Technological Convergence in Emerging Economies: An Investigation with Unit Root Tests

Year 2023, Volume: 10 Issue: 2, 567 - 586, 02.08.2023

Mustafa Zuhal

https://doi.org/10.26650/JEPR1260520

Abstract

Technological developments play an important role in economic growth and development and form the basis in the convergence of socioeconomic factors between developed and developing countries, especially income. At the same time, developing countries aim to catch up with the leading countries by improving their technological capabilities, and examining the technological convergence between countries, especially developing countries, is essential at this stage. This study aims to examine whether technological convergence occurs in 10 emerging economies. For this purpose, the study analyzes technological convergence over the variables of number of patents, labor productivity, and total factor productivity using Pesaran’s (2007) cross-sectionally augmented Dickey-Fuller (CADF) and seemingly unrelated regression augmented Dickey-Fuller (SURADF) unit root tests. According to the results of the analysis, although there is convergence in some countries, it does not confirm in general technological convergence among the countries.

Keywords

Technological development, Technological capability, Technological convergence, Emerging economies, Unit root test

Project Number

-

Yükselen Ekonomilerde Teknolojik Yakınsama: Birim Kök Testleri ile Bir İnceleme

Abstract

Teknolojik gelişmeler, ülkelerin ekonomik büyümesinde ve kalkınmasında önemli rol oynamaktadır. Özellikle gelişmiş ve gelişmekte olan ülkeler arasındaki başta gelir olmak üzere sosyoekonomik faktörlerde yakınsamanın temelinde teknolojik gelişmeler yer almaktadır. Aynı zamanda gelişmekte olan ülkeler teknolojik yetenek düzeylerini geliştirerek lider ülkeleri yakalamayı hedeflemektedirler. Bu aşamada başta gelişmekte olan ülkeler olmak üzere ülkeler arasındaki teknolojik yakınsamanın incelenmesi önem arz etmektedir. Bu çalışmada on yükselen ekonomide teknolojik yakınsamanın olup olmadığının incelenmesi amaçlanmaktadır. Bu amaç doğrultusunda patent sayıları, işgücü verimliliği ve toplam faktör verimliliği üzerinden teknolojik yakınsama Pesaran CADF ve SURADF birim kök testleri ile analiz edilmiştir. Analiz sonuçlarına göre, bazı ülkelerde yakınsama olsa da, ülkeler arasında genel olarak teknolojik yakınsama doğrulanamamaktadır.

Keywords

Teknolojik gelişme, Teknolojik yetenek, Teknolojik yakınsama, Yükselen ekonomiler ve Birim kök testi

Supporting Institution

Bulunmamaktadır.

Project Number

-

Thanks

Bulunmamaktadır.

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