Year 2019, Volume 9 , Issue 18, Pages 669 - 684 2019-10-21

HIGH-TECHNOLOGY PRODUCTS EXPORT AND ECONOMIC GROWTH: A PANEL DATA ANALYSIS FOR EU-15 COUNTRIES
YÜKSEK TEKNOLOJİLİ ÜRÜN İHRACATI VE EKONOMİK BÜYÜME: AB-15 ÜLKELERİ İÇİN PANEL VERİ ANALİZİ

Kemal ERKİŞİ [1] , Semra BOĞA [2]


This study investigates the relationship between high-tech product exports and economic growth in EU-15 countries between 1998-2017. The dataset composed of gross domestic product (GDP), high-technology exports (HT), labor force (LF), and gross fixed capital formation (PC). Dumitrescu & Hurlin Causality, Westerlund Cointegration and MG Estimator employed for the analyses. The short-term outcomes revealed a bidirectional causality between (a) HT and GDP, (b) LF and GDP, (c) PC and GDP, (d) LF and HT, (e) LF and PC, and (f) a unidirectional causality from HT to PC. Moreover, (i) a 1% raise in HT cause to 0.49 % increase in GDP, (ii) a 1% raise in LF cause to 0.22 % increase in GDP, (iii) a 1% raise in PC cause to 0.48 % increase in GDP. The long-term outcomes show that (i) a 1% raise in HT cause to a 0.34 % increase in GDP, (ii)a 1% raise in LF cause to a 7.4 % increase in GDP, (iii) a 1% raise in PC cause to a 0.33% increase in GDP. High-tech product exportation has a significant impact not only on economic growth, but also on gross fix capital formation and employment.

Bu çalışma, 1998-2017 dönemini dikkate alarak Avrupa Birliği (AB)-15 ülkelerinde yüksek teknolojili ürün ihracatı ile ekonomik büyüme arasındaki nedensellik ilişkisini hem kısa hem de uzun vade için araştırmaktadır. Veri seti, Gayri Safi Yurtiçi Hasıla (GDP), Yüksek Teknoloji İhracatı (HT), İşgücü (LF) ve Gayri Safi Sabit Sermaye Oluşumu (PC) değişkenlerinden oluşmaktadır. Analizler için Dumitrescu & Hurlin (2012) Granger Panel Nedensellik Testi, Westerlund ECM Panel Eşbütünleşme Testi ve MG Tahmin Edicisi kullanılmıştır. Kısa vadeli analiz sonuçları (a) HT ve GDP, (b) LF ve GDP, (c) PC ve GDP, (d) LF ve HT , (e) LF ve PC değişkenleri arasında çift yönlü ve (f) HT'den PC'ye doğru tek yönlü bir nedensellik ortaya koymuştur. Uzun vadeli sonuçlara göre, (i) HT'de %1'lik artış GDP'de %0.34'lük artışa, (ii) LF'de %1'lik artış GDP'de %7.4'lük artışa, (iii) PC'de %1'lik artış GDP'de %0.33'lük artışa neden olmaktadır. Sonuç olarak bu çalışma, yüksek teknolojili ürün ihracatının sadece ekonomik büyüme üzerinde değil aynı zamanda brüt sabit sermaye oluşumu ve istihdam üzerinde de önemli bir etkisi olduğunu ortaya koymuştur.

Yüksek teknoloji ihracatı, ekonomik büyüme, panel veri analizi, ihracata dayalı büyüme, AB-15 ülkeleri.
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Primary Language en
Subjects Economics
Journal Section Articles
Authors

Orcid: 0000-0001-7197-8768
Author: Kemal ERKİŞİ (Primary Author)
Institution: ISTANBUL GELISIM UNIVERSITY
Country: Turkey


Orcid: 0000-0003-2799-9080
Author: Semra BOĞA
Institution: Adana Alparslan Türkeş Science and Technology University
Country: Turkey


