Journal Press India®

Identifying the Determinants of High-tech Exports in Advanced and Emerging Economies: A Review of Literature

Vol 8 , Issue 2 , July - December 2021 | Pages: 150-163 | Review paper  

 
Article has been added to the cart.View Cart (0)
https://doi.org/10.17492/jpi.focus.v8i2.822107


Author Details ( * ) denotes Corresponding author

1. * Tausheef Alam, PhD Scholar, Department of Commerce, University of Delhi, Delhi, India (tauseefg90@gmail.com)
2. Phool Chand, Associate Professor, Department of Commerce, PGDAV College, University of Delhi, Delhi, India (pawan_pc123@rediffmail.com)

The global economy is witnessing structural changes in exports and there is expansion of export diversification. There is also shift away from natural resource-based, low-technology exports toward medium and high-technology exports. High technology competency is regarded as one of the most important drivers of economic development and global trade in high technology products can be expected to remain a key growth factor. In the light of these facts, the present paper attempts to review the existing studies on high technology product exports. The aim of this study is to find out the key drivers of high tech exports in advanced and emerging economies by reviewing the existing literature and also to identify the limitations if any in order to consider it in future research.

Keywords

Foreign direct investment; High-tech Exports; Human Development Index; GDP; R&D expenditure.

  1. Alagoz, M., Akar, G., & Akar, T. (2016). High technology export and R&D expenditures: A study for E7 countries. International Journal of Economics, Commerce and Management, 4(11), 2019-230.
  2. Bas, M. (2009). Trade, Foreign Inputs and Firm’s Decisions: Theory and Evidence (Working Papers 2009-35). CEPII Research Center. Retrieved from https://ideas.repec.org/p/cii/cepidt/2009-35.html
  3. Bas, M. (2012). Input-trade liberalization and firm export decisions: Evidence from Argentina. Journal of Development Economics, 97(2), 481-493. Retrieved from https://ideas.repec.org/a/eee/deveco/v97y2012i2p481-493.html
  4. Bas, M., & Strauss-Kahn, V. (2013). Does importing more inputs raise exports? Firm level evidence from france, Review of World Economics, 150(2), 241-275.
  5. Boter, H., & Holmquist, C. (1996). Industry characteristics and internationalization process in small firms. Journal of Business Venturing, 11(6), 471-87. Retrieved from http://www.sciencedirect.com/science/article/pii/S0883-9026(96)89166-X
  6. Doanh, N. K., & Heo, Y. (2007). Impact of intellectual property rights on trade flows in ASEAN countries. Journal of International and Area Studies, 14(1), 1-15. Retrieved from https://www.jstor.org/stable/43111463
  7. Dowling, J., & McGee, J. (1994). Business and technology strategies and new venture performance: A study of the telecommunications equipment industry. Management Science, 40(12), 1663-1677. Retrieved from https://www.jstor.org/stable/2632944
  8. Dumrul, Y., & Kilicarslan, Z. (2018). The effect of R&D expenditures on export: Evidence from a panel of selected OECD countries. Journal of Economics, Finance and Accounting, 5(11), 234-241. http://doi.org/10.17261/Pressacademia.2018.932
  9. Eaton, J., & Kortum, S. (2001). Technology, trade, and growth: A unified framework. European Economic Review, 45, 742-755.
  10. Garces, E. J., & Adriatico, C. G. (2019). Correlates of high-technology exports performance in the Philippines. Open Journal of Social Sciences, 7(5), 215-226. Retrived from https://www.scirp.org/journal/paperinformation.aspx?paperid=92611
  11. Gökmen, Y., & Turen, U. (2013). The determinants of high technology exports volume: A panel data analysis of EU-15 countries. International Journal of Management, Economics and Social Sciences, 2(3), 217 –232.
  12. Hobday, M. (2001). The electronics industries of the Asia- Pacific: Exploiting international production networks for economic development. Asian-Pacific Economic Literature, 15(1), 13-29. Retrived from https://doi.org/10.1111/1467-8411.00092
  13. Ismail, N. (2013, Feb. 20-21). Innovation and high-tech trade in Asian countries. Conference proceedings. International Conference on Recent Developments in Asian Trade Policy and Integration,  Kuala Lumpur Teaching Centre, University of Nottingham Malaysia Campus. Retrieved from https://www.nottingham.ac.uk/ gep/documents/conferences/2013/malaysia-conference/normaz-wana-ismail.pdf
  14. Kabaklarli, E., Duran, M. S., &  Üçler, Y. T. (2018). High-technology exports and economic growth: Panel data analysis for selected OECD countries. Forum Scientiae Oeconomia, 6(2), 47-60. Retrieved from http://cejsh.icm.edu.pl/cejsh/ element/bwmeta1.element.desklight-9411a112-b481-4a57-b37a-721815e9db6c.
