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YÜKSEK TEKNOLOJİ İHRACATININ TEMEL BELİRLEYİCİLERİNİN ANALİZİ: BİR PANEL VERİ

Year 2020, Volume: 11 Issue: 21, 242 - 267, 30.06.2020
https://doi.org/10.36543/kauiibfd.2020.012

Abstract

Yüksek-teknoloji
ürünleri ihracatçısı ülkeler, yüksek-teknoloji ürünlerinin gelir esnekliğinin
birincil mallara göre daha yüksek olması nedeniyle ihracat hacim ve değerini
daha kolay arttırabilmektedir. Bu kapsamda, çalışmada toplam yüksek teknoloji
ihracatının yaklaşık %90’ını temsil eden 
48 yüksek teknoloji ihraç eden ülke için, geniş bir panel veri seti ve
geniş bir yelpazede ekonomik, politik ve kurumsal değişkenler kullanılarak, yüksek
teknoloji ihracatını belirleyen temel unsurlar araştırılmıştır.  Bu amaçla, 1980-2017 dönemi için beşeri
sermaye, kişi başına düşen milli gelir, ticari açıklık, doğrudan yabancı
yatırımlar, ulusal tasarruf, politik istikrar, reel efektif döviz kuru, dünya
gelir artışı ve patent başvuruları gibi bir dizi göstergenin etkilerini
incelemek için panel sabit etkiler ve Genelleştirilmiş Momentler (GMM) yöntemleri
kullanılmıştır. Tahmin sonuçları; ticaret açıklığın, doğrudan yabancı yatırım
(DYY) girişinin, kişi başına düşen gelir ve beşeri sermayenin ülkelerin yüksek
teknoloji ihracat performansını etkileyen önemli faktörler olduğunu
göstermektedir. 

