, economic freedom and economic growth: International evidence. Economic Modelling, 27(5), 1079-1089.
  • Bayar, Y., Remeikienė, R., & Gasparėnienė, L. (2020). Intellectual property rights, R&D expenditures, and high-tech exports in the EU transition economies. Journal of International Studies, 13(1), 144-154
  • Bournakis, I., & Tsoukis, C. (2016). Government size, institutions, and export performance among OECD economies. Economic Modelling, 53, 37-47.
  • Briggs, K. (2013). Institutional quality as a barrier to trade. Applied Economics Letters, 20(16), 1453-1458.
  • Ciftci, C., & Durusu-Ciftci, D. (2022). Economic freedom, foreign direct investment, and economic growth: The role of sub-components of freedom. The Journal of International Trade & Economic Development, 31(2), 233-254.
  • Dollar, D., & Kraay, A. (2003). Institutions, trade, and growth, Journal of Monetary Economics, 50(1), 133-162.
  • Ferragina, A. M., & Pastore, F. (2007, September). High tech export performance: which role for diversification. ın ninth annual conference ETSG 490-500.
  • Fonkam, A. (2023). Determinants of technology-ıntensive exports: the case of african countries, 1995–2017. African Journal of Science, Technology, Innovation and Development, 15(5), 568-579
  • Gökmen, Y., & Turen, U. (2013). The determinants of high technology exports volume: a panel data analysis of eu-15 countries. ınternational journal of management, Economics and Social Sciences, 2(3), 217-232.
  • Güneş, S., Gürel, S. P., Karadam, D. Y., & Akın, T. (2020). The analysis of main determinants of high technology exports: a panel data analysis. Kafkas Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 11(21), 242-267
  • Kalkan, Y., & Pala, F. (2022). Yüksek teknoloji ihracatının belireyicilerinin panel ARDL analizi ile incelenmesi. Journal of Mehmet Akif Ersoy University Social Science Institute, 35(1), 193-204.
  • Krugman, P. (2010). The theory of interstellar trade. Economic Inquiry, 48(4), 1119-1123.
  • Levchenko, A. A. (2007). Institutional quality and international trade, The Review of Economic Studies, 74(3), 791-819.
  • Levchenko, A. A. (2013). International trade and ınstitutional change. The Journal of Law, Economics, & Organization, 29(5), 1145-1181.
  • Lin, J., Flachsbarth, I., & von Cramon‐Taubadel, S. (2020). The role of institutional quality on the performance in the export of coconut products. Agricultural Economics, 51(2), 237-258.
  • Manzetti L, Osang T. (2024). High-Tech Exports and Governance Institutions. PS: Political Science & Politics. 57(3):346-355.
  • Mehrara, M., Seijani, S., & Karsalari, A. R. (2017). Determinants of high-tech export in developing countries based on bayesian model averaging. Zbornik Radova Ekonomskog Fakulteta U Rijeci: Časopis Za Ekonomsku Teoriju I Praksu, 35(1), 199-215.
  • Méon, P. G., & Sekkat, K. (2008). Institutional quality and trade: which institutions? Which trade?. Economic inquiry, 46(2), 227-240.
  • North, D. C. (1991). Institutions. Journal of economic perspectives, 5(1), 97-112.
  • Okada, K. (2013). The interaction effects of financial openness and institutions on international capital flows. Journal of Macroeconomics, 35, 131-143.
  • Özsoy, S. (2020). The ımpact of foreign direct ınvestment on export of high-technology products: the role of financial development and regulatory quality. Balıkesir Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, 23(44), 959-975.
  • Öztürk, F., & Topcu, Y. E. (2024). The effect of economic freedom on export sophistication in OECD countries. Fiscaoeconomia, 8(1), 126-148.
  • Sahoo, P., & Dash, R. K. (2022). Does FDI have differential impacts on exports? Evidence from developing countries. International Economics, 172, 227-237.
  • Salman, M., Long, X., Dauda, L., & Mensah, C. N. (2019). The impact of institutional quality on economic growth and carbon emissions: Evidence from Indonesia, South Korea and Thailand. Journal of Cleaner Production, 241, 118331.
  • Seyoum, B. (2005). Determinants of levels of high technology exports an empirical investigation. Journal of Competitiveness Studies, 13(1), 64.
  • Söderlund, B., & Tingvall, P. G. (2014). Dynamic effects of ınstitutions on firm-level exports, Review of World Economics, 150(2), 277-308.
  • Tebaldi, E. (2011). The determinants of high-technology exports: a panel data analysis. Atlantic Economic Journal, 39, 343-353.
  • Veliev, S. (2021). International trade and technology transfer (Doctoral Dissertation, KDI School).
  • Zapata, N. A., Arrazola, M., & de Hevia, J. (2023). Determinants of high-tech exports: new evidence from oecd countries. Journal of the Knowledge Economy, 1-15.
  • Zghidi, N., Mohamed Sghaier, I., & Abida, Z. (2016). Does economic freedom enhance the impact of foreign direct investment on economic growth in North African countries? A panel data analysis. African Development Review, 28(1), 64-74.
  • Zhu, S., & Fu, X. (2013). Drivers of export upgrading. World Development, 51, 221-233.

