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The Role of High-Tech Exports and of Foreign Direct Investments (FDI) on Economic Growth

Year: 2017

Type: article

Abstract: Earlier studies of economic growth models are generally characterized by macroeconomics variable using the behavior of capital, population, and exports. In fact, every country has its respective export composition according to human capabilities and technologies. This study involves FDI, high-tech and non high-tech exports, and GDP using 50 countries in the period 1992-2014. The results using random effect model shows that non-high-tech exports affect positively on GDP growth on the entire sample. Given this point, high-tech export industries in both groups (the non-high-tech and the high-tech intensive exports countries) have better productivity compared to domestic industry.

Source: EUROPEAN RESEARCH STUDIES JOURNAL

DOI: 10.35808/ersj/828

Authors: Mahjus Ekananda, Dion

Language: English

Topic: Global trade and economics

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Decent work and economic growth, Industry, innovation and infrastructure

Open Access status: diamond

OpenAlex ID: W2802462959

FWCI: 3.855

Cites: 34

Cited by: 41

Related to: 10