Affiliation:
1. Faculty of Economics and Administrative Sciences, Department of Economics, Kocaeli University, 41380, İzmit/Kocaeli, Turkey
Abstract
The purpose of this study is to investigate the effect of the number of patents on high and medium-high-tech export (HTEX) performance in developed and developing countries for the period of 1996–2012. In the empirical model, HTEX is explained by the number of patents (PAT), fixed capital (GFC), and FDI inflows. Estimation results show that PAT is one of the key determinants of HTEX in both groups of countries and PAT elasticity of HTEX in developing countries is higher than that of developed ones. However, while there is no short-run causality from PAT to HTEX, there is short-run causality from GFC and FDI to HTEX.
Publisher
World Scientific Pub Co Pte Lt
Subject
Economics and Econometrics,Finance,General Business, Management and Accounting
Cited by
7 articles.
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