SUSTAINABILITY OF HIGH TECHNOLOGY EXPORT: EVIDENCE FROM EUROPEAN COUNTRIES

Year 2016, Volume: 2 Issue: 2, 317 - 324, 19.10.2016

Tuğba Koç , Mustafa Koç , Fatih Burak Gümüş

Abstract

Today, utilizing from technology is not sufficient for economic development and prosperity of a country. Producing and also marketing the new technology are also crucial. For this reason, volume of high technology export which is required intensive research and development expenditures and activities is accepted as economic development indicator in recent years. It can be said that the country which has sustainable high technology volume has also consistent economic development. Aim of this study is to examine 17 European countries’ sustainability of high technology export. In order to contribute to the literature, SurADF panel unit root test is used. Results show that only Denmark, Lithuanian and Slovenia have the sustainable high technology export. For further research different econometric analysis and countries can be used.

Keywords: High technology export, panel unit root, sustainability

 

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