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Assessing the Impact of High-Technology Exports on the Growth of the Turkish Economy      
Yazarlar
Doç. Dr. Emrah SOFUOĞLU Doç. Dr. Emrah SOFUOĞLU
Kırşehir Ahi Evran Üniversitesi, Türkiye
Prof. Dr. Oktay KIZILKAYA Prof. Dr. Oktay KIZILKAYA
Kırşehir Ahi Evran Üniversitesi, Türkiye
Emrah Koçak
Erciyes Üniversitesi, Türkiye
Özet
High technology product export is emerging as one of the issues that economists have discussed frequently in recent years. Increasing the high-tech product export performance provides a competitive advantage in international trade for countries. To this extent, this study aims to determine the impact of high technology product export on economic growth for Turkey over the period 1990-2019. For the empirical analysis, Hatemi-J (2008), Gregory and Hansen (1996) Fully Modified Ordinary Least Squares (FMOLS), DOLS, and Canonical cointegration regression (CCR) methods are utilized. According to the Hatemi-J cointegration test, there is a long-term relationship between high-technology product export, fixed capital formation, and economic growth, yet a structural break was detected for 2008. In addition, the Gregory and Hansen test result also confirms the cointegration relationship under structural breaks for 2003 and 2006. FMOLS, DOLS, and CCR long-term coefficient test results indicate that high technology product export positively impacts economic growth. The fundamental policy recommendation of this study is to increase financial resources to boost high-tech exports and thus economic growth.
Anahtar Kelimeler
High technology product export | Economic growth | Fixed capital formationx | Structural break cointegration | Hatemi-J cointegration
Makale Türü Özgün Makale
Makale Alt Türü Ulusal alan endekslerinde (TR Dizin, ULAKBİM) yayımlanan tam makale
Dergi Adı JOURNAL OF ECONOMIC POLICY RESEARCHES-IKTISAT POLITIKASI ARASTIRMALARI DERGISI
Dergi ISSN 2148-3876
Dergi Tarandığı Indeksler TR DİZİN
Makale Dili İngilizce
Basım Tarihi 01-2022
Cilt No 9
Sayı 1
Sayfalar 205 / 229
Doi Numarası 10.26650/JEPR950483
Makale Linki https://dergipark.org.tr/en/download/article-file/1816829
BM Sürdürülebilir Kalkınma Amaçları
Atıf Sayıları
WoS 1
TRDizin 1
Google Scholar 7
Assessing the Impact of High-Technology Exports on the Growth of the Turkish Economy

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