Sevcan GÜNEŞ, Sinem Pınar GÜREL, Duygu Yolcu KARADAM, Tugba AKIN

THE ANALYSIS OF MAIN DETERMINANTS OF HIGH TECHNOLOGY EXPORTS: A PANEL DATA ANALYSIS

Export competitiveness is important in globalizing world. High technology exporter countries can increase their export volume and value more easily than the countries exporting primary goods because of high income elasticity in hightechnology products. In this context this study investigates the main determinants of high-technology exports by using a wide panel data set and a wide range of economic, political and institutional variables for 48 countries which cover %90 percent of total hightechnology/total manufactured export ratio. To this aim, panel ARDL methodology have been employed to examine the long run effect of indicators such as, schooling, per capita income, trade openness, foreign direct investments, domestic saving, political stability, reel effective exchange rate and patent applications for the period from 1980 to 2017. Estimation results show that trade openness, FDI inflows, per capita income and schooling are the important factors that affect hightechnology export performance of sample countries.

YÜKSEK TEKNOLOJİ İHRACATININ TEMEL BELİRLEYİCİLERİNİN ANALİZİ: BİR PANEL VERİ ANALİZİ

Küreselleşen dünyada ihracatta rekabetçi olmak önemlidir.Yüksek-teknoloji ürün ihracatçısı ülkeler, yüksek-teknoloji ürünlerin gelir esnekliğinin birincil mallara göre daha yüksek olması nedeniyle hem ihracat hacmini hem de toplam ihracat gelirini daha kolay arttırabilmektedir. Bu kapsamda, çalışmada toplam yüksek teknoloji ihracatının yaklaşık %90’ını temsil eden 48 yüksek teknoloji ihraç eden ülke için, geniş bir panel veri seti ile ekonomik, politik ve kurumsal değişkenler kullanılarak, yüksek teknoloji ihracatını belirleyen temel unsurlar araştırılmıştır. Bu amaçla, 1980-2017 dönemi için okullaşma oranı, kişi başına düşen milli gelir, ticari açıklık, doğrudan yabancı yatırımlar, ulusal tasarruflar, politik istikrar, reel efektif döviz kuru, ve patent başvurularının yüksek teknoloji ihracatına uzun dönem etkilerini analiz etmek için panel ARDL yöntemi kullanılmıştır. Tahmin sonuçları; ticaret açıklığın, doğrudan yabancı yatırım (DYY) girişinin, kişi başına düşen gelir ve okullaşma oranının örneklem ülkelerinin yüksek teknoloji ihracat performansını etkileyen en önemli faktörler olduğunu göstermektedi

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