HIGH-TECHNOLOGY EXPORTS AND ECONOMIC FREEDOM: NEW INSIGHTS FOR THE TOP HIGH-TECH EXPORTERS

Year 2025, Volume: 15 Issue: 30, 609 - 625
https://doi.org/10.53092/duiibfd.1613375

Abstract

Recent literature emphasizes that if export composition consists mostly of high-tech exports, increasing international competitiveness encourages the production of high-value-added goods and supports productivity enhancements within the country. This study aims to contribute by analyzing this literature by examining the effect of economic freedom, its sub-components, and interactions on high-tech exports for top high-tech exporters by focusing R&D. We calculated the average of high-tech exports from 2009-2023 and then selected the countries whose average high-tech exports are at least the world average. Our analysis reveals two important findings: (i) The aggregated Economic Freedom Index (EFI) and its sub-components—namely, regulatory efficiency, market openness, and the rule of law—have positive and statistically significant effects on HTE. (ii) While R&D and EFI individually contribute positively to HTE, their interaction often yields a counterintuitive negative effect. This suggests that the positive impact of R&D on export performance may be constrained or diluted in highly liberalized institutional settings. Therefore, we provide important implications for policy makers.

References

  • Acemoglu, D., & Johnson, S. (2005). Unbundling institutions. Journal of political Economy, 113(5), 949-995.
  • Álvarez, I. C., Barbero, J., Rodríguez-Pose, A., & Zofío, J. L. (2018). Does institutional quality matter for trade? institutional conditions in a sectoral trade framework. World Development, 103, 72-87.
  • Azman-Saini, W. N. W., Baharumshah, A. Z., & Law, S. H. (2010). Foreign direct investment, economic freedom and economic growth: International evidence. Economic Modelling, 27(5), 1079-1089.
  • Bayar, Y., Remeikienė, R., & Gasparėnienė, L. (2020). Intellectual property rights, R&D expenditures, and high-tech exports in the EU transition economies. Journal of International Studies, 13(1), 144-154
  • Bournakis, I., & Tsoukis, C. (2016). Government size, institutions, and export performance among OECD economies. Economic Modelling, 53, 37-47.
  • Briggs, K. (2013). Institutional quality as a barrier to trade. Applied Economics Letters, 20(16), 1453-1458.
  • Ciftci, C., & Durusu-Ciftci, D. (2022). Economic freedom, foreign direct investment, and economic growth: The role of sub-components of freedom. The Journal of International Trade & Economic Development, 31(2), 233-254.
  • Dollar, D., & Kraay, A. (2003). Institutions, trade, and growth, Journal of Monetary Economics, 50(1), 133-162.
  • Ferragina, A. M., & Pastore, F. (2007, September). High tech export performance: which role for diversification. ın ninth annual conference ETSG 490-500.
  • Fonkam, A. (2023). Determinants of technology-ıntensive exports: the case of african countries, 1995–2017. African Journal of Science, Technology, Innovation and Development, 15(5), 568-579
  • Gökmen, Y., & Turen, U. (2013). The determinants of high technology exports volume: a panel data analysis of eu-15 countries. ınternational journal of management, Economics and Social Sciences, 2(3), 217-232.
  • Güneş, S., Gürel, S. P., Karadam, D. Y., & Akın, T. (2020). The analysis of main determinants of high technology exports: a panel data analysis. Kafkas Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 11(21), 242-267
