Does High Tech Exports Really Matter for Economic Growth a Panel Approach for Upper Middle-Income Economies
In this study, we analyzed the data about the technological diversification of export composition of upper middle-income countries and the impact of the technological composition of exported goods on GDP growth. Using the dynamic panel data analysis techniques for 34 countries between 1995-2015, we...
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| Format: | Article |
| Language: | English |
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Akademik Bilişim Araştırmaları Derneği
2018-01-01
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| Series: | Online Academic Journal of Information Technology |
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| Online Access: | https://dergipark.org.tr/tr/pub/ajit-e/issue/54421/740730 |
| Summary: | In this study, we analyzed the data about the technological diversification of export composition of upper middle-income countries and the impact of the technological composition of exported goods on GDP growth. Using the dynamic panel data analysis techniques for 34 countries between 1995-2015, we confirmed that exports of high technological products will have a significant positive impact on economic growth for upper middle-income countries as well as medium technological products’ exports which have a limited effect. The exports of low-tech products will have a negative effect for economic growth in the long run. |
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| ISSN: | 1309-1581 |