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Journals / Maliye Dergisi / 2013 / Sayı: 165

Effects of R&D expenditures on high technology exports, balance of foreign trade and economic growth

Ar-Ge harcamalarının yüksek teknolojili ürün ihracatı, dış ticaret dengesi ve ekonomik büyüme üzerindeki etkileri

İsmet GÖÇER
Pages
215–240
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 has been determined that an increase by 1% in R&D expenditures raised the high technology export by 6.5%, the information-communication technology exports by 0.6% and the economic growth by 0.43%.

📌 3 Key Takeaways

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Objective & Hypothesis:In this study, effects of R&D expenditures on high technology exports, information-communication technology exports, total exports and economic growth as well as the effects of high technology exports on the balance of foreign trade were analyzed for 11 developing Asian countries by using data of 1996-2012 period with panel data analysis which consider cross sectional dependency.
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Key Findings & Data:Stationary of the series was tested by means of Hadri-Kuruzomi (2012) panel unit root test, causality relationship was tested via Dumitrescu-Hurlin (2012) test, the presence of cointegration relationship was tested with Westerlung-Edgerton (2007) LM bootstrap test, cointegration coefficients were estimated with Eberhardt- Bond (2009) Panel AMG method.
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Conclusion & Impact:As a result of the analysis, it has been determined that an increase by 1% in R&D expenditures raised the high technology export by 6.5%, the information-communication technology exports by 0.6% and the economic growth by 0.43%.
🔬Design:Research Article
📍Scope:2012 Verileri
⚙️Variables:Domain Parameters

Abstract

In this study, effects of R&D expenditures on high technology exports, information-communication technology exports, total exports and economic growth as well as the effects of high technology exports on the balance of foreign trade were analyzed for 11 developing Asian countries by using data of 1996-2012 period with panel data analysis which consider cross sectional dependency. Stationary of the series was tested by means of Hadri-Kuruzomi (2012) panel unit root test, causality relationship was tested via Dumitrescu-Hurlin (2012) test, the presence of cointegration relationship was tested with Westerlung-Edgerton (2007) LM bootstrap test, cointegration coefficients were estimated with Eberhardt- Bond (2009) Panel AMG method. As a result of the analysis, it has been determined that an increase by 1% in R&D expenditures raised the high technology export by 6.5%, the information-communication technology exports by 0.6% and the economic growth by 0.43%.

Özet

Bu çalışmada Ar-Ge harcamalarının yüksek teknolojili ürün ihracatı, bilgi- iletişim teknolojileri ihracatı, toplam ihracat ve ekonomik büyüme üzerindeki etkileri ile yüksek teknolojili ürün ihracatının dış ticaret dengesi üzerindeki etkileri gelişmekte olan 11 Asya ülkesi için 1996-2012 dönemi verileri kullanılarak yatay kesit bağımlılığını göz önünde bulunduran panel veri analizi yöntemiyle analiz edilmiştir. Serilerin durağanlığı Hadri-Kuruzomi (2012) panel birim kök testiyle, nedensellik ilişkisi Dumitrescu-Hurlin (2012) testiyle, eşbütünleşme ilişkisinin varlığı Westerlung-Edgerton (2007) LM bootstrap testiyle incelenmiş, eşbütünleşme katsayıları Eberhardt-Bond (2009) Panel AMG yöntemiyle tahmin edilmiştir. Çalışma sonucunda; Ar-Ge harcamalarındaki %1’lik artışın yüksek teknolojili ürün ihracatını %6,5, bilgi-iletişim teknolojileri ihracatını %0,6 ve ekonomik büyümeyi %0,43 oranında arttırdığı tespit edilmiştir.

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Cite This Article

GÖÇER, İ. (2013). Effects of R&D expenditures on high technology exports, balance of foreign trade and economic growth. Maliye Dergisi, Sayı: 165, 215–240. https://ajindex.com/articles/78997

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