  • Kalkan, Y., & Pala, F. (2022). Yüksek teknoloji ihracatının belireyicilerinin panel ARDL analizi ile incelenmesi. Journal of Mehmet Akif Ersoy University Social Science Institute, 35(1), 193-204.
  • Krugman, P. (2010). The theory of interstellar trade. Economic Inquiry, 48(4), 1119-1123.
  • Levchenko, A. A. (2007). Institutional quality and international trade, The Review of Economic Studies, 74(3), 791-819.
  • Levchenko, A. A. (2013). International trade and ınstitutional change. The Journal of Law, Economics, & Organization, 29(5), 1145-1181.
  • Lin, J., Flachsbarth, I., & von Cramon‐Taubadel, S. (2020). The role of institutional quality on the performance in the export of coconut products. Agricultural Economics, 51(2), 237-258.
  • Manzetti L, Osang T. (2024). High-Tech Exports and Governance Institutions. PS: Political Science & Politics. 57(3):346-355.
  • Mehrara, M., Seijani, S., & Karsalari, A. R. (2017). Determinants of high-tech export in developing countries based on bayesian model averaging. Zbornik Radova Ekonomskog Fakulteta U Rijeci: Časopis Za Ekonomsku Teoriju I Praksu, 35(1), 199-215.
  • Méon, P. G., & Sekkat, K. (2008). Institutional quality and trade: which institutions? Which trade?. Economic inquiry, 46(2), 227-240.
  • North, D. C. (1991). Institutions. Journal of economic perspectives, 5(1), 97-112.
  • Okada, K. (2013). The interaction effects of financial openness and institutions on international capital flows. Journal of Macroeconomics, 35, 131-143.
  • Özsoy, S. (2020). The ımpact of foreign direct ınvestment on export of high-technology products: the role of financial development and regulatory quality. Balıkesir Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, 23(44), 959-975.
  • Öztürk, F., & Topcu, Y. E. (2024). The effect of economic freedom on export sophistication in OECD countries. Fiscaoeconomia, 8(1), 126-148.
  • Sahoo, P., & Dash, R. K. (2022). Does FDI have differential impacts on exports? Evidence from developing countries. International Economics, 172, 227-237.
  • Salman, M., Long, X., Dauda, L., & Mensah, C. N. (2019). The impact of institutional quality on economic growth and carbon emissions: Evidence from Indonesia, South Korea and Thailand. Journal of Cleaner Production, 241, 118331.
  • Seyoum, B. (2005). Determinants of levels of high technology exports an empirical investigation. Journal of Competitiveness Studies, 13(1), 64.
  • Söderlund, B., & Tingvall, P. G. (2014). Dynamic effects of ınstitutions on firm-level exports, Review of World Economics, 150(2), 277-308.
  • Tebaldi, E. (2011). The determinants of high-technology exports: a panel data analysis. Atlantic Economic Journal, 39, 343-353.
  • Veliev, S. (2021). International trade and technology transfer (Doctoral Dissertation, KDI School).
  • Zapata, N. A., Arrazola, M., & de Hevia, J. (2023). Determinants of high-tech exports: new evidence from oecd countries. Journal of the Knowledge Economy, 1-15.
  • Zghidi, N., Mohamed Sghaier, I., & Abida, Z. (2016). Does economic freedom enhance the impact of foreign direct investment on economic growth in North African countries? A panel data analysis. African Development Review, 28(1), 64-74.
  • Zhu, S., & Fu, X. (2013). Drivers of export upgrading. World Development, 51, 221-233.
There are 33 citations in total.