  15. Keeble, D., & Wilkinson, F. (2000). High technology clusters, networking and collective learning in Europe (1st ed.). London, Routledge.
  16. Kizilkaya, O., Ay, A., & Sofuoğlu, E. (2016). The determinants of high technology product export in brict countries: An econometric approach. Global Journal on Humanities & Social Sciences, 4, 112-120. Retrieved from http://sproc.org/ojs/ index.php/pntsbs
  17. Lall, S. (1986). Technological development and export performance in LDCs: Leading engineering and chemical firms in India. Weltwirtschaftliches Archiv, 122(1), 80-92. Retrieved from https://www.jstor.org/stable/40439544.
  18. Lall, S. (2000). The technological structure and performance of developing country manufactured exports, 1985‐98. Oxford Development Studies, 28(3), 337-369. Retrieved from https://ideas.repec.org/a/taf/oxdevs/v28y2000i3p337-369.html
  19. Liu, W., & Lin, Y. (2005). Foreign patent rights and high-tech exports: Evidence from Taiwan. Applied Economics, 37(13), 1543-155. https://doi.org/10.1080/ 00036840500173155
  20. Madsen, J. B. (2008). Innovations and manufacturing export performance in the OECD countries. Oxford Economic Papers, 60(1), 143-167. http://dx.doi.org/10.1093/oep/ gpm014
  21. Mani S. (2000). Exports of high technology products from developing countries: Is it real or a statistical artifact (UNU-INTECH Discussion Paper Series 2000-01). United Nations University, Institute for New Technologies. Retrieved from  https://ideas.repec.org/p/unm/unuint/200001.html
  22. Mann, P., Nayak, S., & Aggarwal, V. (2013). India’s manufacturing exports dynamics: An analysis of technology intensity transition (Working Paper No. CWS/WP/200/6). Centre for WTO Studies, Indian Institute of Foreign Trade.
  23. OECD (2009). International trade by technology intensity. OECD Science, Technology and Industry Scoreboard 2009, Paris: OECD Publishing. DOI: https://doi.org/10.1787/sti_scoreboard-2009-34-en
  24. Pohit, S., & Basu, S. (2012). High technology merchandise exports: Where does India stand? South Asia Economic Journal, 13(2), 183-206. https://doi.org/10.1177/1391561412457233.
  25. Samen S. (2010). A primer on export diversification: Key concepts, theoretical underpinnings and empirical evidence (WBI Working Papers). Growth and Crisis Unit, World Bank Institute. Retrieved from https://blogs.worldbank.org/files/growth/ EXPORT_DIVERSIFICATION_A_PRIMER_May2010%281%29.pdf
  26. Sara, T. S., Jackson, F. H., & Upchurch, L. T. (2012) Role of innovation in hi-tech-exports of a nation. International Journal of Business and Management, 7(7), 85-93. http://dx.doi.org/10.5539/ijbm.v7n7p85.
  27. Seyoum, B. (2005). Determinants of levels of high technology exports an empirical investigation. Advances in Competitiveness Research, 13(1), 64-79. Retrieved from https://nsuworks.nova.edu/hcbe_facarticles/996.
  28. Tebaldi, E. (2011). The determinants of high-technology exports: A panel data analysis. International Atlantic Economic Society, 39(4), 343-353. Retrieved from http://hdl.handle.net/10.1007/s11293-011-9288-9
  29. Topcu, B. A. (2018). The effect of R & D expenditures on high-tech manufacturing industry export: The case of OECD countries, Social Sciences Studies Journal, 4(16), 1177-1183.
  30. Verspagen, B. & Wakelin, K. (1997). International Competitiveness and its Determinants. International Review of Applied Economics, 11(2), 177-190.
  31. Y. Co, Catherine. (2004). Do patents rights regime matter? Review of International Economics, 12(3), 359-373. https://doi.org/10.1111/j.1467-9396.2004.00455.x
  32. Ying, S., Miao, L., & Yibo, C. High-tech product export competitiveness, BRIC countries in U.S market: A comparative analysis. The Journal of Developing Areas, 48(3), 195–218. Retrieved from http://www.jstor.org/stable/24241235
  33. Yoo, S. H. (2008). High-technology exports and economic output: an empirical investigation. Applied Economic Letters, 15(7), 523-525. https://doi.org/10.1080/ 13504850600721882.
  34. Zhang, K. H. (2007). Determinants of complex exports: Evidence from cross-country data for 1985– 1998. International Economics, 60(1), 111– 122.
  35. Zhou, W. (2014). Comparing the economic growth of China and India: Current situation, problems, and prospects. World Review of Political Economy, 5(4), 455–471. https://doi.org/10.13169/worlrevipoliecon.5.4.0455
Abstract Views: 34
PDF Views: 2

By continuing to use this website, you consent to the use of cookies in accordance with our Cookie Policy.