Author/Authors :
KILIÇ, Cüneyt Çanakkale Onsekiz Mart Üniversitesi - İktisadi ve İdari Bilimler Fakültesi - İktisat Bölümü, Turkey , BAYAR, Yılmaz Karabük Üniversitesi - İşletme Fakültesi - İşletme Bölümü, Turkey , ÖZEKİCİOĞLU, Halil Cumhuriyet Üniversitesi - İktisadi ve İdari Bilimler Fakültesi - Çalışma Ekonomisi ve Endüstri İlişkileri Bölümü, Turkey
Title Of Article :
EFFECT OF RESEARCH AND DEVELOPMENT EXPENDITURES ON HIGH TECHNOLOGY EXPORTS: A PANEL DATA ANALYSIS FOR G-8 COUNTRIES
Abstract :
Research and development expenditures are one of the key variables which countries have focused on to attain a sustainable growth performance in recent years. Research and development expenditures have export of one country shifted from low technology products to high technology products. This in turn increases export revenues and makes a significant contribution to economic growth, because high technology products yield more value-added products. This study examines the relationship between research and development expenditures and high technology exports in G-8 countries during the period 1996-2011 by using panel data analysis. We found that research and development expenditures and real effective exchange rate had positive impact on high technology exports. Moreover there was bidirectional causality between research and development expenditures and high technology exports and between research and development expenditures and real effective exchange rate and unidirectional causality from high technology exports to real effective exchange rate.
NaturalLanguageKeyword :
R D Expenditures , High Technology Exports , Panel Data Analysis
JournalTitle :
Erciyes University Journal Of Economics and Administrative Sciences