References

  • Allard, C., Catalan, M., Everaert, L. and Sgherri, S. (2005) “Explaining Differences in External Sector Performance among Large Euro Area Countries” IMF Country Report No. 05/401.
  • Agosin, M. and Machado, R. (2005) “Foreign Investment in Developing Countries: Does It Crowd in Domestic Investment?” Oxford Development Studies 33:149–62.
  • Aizenman, J. and Noy, I. (2006) “FDI and Trade-two-way Linkages?” The Quarterly Review of Economics and Finance, Elsevier, 46(3): 317-337.
  • Amiti, M. and Freund, C. (2007) “China’s Export Boom” Finance and Development, 44:38–41.
  • Arellano, M. and Bond, S. (1991) “Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations” Review of Economic Studies, 58: 277-297.
  • Arellano, M. and Bover, O. (1995) “Another Look at the Instrumental Variable Estimation of Error-Components Models” Journal of Econometrics, 68(1): 29-51.
  • Auer, R. A. (2015) “Human Capital and the Dynamic Effects of Trade” Journal of Development Economics, Vol.117:107-118.
  • Barro, R. and Lee, J. W. (2013) “A New Data Set of Educational Attainment in the World, 1950-2010” Journal of Development Economics,104:184-198 (updated version 2016).
  • Bayoumi, T., Harmsen, R. and Turunen, J. (2011) “Euro Area Export Performance and Competitiveness” IMF Working Paper No. 140. Retrieved from International Monetary Fund website: https://www.imf.org/external/pubs/ft/wp/2011/wp11140.pdf
  • Blanchard, E. J.and Olney, W. W. (2017) “Globalization and Human Capital Investment: Export Composition Drives Educational Attainment” Journal of International Economics, 106: 165-183.
  • Brainard, S. L. (1993) “An Empirical Assessment of the Proximity – Concentration Trade off between Multinational Sales and Trade” NBER Working Paper, 4580: 1-59.
  • Braunerhjelm, P. and Thulin, P. (2008) “Can Countries Create Comparative Advantages? R&D Expenditures, High-tech Exports and Country Size in 19 OECD Countries, 1981–1999” International Economic Journal, 22(1): 95-111, DOI: 10.1080/10168730801887026.
  • Bhagwati, J. N. (1958) “Immiserizing Growth: A Geometrical Note” Review of Economic Studies, 3: 201-5.
  • Baltagi, B. (2005) “Econometric Analysis of Panel Data” John Wiley Sons Ltd: West Sussex.
  • De Mello, L. R. Jr. (1997) “Foreign Direct Investment in Developing Countries and Growth: A Selective Survey” Journal of Development Studies, 34:1–24.
  • Eaton, J. and Kortum, S. (2001) “Trade in Capital Goods” European Economic Review, 45(7): 1195-1235.
  • Falk, M. (2009) “High-tech Exports and Economic Growth in Industrialized Countries” Applied Economics Letters, 16 (10): 1025-1028.
  • Ford, T. C., Rork, J. C. and Elmslie, B. T. (2008) “Foreign Direct Investment, Economic Growth, and the Human Capital Threshold: Evidence from US States” Review of International Economics, 16: 96–113.
  • Harrison, A. and Rodríguez-Clare, A. (2010) “Trade, Foreign Investment, and Industrial Policy” in Dani Rodrick and Mark R. Rosenzweig (eds), Handbook of Development Economics, Vol.5, Amsterdam: Elsevier.
  • Herzer, D. (2012) “How Does Foreign Direct Investment Really Affect Developing Countries’ Growth” Review of International Economics, 20(2):396–414. DOI:10.1111/j.1467-9396.2012.01029.x
  • Holtz-Eakin, D., Newey, W. and Rosen, H. S. (1988) “Estimating Vector Autoregressions with Panel Data” Econometrica: Journal of the Econometric Society, 1371-1395.
  • Investment Map-International Trade Statistics (www.investmentmap.org), 2018.
  • Kabaklarlı, E., Duran, M. ve Üçler, Y. (2017) The Determinants of High-Technology Exports: A Panel Data Approach for Selected OECD Countries” DIEM, 1-13, https://hrcak.srce.hr/file/276334,18.12.2017.
  • Kato, A. (2015) “Effects of Exchange Rate Changes on East Asian Technology-Intensive Exports” The Journal of International Trade & Economic Development, 24:6, 809-821, DOI: 10.1080/09638199.2014.974659.
  • Kızılkaya, O., Sofuoğlu, E. ve Ay, A. (2017) “Yüksek Teknolojili Ürün İhracatı Üzerinde Doğrudan Yabancı Sermaye Yatırımları ve Dışa Açıklığın Etkisi: Gelişmekte Olan Ülkelerde Panel Veri Analizi” Doğuş Üniversitesi Dergisi,18(1):63-78.
