Ekonomik Küreselleşme Sofistike Mamül Üretimini Etkiler mi? : Güney Kore Örnekleminde Ampirik Bir Analiz

Year 2016, , 21 - 38, 04.12.2016

Muhlis Can

https://doi.org/10.17153/oguiibf.272210

Cited By: 4

Abstract

Son dönemde iktisat literatüründe yapılan çalışmalarda yapısal dönüşümün önemi sıklıkla vurgulanmaktadır. Bu dönüşümü başarmış ülkelerin başında Güney Kore gelmektedir. Bu çalışmada, üretimde sofistike mamül üretim düzeyini temsil eden ekonomik kompleksite ile ekonomik küreselleşme ilişkisinin Güney Kore örnekleminde incelenmesi amaçlanmıştır. Çalışmada birim kök testleri yapısal kırılmaları göz önünde bulunduran Zivot ve Andrews (1992), Lee ve Strazicich (2003) yaklaşımlarıyla gerçekleştirilmiştir. Eş bütünleşme analizinde Maki (2012) yaklaşımı diğer taraftan; uzun ve kısa dönem analizlerinde Tam Modifiye Edilmiş En Küçük Kareler (FMOLS) yöntemi kullanılmıştır. Çalışma sonucunda ekonomik küreselleşmenin ekonomik kompleksiteyi pozitif şekilde etkilediği bulgusuna ulaşılmıştır. Hata düzeltme modelinde ise hata teriminin negatif ve istatistiki olarak anlamlı olduğu tespit edilmiştir.

Keywords

Ekonomik Kompleksite, Ekonomik Küreselleşme, Sofistike Üretim, Yapısal Kırılma, Eşbütünleşme

Does Economic Globalization Effect Sophisticated Product Manufacturing? : An Empirical Study in South Korea

Abstract

The importance of structural transformation is often emphasized in recent studies in economic literature. One of the leading countries managed to achieve this transformation is South Korea. In this study, it is aimed to investigate the relationship between economic complexity representing the level of sophisticated product manufacturing and economic globalization in the sample of South Korea. In unit test analysis Zivot and Andrews (1992), Lee and Strazicich (2003), taking account structural breaks, have been employed. In cointegration analysis Maki (2012) approach and in short and long term analysis Fully Modified Ordinary Least Square Method (FMOLS) have been used. It has been conculuded that economic globalization has posive effect on economic complexity. In the error correction model, it has been observed that error correction term is negative and statistically significant.

Keywords

Economic Complexity, Economic Globalization, Sophisticated Production, Structural Break, Cointegration

