Journals / İşletme ve Ekonomi Araştırmaları Dergisi / 2013 / Cilt: 4 - Sayı: 1

An Investigation of the Relationship between Foreign Trade and Economic Growth in terms of Knowledge Transfer: The Case of Turkey

Dış Ticaret ve Ekonomik Büyüme İlişkisinin Bilgi Transferleri Yönünden İncelenmesi: Türkiye Örneği

Pages
59–76
Publication Date
2022-10-18
DOI
—
🏛️Bibliographic metadata and full text access for this article are provided via DergiPark.
DergiPark Record ↗
✨

AI Summary & Key Takeaways

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

This result implies that Turkey should import more capital goods and have enough human capital to use technology within capital goods

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Instead of making R&D expenditures, developing countries generally obtain technology either directly by transferring technology or indirectly by importing technology contained commodities.
📊
Key Findings & Data:In this study, using the Turkey’s case, the relationship between foreign trade and economic growth is investigated in terms of knowledge transfer through foreign trade for the period 1989-2009.
💡
Conclusion & Impact:This result implies that Turkey should import more capital goods and have enough human capital to use technology within capital goods
🔬Design:Research Article
📍Scope:2009 Verileri
⚙️Variables:Domain Parameters

Abstract

Instead of making R&D expenditures, developing countries generally obtain technology either directly by transferring technology or indirectly by importing technology contained commodities. In this study, using the Turkey’s case, the relationship between foreign trade and economic growth is investigated in terms of knowledge transfer through foreign trade for the period 1989-2009. Using Johansen cointegration method and VAR methodology, the effect of knowledge transfer through foreign trade on economic growth is investigated in terms of direction and dimension. The estimations reveal that knowledge transfer through capital and intermediate goods imports has no significant effect on economic growth of Turkey in the period investigated. Comparisons of variables show that the effect of knowledge transfer through less knowledge contained intermediate goods imports is higher than the effect of knowledge transfer through high knowledge contained capital goods imports. This result implies that Turkey should import more capital goods and have enough human capital to use technology within capital goods

Özet

Gelişmekte olan ülkeler AR-GE harcaması yapmak yerine daha çok ya doğrudan teknoloji transfer ederek veya teknoloji içeriğine sahip malları ithal ederek dolaylı yoldan teknolojiye sahip olmaktadırlar. Yapılan bu çalışmada Türkiye örneği üzerinde dış ticaret ve ekonomik büyüme ilişkisi, dış ticaret ile sağlanan bilgi transferleri yönünden incelenmiştir. Çalışmada Türkiye'nin 1989-2009 yıllarını kapsayan veri seti ile Johansen Eşbütünleşme Testi ve VAR yöntemleri kullanılarak dış ticaret yoluyla gerçekleşen bilgi transferlerinin ekonomik büyümeye etkisinin yönü ve boyutları tespit edilmiştir. Yapılan tahmin sonuçları incelenen dönemde Türkiye'nin ekonomik büyümesinde, sermaye malları ithalatı ve ara malları ithalatı ile sağlanan bilgi transferinin önemli bir etkisinin olmadığını göstermektedir. Değişkenlerin etkisi karşılaştırıldığında ise daha düşük seviyede bilgiyi barındıran ara malı ithalatının daha yüksek bilgi içeren sermaye malı ithalatına göre ekonomik büyüme üzerinde daha fazla etkisinin olduğu sonucuna ulaşılmıştır. Bu sonuç Türkiye'nin daha fazla sermaye malları ithal etmesi ve bu mallardaki ileri teknolojiyi özümseyecek beşeri sermayeye sahip olması gerektiğini ima etmektedir

🔖

Cite This Article

VERGİL, H., SİNAY, M. (2022). An Investigation of the Relationship between Foreign Trade and Economic Growth in terms of Knowledge Transfer: The Case of Turkey. İşletme ve Ekonomi Araştırmaları Dergisi, Cilt: 4 - Sayı: 1, 59–76. https://ajindex.com/articles/556623

📄 Full Text PDF Viewer

📄

PDF görüntüleyici hazırlanıyor...

References (16)

  1. Aghion, P.; P. Howitt (1992) “A Model of Growth Through Creative Destruction” Econometrica, 60(2), s. 323-351.
  2. Alam, M. (2003). Manufactured exports, capital good imports, and economic growth: Experience of Mexico and Brazil. International Economic Journal, 17, 85–105.
  3. Barro, R. J.;(1991). Economic growth in a cross section of countries, Quarterly Journal of Economics, 106(2), 407-443.
  4. Blalock, G. & Veloso, F. (2005).
  5. Trade, Technology Transfer and Productivity Growth: The Neglected Role of Imports, http://dyson.cornell.edu/faculty_sites/gb78/wp/ imports_062305.pdf (Erişim Tarihi: 02.02.2012)
  6. Chuang, Y. (2002). The trade-induced learning effect on growth: Cross country evidence. Journal of Development Studies, 39, 137–154.
  7. Dickey, D.A & Fuller, W.A. (1979). Distribution of the estimators for autoregressive time series with a unit root. Journal of the American Statistical Association, 74, 427-431.
  8. Esfahani, H., (1991). Exports, imports, and economic growth in semi-industrialized countries. Journal of Development Economics, 35, 93–116.
  9. Feder, G (1982). On exports and economic growth. Journal of Development Economics, 12, 59–72.
  10. Grossman, G. M. & Elhanan H. (1991). Innovation and Growth in the Global Economy, Cambridge, MA: MIT Press.
  11. Gujarati, D.N. (2009). Basic econometrics (5. Baskı), New York: The McGraw-Hill/Irwin Companies. Johansen, S. (1991). Estimation and hypothesis testing of cointegration vectors in Gaussian vector autoregressive models. Econometrica, 59, 1551–1580. _____________. (1995). Likelihood-based Inference in Cointegrated Vector Autoregressive Models, Oxford University Press.
  12. Johansen, S. & Juselius K. (1990). Maximum likelihood estimation and inferences on cointegration with applications to the demand for money. Oxford Bulletin of Economics and Statistics, 52, 169–210.
  13. Lawrence, R. Z., & D. E Weinstein (1999). Trade and growth: Import-led or export-led? Evidence from Japan and Korea, http://www.nber.org/papers/w7264.v5.pdf 23–24 (Erişim Tarihi, 25 Haziran 2010).
  14. Lee, J.W. (1995). Capital goods imports and long-run growth. Journal of Development Economics, 48, 91–110.
  15. Li, X, Greenaway D., & Hine R., C. (2003). Imports of services and economic growth: A dynamic panel approach. GEP, School of Economics, University of Nottingham. Lucas, R.E. (1988). On the mechanics of economic development. Journal of Monetary Economics, 22, 3–42.
  16. Mankiw, N.G., Romer D., & Wail D.N. (1992). A contribution to the empirics of economic growth. The Quarterly Jou