  • Kremer, M. (1993) “The 0-Ring Theory of Economic Development” The Quarterly Journal of Economics (Oxford University Press) 108 (3):551-575.
  • Lemonie, F. ve Kesenci, Ü. (2008) “Rise of China and India in International Trade: From Textiles to New Technology” China & World Economy,16: 16–34.
  • Li, H., Huang, P. and Li, J. (2007) “China’s FDI Net Inflow and Deterioration of Terms of Trade: Paradox and Explanation” China & World Economy,15: 87–95.
  • Linder, S. (1961) “An Essay onTrade and Transformation” Publisher, Wiley, pages 1- 167.
  • Lipsey, R. E. (2004) Home- and Host-Country Effects of Foreign Direct Investment. NBER Working Paper, 3615: 1-51.
  • Mani, S. (2004) “Exports of High Technology Products from Developing Countries: Are the Figures Real or Are They Statistical Artefacts?” Innovation, Learning, and Technological Dynamism of Developing Countries, 12-47.
  • Mayer, J., Butkevicius, A. and Kadri, A. (2002) “Dynamic Products in World Exports” Discussion Papers No. 159. UNCTAD, Geneva.
  • Mehrara, M., Seijani, S. and Karsalari, A. R. (2017) “Determinants of High-Tech Export in Developing Countries Based on Bayesian Model Averaging” Zbornik Radova Ekonomskog Fakulteta u Rjieci, 35(1): 199-215.
  • Metcalfe, J. S. (1998) “Evolutionary Economics and Creative Destruction”. Routledge: 1-116.
  • Nickell, S., Nicolitsas, D. And Dryden, N. (1997) “What Makes Firms Perform Well?” European Economic Review, 41: 783-796.
  • Porter, M.E. (2008)“Rekabet Üzerine”, Harvard Business School Publishing Corporation (çev.Kıvanç Tanrıyar),Optimist Yayın no 211,pp.1-568
  • Roodman, D. (2006) “Xtabond2: Stata Module to Extend Xtabond Dynamic Panel Data Estimator” Center for Global Development, Washington, DC.
  • Saadi, M. (2012) “Export Sophistication and the Terms of Trade of The Developing and Emerging Countries” International Review of Applied Economics, 26 (5): 623-642.
  • Sertić, M. B., Vučković, V. and Perić, B. Š. (2015) “Determinants of Manufacturing Industry Exports in European Union Member States: A Panel Data Analysis” Economic Research-Ekonomska Istraživanja, 28:1, 384-397, DOI:10.1080/1331677X.2015.1043781.
  • Schumpeter, A. J. (1975) “Creative Destruction, Capitalism, Socialism and Democracy”(Orj. 1942): 82-85.
  • Sandu, S. and Ciocanel, N. (2014) “Impact of R&D and Innovation on High-Tech Export” Procedia Economics and Finance, 15: 80-90.
  • Seyoum, B. (2004) “The Role of Factor Conditions in High-Technology Exports: An Empirical Examination” Journal of High Technology Management Research, 15 (1): 145–162.
  • Seyoum, B. (2005) “Determinants of Levels of High Technology Exports an Empirical Investigation” Advances in Competitiveness Research, 13(1): 64-79.
  • Srholec, M. (2007) “High-Tech Exports from Developing Countries: A Symptom of Technology Spurts or Statistical Illusion?” Review of World Economics/WeltwirtschaftlichesArchiv, 143 (2): 227–255.
  • Todaro, M. and Smith, S. C. (2011) “Economic Development”, 11th Edition, Pearson Education and Addison-Wesley.
  • Tebaldi, E. (2011) “The Determinants of High-Technology Exports: A Panel Data Analysis” Atlantic Economic Journal, 39 (4): 343–353.
  • Xing, Y. (2012) “The People’s Republic of China’s High Tech Exports: Myth and Reality” ADBI Working Paper, No 5055, Asian Development Bank Institute.
  • Windmeijer, F. (2005) “A Finite Sample Correction for the Variance of Linear E_Cient Two-Step GMM Estimators” Journal of Econometrics, 126: 25-51.
  • Worldbank Databank (2013) World Development Indicators, http://databank.worldbank.org/data/views/variableselection/selectvariables.aspx?source=world-development-indicators, Accessed at 02.08.2013.
  • World Bank (2018) World Development Indicators, http://databank.worldbank.org/data /reports.aspx ?source =world-development-indicators
  • Yoo, S. H. (2008) “High-Technology Exports and Economic Output: An Empirical Investigation” Applied Economics Letters, 15 (7): 523-525.
  • Zhang, K. H. (2007) “International Production Networks and Export Performance in Developing Countries: Evidence from China” The Chinese Economy, 40: 83–96. doi:10.2753/CES1097-1475400605.
Year 2020, Volume: 11 Issue: 21, 242 - 267, 30.06.2020
https://doi.org/10.36543/kauiibfd.2020.012

