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Journals / Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi / 2014 / Cilt: 0 - Sayı: 44

EFFECT OF RESEARCH AND DEVELOPMENT EXPENDITURES ON HIGH TECHNOLOGY EXPORTS: A PANEL DATA ANALYSIS FOR G- 8 COUNTRIES

ARAŞTIRMA GELİŞTİRME HARCAMALARININ YÜKSEK TEKNOLOJİ ÜRÜN İHRACATI ÜZERİNDEKİ ETKİSİ: G-8 ÜLKELERİ İÇİN BİR PANEL VERİ ANALİZİ

Halil ÖZEKİCİOĞLU
Yılmaz BAYAR
Cüneyt KILIÇ
Pages
115–130
Publication Date
2022-10-18
DOI
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AI Summary & Key Takeaways

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

Moreover there was bidirectional causality between research and development expenditures and high technology exports and between research and development expenditures and real effective exchange rate and unidirectional causality from high technology exports to real effective exchange rate.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Research and development expenditures are one of the key variables which countries have focused on to attain a sustainable growth performance in recent years.
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Key Findings & Data:This in turn increases export revenues and makes a significant contribution to economic growth, because high technology products yield more value-added products.
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Conclusion & Impact:Moreover there was bidirectional causality between research and development expenditures and high technology exports and between research and development expenditures and real effective exchange rate and unidirectional causality from high technology exports to real effective exchange rate.
🔬Design:Research Article
📍Scope:2011 Verileri
⚙️Variables:Domain Parameters

Abstract

Research and development expenditures are one of the key variables which countries have focused on to attain a sustainable growth performance in recent years. Research and development expenditures have export of one country shifted from low technology products to high technology products. This in turn increases export revenues and makes a significant contribution to economic growth, because high technology products yield more value-added products. This study examines the relationship between research and development expenditures and high technology exports in G8 countries during the period 1996-2011 by using panel data analysis. We found that research and development expenditures and real effective exchange rate had positive impact on high technology exports. Moreover there was bidirectional causality between research and development expenditures and high technology exports and between research and development expenditures and real effective exchange rate and unidirectional causality from high technology exports to real effective exchange rate.

Özet

Araştırma geliştirme harcamaları, son yıllarda bir ülkenin sürdürülebilir bir büyüme performansı yakalayabilmesi için üzerinde durulan en önemli değişkenlerden birisidir. Araştırma geliştirme harcamaları öncelikli olarak bir ülkenin ihracatını düşük teknolojili ürünlerden yüksek teknolojili ürünlere kaydırmaktadır. Yüksek teknolojili ürünler daha fazla katma değer yarattıklarından dolayı, ülkenin ihracat gelirlerini arttırmakta ve ekonomik büyümeye önemli bir katkı sağlamaktadır. Bu çalışmada panel veri analizi kullanılarak 1996-2011 döneminde G-8 ülkelerinde araştırma geliştirme harcamaları ile yüksek teknoloji ürün ihracatı arasındaki ilişki analiz edilmeye çalışılmıştır. Çalışma sonucunda Ar-Ge harcamaları ve reel efektif döviz kurunun, yüksek teknolojili ürün ihracatı üzerinde pozitif etkiye sahip olduğu belirlenmiştir. Ayrıca Ar-Ge harcamaları ile yüksek teknolojili ürün ihracatı ve Ar-Ge harcamaları ile reel efektif döviz kuru arasında iki yönlü nedensellik, yüksek teknolojili ürün ihracatından reel efektif döviz kuruna doğru tek yönlü bir nedensellik olduğu tespit edilmiştir.

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Cite This Article

ÖZEKİCİOĞLU, H., BAYAR, Y., KILIÇ, C. (2022). EFFECT OF RESEARCH AND DEVELOPMENT EXPENDITURES ON HIGH TECHNOLOGY EXPORTS: A PANEL DATA ANALYSIS FOR G- 8 COUNTRIES. Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, Cilt: 0 - Sayı: 44, 115–130. https://ajindex.com/articles/503533

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