THE EFFECTS OF ECONOMIC COMPLEXITY, EXPORT AND FIXED CAPITAL INVESTMENTS ON INCOME PER CAPITA: THE CASE OF G-20 COUNTRIES

Year 2019, Volume: 6 Issue: 2, 393 - 407, 29.08.2019

Semanur Soyyiğit Hüseyin Topuz Halil Özekicioğlu

https://doi.org/10.30798/makuiibf.518334

Cited By: 6

Abstract

In today's world economy, where the composition
of exports has gained importance rather than the size of export volumes of
countries, how sophisticated products a country produces and exports indicates
the complexity level of that country. In this study, the effects of economic
complexity index, export and gross fixed capital formation variables on per
capita income are analyzed for 18 countries in the G-20 community. The findings
of the study reveals positive impact of economic complexity index on per capita
income for Brazil, China, Germany, Indonesia, Japan, Mexico, South Korea,
Turkey and the US while revealing negative impact for Argentina, Australia,
Canada, Saudi Arabia and the United Kingdom. Brazil is the only country
differentiates from the other countries in the sense of having the increasing
export share of primary products (raw materials and intermediate goods) while
having decreasing export share of manufactured products and also in the sense
of having positive significant relationship between the economic complexity
level and per capita income.

Keywords

GDP per capita, Economic complexity, Structural transformation, Export sophistication

EKONOMİK KOMPLEKSİTE, İHRACAT VE SABİT SERMAYE YATIRIMLARININ KİŞİ BAŞINA DÜŞEN GELİR ÜZERİNDEKİ ETKİSİ: G-20 ÜLKELERİ ÖRNEĞİ

Abstract

Ülkelerin ihracat hacimlerinin büyüklüğünden
ziyade, ihracatın kompozisyonunun önem kazandığı günümüz dünya ekonomisinde,
ülkelerin ne denli sofistike ürünler ürettikleri ve ihraç ettikleri o
ekonominin kompleksite derecesini göstermektedir. Bu çalışmada G-20
topluluğundaki 18 ülke çerçevesinde; ekonomik kompleksite indeksi, ihracat ve
sabit sermaye yatırımı değişkenlerinin kişi başına düşen gelir üzerindeki
etkisi incelenmektedir. Analiz sonuçları Brezilya, Çin, Almanya, Endonezya,
Japonya, Meksika, Güney Kore, Türkiye ve ABD için ekonomik kompleksite
indeksinin kişi başına düşen gelir üzerinde pozitif etkiye sahip olduğu bir
ilişki ortaya koyarken; Arjantin, Avustralya, Kanada, Suudi Arabistan ve
Birleşik Krallık için negatif etkiye sahip bir ilişki ortaya koymaktadır.
Brezilya hammadde ve ara mal niteliğindeki birincil ürünlerde ihracat payı
artarken mamul ürünlerde ihracat payı azalan, buna karşılık ekonomik
kompleksite düzeyi ile kişi başına düşen gelir arasında pozitif anlamlı ilişki
elde edilen ve böylece diğer ülkelerden ayrışan tek ülke olma özelliği
taşımaktadır.

Keywords

Kişi başı GSYH, Ekonomik kompleksite, Yapısal dönüşüm, İhracat sofistikasyonu

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