Abstract

References

  • Allard, C., Catalan, M., Everaert, L. and Sgherri, S. (2005) “Explaining Differences in External Sector Performance among Large Euro Area Countries” IMF Country Report No. 05/401.
  • Agosin, M. and Machado, R. (2005) “Foreign Investment in Developing Countries: Does It Crowd in Domestic Investment?” Oxford Development Studies 33:149–62.
  • Aizenman, J. and Noy, I. (2006) “FDI and Trade-two-way Linkages?” The Quarterly Review of Economics and Finance, Elsevier, 46(3): 317-337.
  • Amiti, M. and Freund, C. (2007) “China’s Export Boom” Finance and Development, 44:38–41.
  • Arellano, M. and Bond, S. (1991) “Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations” Review of Economic Studies, 58: 277-297.
  • Arellano, M. and Bover, O. (1995) “Another Look at the Instrumental Variable Estimation of Error-Components Models” Journal of Econometrics, 68(1): 29-51.
  • Auer, R. A. (2015) “Human Capital and the Dynamic Effects of Trade” Journal of Development Economics, Vol.117:107-118.
  • Barro, R. and Lee, J. W. (2013) “A New Data Set of Educational Attainment in the World, 1950-2010” Journal of Development Economics,104:184-198 (updated version 2016).
  • Bayoumi, T., Harmsen, R. and Turunen, J. (2011) “Euro Area Export Performance and Competitiveness” IMF Working Paper No. 140. Retrieved from International Monetary Fund website: https://www.imf.org/external/pubs/ft/wp/2011/wp11140.pdf
  • Blanchard, E. J.and Olney, W. W. (2017) “Globalization and Human Capital Investment: Export Composition Drives Educational Attainment” Journal of International Economics, 106: 165-183.
  • Brainard, S. L. (1993) “An Empirical Assessment of the Proximity – Concentration Trade off between Multinational Sales and Trade” NBER Working Paper, 4580: 1-59.
  • Braunerhjelm, P. and Thulin, P. (2008) “Can Countries Create Comparative Advantages? R&D Expenditures, High-tech Exports and Country Size in 19 OECD Countries, 1981–1999” International Economic Journal, 22(1): 95-111, DOI: 10.1080/10168730801887026.
  • Bhagwati, J. N. (1958) “Immiserizing Growth: A Geometrical Note” Review of Economic Studies, 3: 201-5.
  • Baltagi, B. (2005) “Econometric Analysis of Panel Data” John Wiley Sons Ltd: West Sussex.
  • De Mello, L. R. Jr. (1997) “Foreign Direct Investment in Developing Countries and Growth: A Selective Survey” Journal of Development Studies, 34:1–24.
  • Eaton, J. and Kortum, S. (2001) “Trade in Capital Goods” European Economic Review, 45(7): 1195-1235.
  • Falk, M. (2009) “High-tech Exports and Economic Growth in Industrialized Countries” Applied Economics Letters, 16 (10): 1025-1028.
  • Ford, T. C., Rork, J. C. and Elmslie, B. T. (2008) “Foreign Direct Investment, Economic Growth, and the Human Capital Threshold: Evidence from US States” Review of International Economics, 16: 96–113.
  • Harrison, A. and Rodríguez-Clare, A. (2010) “Trade, Foreign Investment, and Industrial Policy” in Dani Rodrick and Mark R. Rosenzweig (eds), Handbook of Development Economics, Vol.5, Amsterdam: Elsevier.
  • Herzer, D. (2012) “How Does Foreign Direct Investment Really Affect Developing Countries’ Growth” Review of International Economics, 20(2):396–414. DOI:10.1111/j.1467-9396.2012.01029.x
  • Holtz-Eakin, D., Newey, W. and Rosen, H. S. (1988) “Estimating Vector Autoregressions with Panel Data” Econometrica: Journal of the Econometric Society, 1371-1395.
  • Investment Map-International Trade Statistics (www.investmentmap.org), 2018.
  • Kabaklarlı, E., Duran, M. ve Üçler, Y. (2017) The Determinants of High-Technology Exports: A Panel Data Approach for Selected OECD Countries” DIEM, 1-13, https://hrcak.srce.hr/file/276334,18.12.2017.
  • Kato, A. (2015) “Effects of Exchange Rate Changes on East Asian Technology-Intensive Exports” The Journal of International Trade & Economic Development, 24:6, 809-821, DOI: 10.1080/09638199.2014.974659.
  • Kızılkaya, O., Sofuoğlu, E. ve Ay, A. (2017) “Yüksek Teknolojili Ürün İhracatı Üzerinde Doğrudan Yabancı Sermaye Yatırımları ve Dışa Açıklığın Etkisi: Gelişmekte Olan Ülkelerde Panel Veri Analizi” Doğuş Üniversitesi Dergisi,18(1):63-78.
  • Kremer, M. (1993) “The 0-Ring Theory of Economic Development” The Quarterly Journal of Economics (Oxford University Press) 108 (3):551-575.
  • Lemonie, F. ve Kesenci, Ü. (2008) “Rise of China and India in International Trade: From Textiles to New Technology” China & World Economy,16: 16–34.