Details

Primary Language English
Subjects Institutional Economics, International Economics (Other)
Journal Section Research Article
Authors

Müge Peştere-akçay 0000-0003-4700-9769

Dilek Durusu Çiftçi 0000-0003-1911-4801

Gamze Kargın Akkoç 0000-0002-8436-0462

Early Pub Date November 25, 2025
Publication Date November 26, 2025
Submission Date January 5, 2025
Acceptance Date September 8, 2025
Published in Issue Year 2025 Volume: 15 Issue: 30

Cite

APA Peştere-akçay, M., Durusu Çiftçi, D., & Kargın Akkoç, G. (2025). HIGH-TECHNOLOGY EXPORTS AND ECONOMIC FREEDOM: NEW INSIGHTS FOR THE TOP HIGH-TECH EXPORTERS. Dicle Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi, 15(30), 609-625. https://doi.org/10.53092/duiibfd.1613375
AMA Peştere-akçay M, Durusu Çiftçi D, Kargın Akkoç G. HIGH-TECHNOLOGY EXPORTS AND ECONOMIC FREEDOM: NEW INSIGHTS FOR THE TOP HIGH-TECH EXPORTERS. Dicle Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. November 2025;15(30):609-625. doi:10.53092/duiibfd.1613375
Chicago Peştere-akçay, Müge, Dilek Durusu Çiftçi, and Gamze Kargın Akkoç. “HIGH-TECHNOLOGY EXPORTS AND ECONOMIC FREEDOM: NEW INSIGHTS FOR THE TOP HIGH-TECH EXPORTERS”. Dicle Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi 15, no. 30 (November 2025): 609-25. https://doi.org/10.53092/duiibfd.1613375.
EndNote Peştere-akçay M, Durusu Çiftçi D, Kargın Akkoç G (November 1, 2025) HIGH-TECHNOLOGY EXPORTS AND ECONOMIC FREEDOM: NEW INSIGHTS FOR THE TOP HIGH-TECH EXPORTERS. Dicle Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 15 30 609–625.
IEEE M. Peştere-akçay, D. Durusu Çiftçi, and G. Kargın Akkoç, “HIGH-TECHNOLOGY EXPORTS AND ECONOMIC FREEDOM: NEW INSIGHTS FOR THE TOP HIGH-TECH EXPORTERS”, Dicle Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, vol. 15, no. 30, pp. 609–625, 2025, doi: 10.53092/duiibfd.1613375.
ISNAD Peştere-akçay, Müge et al. “HIGH-TECHNOLOGY EXPORTS AND ECONOMIC FREEDOM: NEW INSIGHTS FOR THE TOP HIGH-TECH EXPORTERS”. Dicle Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 15/30 (November2025), 609-625. https://doi.org/10.53092/duiibfd.1613375.
JAMA Peştere-akçay M, Durusu Çiftçi D, Kargın Akkoç G. HIGH-TECHNOLOGY EXPORTS AND ECONOMIC FREEDOM: NEW INSIGHTS FOR THE TOP HIGH-TECH EXPORTERS. Dicle Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. 2025;15:609–625.
MLA Peştere-akçay, Müge et al. “HIGH-TECHNOLOGY EXPORTS AND ECONOMIC FREEDOM: NEW INSIGHTS FOR THE TOP HIGH-TECH EXPORTERS”. Dicle Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi, vol. 15, no. 30, 2025, pp. 609-25, doi:10.53092/duiibfd.1613375.
Vancouver Peştere-akçay M, Durusu Çiftçi D, Kargın Akkoç G. HIGH-TECHNOLOGY EXPORTS AND ECONOMIC FREEDOM: NEW INSIGHTS FOR THE TOP HIGH-TECH EXPORTERS. Dicle Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. 2025;15(30):609-25.

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