References

• Açıkgöz, Ş. ve M. Mert (2011), “Küreselleşme Ekonomik Büyümeyi Etkiliyor Mu? Türkiye Örneği”, 12.Uluslararası Ekonometri Yöneylem Araştırması ve İstatistik Sempozyumu, Pamukkale Üniversitesi, Denizli, 701-716.
• Ali, A. ve K. S. Imai (2013), “Crisis, Economic Integration and Growth Collapses in African Countries”, Discussion Paper Series DP 2013-07, Kobe: Research Institute for Economics & Busines Administration, Kobe University.
• Apergis, N., K. P. Contantinos ve N. M. Tabakis (2006), “Dynamic Linkages between FDI Inflows and Domestic Investment: A Panel Cointegration Approach”, Atlantic Economic Journal, 34(4), 385-394.
• Arslanhan, S. ve Y. Kurtsal (2010) “Güney Kore İnovasyondaki Başarısını Nelere Borçlu? Türkiye İçin Çıkarımlar”, TEPAV Politika Notu.
• Atlas Media, http://atlas.media.mit.edu/en/, (Erişim: 15.11.2015).
• Blomström, M., A. Kokko ve M. Zejan (2000), Foreign Direct Investment Firm and Host Country Strategies, Hampshire and London: Macmillan Press Ltd, New York: St.Martin’s Press Inc,.
• Carrion-I-Silvestre, J. L. ve A. Sanso (2006), “Testing the Null of Cointegration with Structural Breaks”, Oxford Bulletin of Economics and Statistics, 68(5), 623-646.
• Chang, C. ve C. Lee (2010), “Globalization and Economic Growth: A Political Economy Analysis for OECD Countries”, Global Economic Review, 39(2), 151-173.
• Chang, C. ve C. Lee (2011), “The Partisan Comparisons for Global Effect on Economic Growth: Panel Data Analysis of Former Communist Countries and European OECD Members”, Eastern European Economics, 49(6), 5–27.
• Chang, C., C. Lee ve M. Hsieh (2011). “Globalization, Real Output and Multiple Structural Breaks”, Global Economic Review, 40(4), 421- 444.
• Collier, P. ve J. Venables (2007), “Rethinking Trade Preferences: How Africa Can Diversifiy its Export”, The World Economy, 30 (8), 1326-1345.
• Daude, C., A. Nagengast, J. R. Perea (2015), “Productive Capabilities: An Empirical Analysis of Their Drives”, The Journal of International Trade&Economic Development, DOI: 10.1080/09638199.2015.1073342.
• Delice, G. ve Y. E. Birol (2011), “Dolaysız Yabancı Sermaye Yatırımları ve Dış Ticaret Bilançosu: Türkiye Üzerine Bir Uygulama”, Uludağ Üniversitesi İktisadi ve İdari Bilimler Dergisi, 30(2), 1-28.
• Doğan, B. ve M. Can (2016), “Küreselleşmenin Büyümeye Etkisi: Güney Kore Örnekleminde Eşbütünleşme Analizi” Çankırı Karatekin İktisadi ve İdari Bilimler Fakültesi Dergisi, http://dx.doi.org/10.18074/cnuiibf.319.
• Dreher, A. (2006), “Does Globalization Affect Growth? Evidence from a New Index of Globalization”, Applied Economics, 38(10), 1091-1110.
• Erkan, B. ve E. Yıldırımcı (2015), “Economic Complexity and Export Competitiveness: The Case of Turkey”, Procedia-Social and Behavioral Sciences, 195, 524-533.
• Felipe, J., U. Kumar, N. Usui ve A. Abdon, (2013), “Why has China Succeeded? and Why It Will Continue To Do So”, Cambridge Journal of Economics, 37, 791-818.
• Felipe, J., U. Kumar, N. Usui, A. Abdon ve M. Bacate (2012). “Product Complexity and Economic Development”, Structural Change and Economic Dynamics, 23, 36-68.
• Gorodnichenko, Y., J. Svejnar ve K. Terrell (2007), “Foreign Direct Investment Spillovers in Emerging Market Economies”, Ed. Klaus Liebscher, Josef Chirtl, Peter Mooslechner, Doris Ritzberger-Grunwald, Foreign Direct Investment in Europe, Cheltenham: Edward Elgar Publishing Limited, 58-75.
• Gregory, A. W. ve B. E. Hansen (1996), “Residual-Based Tests for Cointegration in Models with Regime Shifts”, Journal of Econometrics, 70 (1), 99-126.
• Hartmann, D., M. R. Guevara, C. Jara-Figueroa, M. Aristaran ve C. A. Hidalgo (2015), “Linking Economic Complexity, Institutions and Income Inequality”, http://arxiv.org/abs/1505.07907, (Erişim: 02.11.2015).
• Hausmann, R. ve B. Klinger (2009), “Policies for Achieving Structural Transformation in the Caribbean”, Inter-American Development Bank, Private Sector Development Discussion Paper, No.2.
