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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Main Author: Oğuz Demir
Format: Article
Language:English
Published: Akademik Bilişim Araştırmaları Derneği 2018-01-01
Series:Online Academic Journal of Information Technology
Subjects:
Online Access:https://dergipark.org.tr/tr/pub/ajit-e/issue/54421/740730
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author Oğuz Demir
author_facet Oğuz Demir
author_sort Oğuz Demir
collection DOAJ
description 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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spelling doaj.art-b1e9422f64564d75a3abae75a79f61682023-02-15T16:21:34ZengAkademik Bilişim Araştırmaları DerneğiOnline Academic Journal of Information Technology1309-15812018-01-01931435410.5824/1309-1581.2018.1.003.x2039Does High Tech Exports Really Matter for Economic Growth a Panel Approach for Upper Middle-Income EconomiesOğuz Demir0Istanbul Ticaret University, Department of EconomicsIn 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.https://dergipark.org.tr/tr/pub/ajit-e/issue/54421/740730economic growthexport-led growthexport compositionpooled mean group estimatedynamic panel data analysis
spellingShingle Oğuz Demir
Does High Tech Exports Really Matter for Economic Growth a Panel Approach for Upper Middle-Income Economies
Online Academic Journal of Information Technology
economic growth
export-led growth
export composition
pooled mean group estimate
dynamic panel data analysis
title Does High Tech Exports Really Matter for Economic Growth a Panel Approach for Upper Middle-Income Economies
title_full Does High Tech Exports Really Matter for Economic Growth a Panel Approach for Upper Middle-Income Economies
title_fullStr Does High Tech Exports Really Matter for Economic Growth a Panel Approach for Upper Middle-Income Economies
title_full_unstemmed Does High Tech Exports Really Matter for Economic Growth a Panel Approach for Upper Middle-Income Economies
title_short Does High Tech Exports Really Matter for Economic Growth a Panel Approach for Upper Middle-Income Economies
title_sort does high tech exports really matter for economic growth a panel approach for upper middle income economies
topic economic growth
export-led growth
export composition
pooled mean group estimate
dynamic panel data analysis
url https://dergipark.org.tr/tr/pub/ajit-e/issue/54421/740730
work_keys_str_mv AT oguzdemir doeshightechexportsreallymatterforeconomicgrowthapanelapproachforuppermiddleincomeeconomies