Факторы высокотехнологичного экспорта: межстрановой анализ / High-tech export determinants: cross-country analysis
Аннотация
The relevance of the study on analysis of factors determining the dynamics of high-tech exports in an inter-country context is determined by its broad impact on the overall state of the economy, technological development, and labor productivity. The presence of hi-tech export-oriented manufacturing in a country is a strong competitive advantage in international markets.
This thesis is designed to conduct cross-country analysis of high-tech exports and assess the impact of various determinants on export performance. The focus of the study is on high-tech exports in an inter-country context. The study focuses on the role of external factors in stimulating high-tech exports in the overall export structure of countries.
The study consists of two chapters. The first chapter discusses approaches to defining high-tech exports, ways of promoting high-tech exports, and a review of empirical studies on the impact of high-tech exports. The second chapter examines the statistical analysis of high-tech exports, the methodology used, econometric modelling and the contribution of high-tech exports to sustainable development.
The key conclusion of the theoretical analysis is to identify factors contributing to high-tech exports. In practice, an econometric model derived from the generalized method of moments shows that research and development expenditure, trade openness and the lagged value of high-tech exports foster high-tech exports, which is consistent with economic intuition and existing empirical research. In contrast, foreign direct investment flows and government dependence on oil rents reduce the share of high-tech exports. Thus, the current analysis identifies two groups of factors that have positive (trade openness, R&D expenditures, previous value of high-tech exports) and negative (foreign direct investment flows and oil rents) effects.
This study not only extends the existing literature on the topic of high-tech export development, but also has the practical value of being able to use the results in the conduct of foreign trade policy. For example, resource-dependent countries may seek to diversify their exports, which will have a multiplier effect: through export diversification, the share of hydrocarbons in total exports will decrease, while in-creasing opportunities for high-tech exports. Finally, the current study postulates the importance of fundamental science and R&D for high-tech exports.
This thesis is designed to conduct cross-country analysis of high-tech exports and assess the impact of various determinants on export performance. The focus of the study is on high-tech exports in an inter-country context. The study focuses on the role of external factors in stimulating high-tech exports in the overall export structure of countries.
The study consists of two chapters. The first chapter discusses approaches to defining high-tech exports, ways of promoting high-tech exports, and a review of empirical studies on the impact of high-tech exports. The second chapter examines the statistical analysis of high-tech exports, the methodology used, econometric modelling and the contribution of high-tech exports to sustainable development.
The key conclusion of the theoretical analysis is to identify factors contributing to high-tech exports. In practice, an econometric model derived from the generalized method of moments shows that research and development expenditure, trade openness and the lagged value of high-tech exports foster high-tech exports, which is consistent with economic intuition and existing empirical research. In contrast, foreign direct investment flows and government dependence on oil rents reduce the share of high-tech exports. Thus, the current analysis identifies two groups of factors that have positive (trade openness, R&D expenditures, previous value of high-tech exports) and negative (foreign direct investment flows and oil rents) effects.
This study not only extends the existing literature on the topic of high-tech export development, but also has the practical value of being able to use the results in the conduct of foreign trade policy. For example, resource-dependent countries may seek to diversify their exports, which will have a multiplier effect: through export diversification, the share of hydrocarbons in total exports will decrease, while in-creasing opportunities for high-tech exports. Finally, the current study postulates the importance of fundamental science and R&D for high-tech exports.