• Hausmann, R. ve C. A. Hidalgo (2011) “The Network Structure of Economic Output”, Journal of Economic Growth, 16(4), 309-342.
• Hausmann, R., C. A. Hidalgo, S. Bustos, M. Coscia, S. Chung, J. Jimerez, A. Simoes ve M. A. Yıldırım (2011), The Atlas of Economic Complexity: Mapping Paths to Prosperity, Center for International Development at Harvard University and Macro Connections MIT Media Lab.
• Hausmann, R., J. Hwang ve D. Rodrik (2007), “What You Export Matters”, Journal of Economic Growth, 12(1), 1–25.
• Hidalgo, C. A. (2009). “The Dynamics of Economic Complexity and the Product Space Over a 42 Year Period”, Harvard University CID Working Paper, No.189.
• Jankowska, A., A. J. Nagengast ve J. R. Perea (2012), “The Middle-Income Trap: Comparing Asian and Latin American Experiences”, OECD Development Center, Policy Insights, No.96.
• Javorcik, B. S. ve M. Spatareanu (2005), “Disentangling FDI Spillover Effects: What Do Firm Perception Tell Us?”, Ed. Theodore H. Moran, Edward M. Graham ve Magnus Blomström, Does Foreign Direct Investment Promote Development?, Washington: Institute for International Economics and the Center for Global Development, 45-71.
• Karluk, R. S. (2003), Uluslararası Ekonomi Teori ve Politika, Beta Yayınları, İstanbul.
• KOF Globalization, http://globalization.kof.ethz.ch/, (Erişim: 15.11.2015).
• Lall, S. (2000), “The Technological Structure and Performance of Developing Country Manufactured Exports, 1985-1998”, Quenn Elizabeth House University of Oxford Working Paper Series, No. 44.
• Lee, J. ve M. C. Strazicich (2003), “Minimum Lagrange Multiplier Unit Root Test with Two Structural Breaks”, The Review Of Economics And Statistics, 85(4), 1082–1089.
• Maki, D. (2012), “Tests For Cointegration Allowing For an Unknown Number of Breaks”, Economic Modelling, 29(5), 2011-2015.
• McMillan M., D. Rodrik ve I. Verduzco-Gallo (2014), “Globalization, Structural Change, and Productivity Growth, with an Update on Africa”, World Development, 63, 11-32.
• OECD (2009), OECD Reviews of Innovation Policy: Korea, OECD Publications.
• Poncet, S. ve F. S. Waldemar (2013), “Export Upgrading and Growth: The Prerequisite of Domestic Embeddness”, World Development, 51, 104-118.
• Prasad, E. S., K. Rogoff, S. Wei ve M. A. Kose (2003), “Effects of Financial Globalization on Developing Countries: Some Emprical Evidence”, IMF Occasional Paper, No. 220.
• Rao, B. B. ve K. C. Vadlamannati (2011), “Globalization and Growth in the Low Income African Countries with the Extreme Bound Analysis”, Economic Modelling, 28, 795-805.
• Shahbaz, M., S. Khan ve M. I. Tahir (2013), “The Dynamic Links Between Energy Consuption, Economic Growth, Financial Development and Trade in China: Fresh Evidence from Multivariate Framework Analysis”, Energy Economics, 40, 8-21.
• Shaikh, F. M. ve M. A. Shah (2008), “Impact of Globalization on Pakistan’s Economy by Using CGE Model”, International Conference on Applied Economics – ICOAE, 839-845.
• Villaverde, J. ve A. Maza (2011), “Globalization, Growth and Convergence”, World Economy, 34(6), 952–971.
• Wang, C., X. Liu and Y. Wei (2004), “Impact of Openness on Growth in Different Country Groups”, The World Economy, 24(4), 567-585.
• Westerlund, J. ve D. Edgerton (2006), “Simple Tests for Cointegration in Dependent Panels with Structural Breaks”, Lund University Department of Economics Working Papers, 13.
• Yameogo, N. D., T. Nabassaga ve M. Ncube (2014), “Diversification and Sophistication of Livestock Products: The Case of African Countries”, Food Policy, 49, 398-407.
• Yanar, R. ve A. Şahbaz (2013) “Gelişmekte Olan Ülkelerde Küreselleşmenin Yoksulluk ve Gelir Eşitsizliği Üzerindeki Etkileri”, Eskişehir Osmangazi Üniversitesi İİBF Dergisi, 8(3), 55-74.
• Zivot, E. ve D. W. K. Andrews (1992), “Further Evidence on the Great Crash, the Oil Price Shock and the Unit Root Hypothesis”, Journal of Business And Economic Statistics, 10(3), 251-270.