Journals / Elektronik Sosyal Bilimler Dergisi / 2020 / Cilt: 19 - Sayı: 74

INVESTIGATION OF THE EFFECT OF TURKEY'S HIGH-TECH EXPORTS ON THE ECONOMIC GROWTH USING THE STRUCTURAL BREAK ARDL BOUNDS TESTING

Pages
865–878
Publication Date
2020-04-01
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

As a result of the analysis, it was found that a 1% increase in high technology exports increased the economic growth by approximately 0.44% in the long term.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:While the technological capacity and efforts of developed and some developing countries as a result of R&D activities position these countries among the high-technology product exporting countries, it is seen that developing countries that doesn't have adequate technological infrastructure and doesn't attach importance to R&D activities are among the countries that import technology and high technology products at higher costs.
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Key Findings & Data:The technological knowledge and skills discovered as a result of the increase in the intensity of R&D activities affect economic growth positively by leading to new high-tech products purchased in international markets.
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Conclusion & Impact:As a result of the analysis, it was found that a 1% increase in high technology exports increased the economic growth by approximately 0.44% in the long term.
🔬Design:Research Article
📍Scope:2016 Verileri
⚙️Variables:Economic Growth · High-tech Exports · Research and Development

Özet

While the technological capacity and efforts of developed and some developing countries as a result of R&D activities position these countries among the high-technology product exporting countries, it is seen that developing countries that doesn't have adequate technological infrastructure and doesn't attach importance to R&D activities are among the countries that import technology and high technology products at higher costs. The technological knowledge and skills discovered as a result of the increase in the intensity of R&D activities affect economic growth positively by leading to new high-tech products purchased in international markets. This study aims to investigate the relationship between Turkey's high-tech exports economic growth. For this purpose, ARDL bounds testing was carried out to predict the relationships between the variables using the data on high-tech exports and GDP variables of Turkey for the 1989-2016 period. As a result of the analysis, it was found that a 1% increase in high technology exports increased the economic growth by approximately 0.44% in the long term.

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Cite This Article

CANBAY, Ş. (2020). INVESTIGATION OF THE EFFECT OF TURKEY'S HIGH-TECH EXPORTS ON THE ECONOMIC GROWTH USING THE STRUCTURAL BREAK ARDL BOUNDS TESTING. Elektronik Sosyal Bilimler Dergisi, Cilt: 19 - Sayı: 74, 865–878. https://ajindex.com/articles/415259

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