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Journals / İstanbul İktisat Dergisi / 2023 / Cilt: 73 Sayı: 1

Has the Industrial Sector Lost Its Importance? An Examination of Exports and Competitiveness

Sanayi Sektörü Önemini Yitirdi mi? İhracat ve Rekabet Gücü Ekseninde Bir İnceleme

Hüseyin KARAGÖZ
Sefer ŞENER
Pages
307–331
Publication Date
2023-06-26
DOI
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AI Summary & Key Takeaways

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

As a result, the study concludes the manufacturing industry as the most important branch of the industrial sector to have an important role in the development of competitiveness and exports that bring sustainability to economic growth, with innovation-oriented initiatives suchas R&D activities in this sector also significantly increasing this effect.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This study examines the effects that the industrial sector, whose share in the economies of countries gradually decreasing, and the innovation that has come to the fore under the competitive conditions of today have on exports and competitiveness.
📊
Key Findings & Data:The study covers the 2008-2017 period for 35 OECD countries and has preferred data on the value the manufacturing industry adds for the industry sector and data on R&D expenditures in regard to innovation.
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Conclusion & Impact:As a result, the study concludes the manufacturing industry as the most important branch of the industrial sector to have an important role in the development of competitiveness and exports that bring sustainability to economic growth, with innovation-oriented initiatives suchas R&D activities in this sector also significantly increasing this effect.
🔬Design:Research Article
📍Scope:2008-2017 Verileri
⚙️Variables:Sanayi Sektörü · İnovasyon · Rekabet Gücü

Abstract

This study examines the effects that the industrial sector, whose share in the economies of countries gradually decreasing, and the innovation that has come to the fore under the competitive conditions of today have on exports and competitiveness. The study covers the 2008-2017 period for 35 OECD countries and has preferred data on the value the manufacturing industry adds for the industry sector and data on R&D expenditures in regard to innovation. The results obtained from the applied panel data analysis method show the increase in the manufacturing industry to have positively affected competitiveness and goods exports and the increase in R&D expenditures to have positively affected competitiveness, goods exports, and high technology exports. As a result, the study concludes the manufacturing industry as the most important branch of the industrial sector to have an important role in the development of competitiveness and exports that bring sustainability to economic growth, with innovation-oriented initiatives suchas R&D activities in this sector also significantly increasing this effect.

Özet

Bu çalışmada, ülke ekonomilerindeki payı giderek azalan sanayi sektörünün ve günümüz rekabet koşularında ön plana çıkan inovasyonun ihracat ve rekabet gücü üzerindeki etkileri incelenmiştir. 35 OECD ülkesinin 2008-2017 dönemini kapsayan çalışmada, sanayi sektörü için imalat sanayi katma değeri, inovasyon için ise Ar-Ge harcamalarına ilişkin veriler tercih edilmiştir. Uygulanan panel veri analizi yönteminden elde edilen sonuçlar, imalat sanayindeki artışın rekabet gücü ve mal ihracatı üzerinde, Ar-Ge harcamalarındaki artışın ise rekabet gücü, mal ihracatı ve yüksek teknoloji ihracatı üzerinde pozitif yönlü etkiler yarattığını göstermiştir. Dolayısıyla, sanayi sektörünün en önemli kolunu oluşturan imalat sanayinin, ekonomik büyümeye sürdürülebilirlik kazandıran rekabet gücü ve ihracatın geliştirilmesinde önemli bir role sahip olduğu, söz konusu sektörde Ar-Ge faaliyetleri gibi inovasyonayönelik girişimlerin bu etkiyi önemli oranda artırdığı sonucuna ulaşılmıştır.

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Cite This Article

KARAGÖZ, H., ŞENER, S. (2023). Has the Industrial Sector Lost Its Importance? An Examination of Exports and Competitiveness. İstanbul İktisat Dergisi, Cilt: 73 Sayı: 1, 307–331. https://ajindex.com/articles/955479

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