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THE DETERMINANTS OF HIGH-TECHNOLOGY EXPORTS: A PANEL DATA APPROACH FOR SELECTED OECD COUNTRIES
; Selcuk University, Faculty of Economics and Administrative, Department of Economics, Konya,Turkey
Mahmut Sami Duran
; Selcuk University, Yunak Vocational School, Department of Finance Banking and Insurance, Konya,Turkey
Yasemin Telli Üçler
; Konya Necmettin Erbakan University School of Applied Sciences, Department Of Transportation & Logistic, Konya, Turkey
Puni tekst: engleski, pdf (356 KB)
Kabaklarli, E., Duran, M.S., Üçler, Y.T. (2017). THE DETERMINANTS OF HIGH-TECHNOLOGY EXPORTS: A PANEL DATA APPROACH FOR SELECTED OECD COUNTRIES. DIEM : Dubrovnik International Economic Meeting, 3(1), 888-900. Preuzeto s http://hrcak.srce.hr/187437
This paper uses a panel data approach to analyze the determinants of high-technology exports in selected OECD countries between the years 1989 to 2015. We used High-technology exports (current US$) as dependent variable and FDI (foreign direct investment), patent application of residents, GDP growth rate and Gross capital formation - % of GDP as explanatory variables. The export structure of countries is increasingly moving towards technology-intensive products such as ICT (information, communication technology), aerospace, computing and office equipment, electronic, chemical products, pharmaceutical electrical machinery. The Export structure had an important role in the economic growth theories of many countries since the 1960s, as export growth has been associated with faster productivity and GDP growth. We aimed to find out the relationship between the high-technology exports and explanatory variables which we listed for selected 14 OECD countries (Canada, Denmark Finland, France, Germany, Israel, Korea, Netherland, Norway Switzerland, Sweden, Turkey, UK, USA).
High Technology Export; GDP Growth; FDI; Panel Cointegration
Hrčak ID: 187437
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