  • Li, H., Huang, P. and Li, J. (2007) “China’s FDI Net Inflow and Deterioration of Terms of Trade: Paradox and Explanation” China & World Economy,15: 87–95.
  • Linder, S. (1961) “An Essay onTrade and Transformation” Publisher, Wiley, pages 1- 167.
  • Lipsey, R. E. (2004) Home- and Host-Country Effects of Foreign Direct Investment. NBER Working Paper, 3615: 1-51.
  • Mani, S. (2004) “Exports of High Technology Products from Developing Countries: Are the Figures Real or Are They Statistical Artefacts?” Innovation, Learning, and Technological Dynamism of Developing Countries, 12-47.
  • Mayer, J., Butkevicius, A. and Kadri, A. (2002) “Dynamic Products in World Exports” Discussion Papers No. 159. UNCTAD, Geneva.
  • Mehrara, M., Seijani, S. and Karsalari, A. R. (2017) “Determinants of High-Tech Export in Developing Countries Based on Bayesian Model Averaging” Zbornik Radova Ekonomskog Fakulteta u Rjieci, 35(1): 199-215.
  • Metcalfe, J. S. (1998) “Evolutionary Economics and Creative Destruction”. Routledge: 1-116.
  • Nickell, S., Nicolitsas, D. And Dryden, N. (1997) “What Makes Firms Perform Well?” European Economic Review, 41: 783-796.
  • Porter, M.E. (2008)“Rekabet Üzerine”, Harvard Business School Publishing Corporation (çev.Kıvanç Tanrıyar),Optimist Yayın no 211,pp.1-568
  • Roodman, D. (2006) “Xtabond2: Stata Module to Extend Xtabond Dynamic Panel Data Estimator” Center for Global Development, Washington, DC.
  • Saadi, M. (2012) “Export Sophistication and the Terms of Trade of The Developing and Emerging Countries” International Review of Applied Economics, 26 (5): 623-642.
  • Sertić, M. B., Vučković, V. and Perić, B. Š. (2015) “Determinants of Manufacturing Industry Exports in European Union Member States: A Panel Data Analysis” Economic Research-Ekonomska Istraživanja, 28:1, 384-397, DOI:10.1080/1331677X.2015.1043781.
  • Schumpeter, A. J. (1975) “Creative Destruction, Capitalism, Socialism and Democracy”(Orj. 1942): 82-85.
  • Sandu, S. and Ciocanel, N. (2014) “Impact of R&D and Innovation on High-Tech Export” Procedia Economics and Finance, 15: 80-90.
  • Seyoum, B. (2004) “The Role of Factor Conditions in High-Technology Exports: An Empirical Examination” Journal of High Technology Management Research, 15 (1): 145–162.
  • Seyoum, B. (2005) “Determinants of Levels of High Technology Exports an Empirical Investigation” Advances in Competitiveness Research, 13(1): 64-79.
  • Srholec, M. (2007) “High-Tech Exports from Developing Countries: A Symptom of Technology Spurts or Statistical Illusion?” Review of World Economics/WeltwirtschaftlichesArchiv, 143 (2): 227–255.
  • Todaro, M. and Smith, S. C. (2011) “Economic Development”, 11th Edition, Pearson Education and Addison-Wesley.
  • Tebaldi, E. (2011) “The Determinants of High-Technology Exports: A Panel Data Analysis” Atlantic Economic Journal, 39 (4): 343–353.
  • Xing, Y. (2012) “The People’s Republic of China’s High Tech Exports: Myth and Reality” ADBI Working Paper, No 5055, Asian Development Bank Institute.
  • Windmeijer, F. (2005) “A Finite Sample Correction for the Variance of Linear E_Cient Two-Step GMM Estimators” Journal of Econometrics, 126: 25-51.
  • Worldbank Databank (2013) World Development Indicators, http://databank.worldbank.org/data/views/variableselection/selectvariables.aspx?source=world-development-indicators, Accessed at 02.08.2013.
  • World Bank (2018) World Development Indicators, http://databank.worldbank.org/data /reports.aspx ?source =world-development-indicators
  • Yoo, S. H. (2008) “High-Technology Exports and Economic Output: An Empirical Investigation” Applied Economics Letters, 15 (7): 523-525.
  • Zhang, K. H. (2007) “International Production Networks and Export Performance in Developing Countries: Evidence from China” The Chinese Economy, 40: 83–96. doi:10.2753/CES1097-1475400605.
There are 52 citations in total.

Details

Primary Language English
Journal Section Articles
Authors

Tuğba Akın 0000-0002-1132-388X

Sevcan Güneş 0000-0001-8367-8965

Sinem Pınar Gürel 0000-0002-5088-4575

Duygu Yolcu Karadam 0000-0003-3139-2003

Publication Date June 30, 2020
Acceptance Date May 12, 2020
Published in Issue Year 2020 Volume: 11 Issue: 21

Cite

APA Akın, T., Güneş, S., Gürel, S. P., Karadam, D. Y. (2020). YÜKSEK TEKNOLOJİ İHRACATININ TEMEL BELİRLEYİCİLERİNİN ANALİZİ: BİR PANEL VERİ. Kafkas Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi, 11(21), 242-267. https://doi.org/10.36543/kauiibfd.2020.012

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