Dates

Publication Date : October 21, 2019

Bibtex @research article { busbed571892, journal = {Bingöl Üniversitesi Sosyal Bilimler Enstitüsü Dergisi}, issn = {1309-6672}, eissn = {2618-6322}, address = {Bingöl Üniversitesi Sosyal Bilimler Enstitüsü Müdürlüğü 12100, Merkez Bingöl}, publisher = {Bingol University}, year = {2019}, volume = {9}, pages = {669 - 684}, doi = {10.29029/busbed.571892}, title = {HIGH-TECHNOLOGY PRODUCTS EXPORT AND ECONOMIC GROWTH: A PANEL DATA ANALYSIS FOR EU-15 COUNTRIES}, key = {cite}, author = {ERKİŞİ, Kemal and BOĞA, Semra} }
APA ERKİŞİ, K , BOĞA, S . (2019). HIGH-TECHNOLOGY PRODUCTS EXPORT AND ECONOMIC GROWTH: A PANEL DATA ANALYSIS FOR EU-15 COUNTRIES. Bingöl Üniversitesi Sosyal Bilimler Enstitüsü Dergisi , 9 (18) , 669-684 . DOI: 10.29029/busbed.571892
MLA ERKİŞİ, K , BOĞA, S . "HIGH-TECHNOLOGY PRODUCTS EXPORT AND ECONOMIC GROWTH: A PANEL DATA ANALYSIS FOR EU-15 COUNTRIES". Bingöl Üniversitesi Sosyal Bilimler Enstitüsü Dergisi 9 (2019 ): 669-684 <http://busbed.bingol.edu.tr/en/issue/49585/571892>
Chicago ERKİŞİ, K , BOĞA, S . "HIGH-TECHNOLOGY PRODUCTS EXPORT AND ECONOMIC GROWTH: A PANEL DATA ANALYSIS FOR EU-15 COUNTRIES". Bingöl Üniversitesi Sosyal Bilimler Enstitüsü Dergisi 9 (2019 ): 669-684
RIS TY - JOUR T1 - HIGH-TECHNOLOGY PRODUCTS EXPORT AND ECONOMIC GROWTH: A PANEL DATA ANALYSIS FOR EU-15 COUNTRIES AU - Kemal ERKİŞİ , Semra BOĞA Y1 - 2019 PY - 2019 N1 - doi: 10.29029/busbed.571892 DO - 10.29029/busbed.571892 T2 - Bingöl Üniversitesi Sosyal Bilimler Enstitüsü Dergisi JF - Journal JO - JOR SP - 669 EP - 684 VL - 9 IS - 18 SN - 1309-6672-2618-6322 M3 - doi: 10.29029/busbed.571892 UR - https://doi.org/10.29029/busbed.571892 Y2 - 2019 ER -
EndNote %0 Bingöl Üniversitesi Sosyal Bilimler Enstitüsü Dergisi HIGH-TECHNOLOGY PRODUCTS EXPORT AND ECONOMIC GROWTH: A PANEL DATA ANALYSIS FOR EU-15 COUNTRIES %A Kemal ERKİŞİ , Semra BOĞA %T HIGH-TECHNOLOGY PRODUCTS EXPORT AND ECONOMIC GROWTH: A PANEL DATA ANALYSIS FOR EU-15 COUNTRIES %D 2019 %J Bingöl Üniversitesi Sosyal Bilimler Enstitüsü Dergisi %P 1309-6672-2618-6322 %V 9 %N 18 %R doi: 10.29029/busbed.571892 %U 10.29029/busbed.571892
ISNAD ERKİŞİ, Kemal , BOĞA, Semra . "HIGH-TECHNOLOGY PRODUCTS EXPORT AND ECONOMIC GROWTH: A PANEL DATA ANALYSIS FOR EU-15 COUNTRIES". Bingöl Üniversitesi Sosyal Bilimler Enstitüsü Dergisi 9 / 18 (October 2019): 669-684 . https://doi.org/10.29029/busbed.571892
AMA ERKİŞİ K , BOĞA S . HIGH-TECHNOLOGY PRODUCTS EXPORT AND ECONOMIC GROWTH: A PANEL DATA ANALYSIS FOR EU-15 COUNTRIES. Bingöl Üniversitesi Sosyal Bilimler Enstitüsü Dergisi. 2019; 9(18): 669-684.
Vancouver ERKİŞİ K , BOĞA S . HIGH-TECHNOLOGY PRODUCTS EXPORT AND ECONOMIC GROWTH: A PANEL DATA ANALYSIS FOR EU-15 COUNTRIES. Bingöl Üniversitesi Sosyal Bilimler Enstitüsü Dergisi. 2019; 9(18): 684-669.