Dynamic and determinants of high technology exports in Latin America and the Caribbean: a network and a panel data analysis

Dynamic and determinants of high technology exports in Latin America and the Caribbean: a network and a panel data analysis

Moraes, Jaqueline; Luna, Ivette

Artigo:

This paper seeksto analyze the dynamic and determinants of high technology exports (HTE) toLatin America and the Caribbean, which is carried out on the basis of previousworks from the academic literature. To do so, it is used both explanatory SocialNetwork Analysis and the Panel Data modeling, both for the years 2005 to 2015,with data available from the data center of the United Nation Conference onTrade and Development and World Bank Development Indicators, respectively. Theresults show that when it comes to HTE, Latin America and Caribbean has aminority role inside the network that emerge from exports ties among countriesand that inflows of foreign direct investment into the 20countries of Latin America plus the Caribbean are not significant forexplaining the growth of high technology exports. The results also show that past foreign direct investment does not seem to affectchanges in high technology exports.

This paper seeksto analyze the dynamic and determinants of high technology exports (HTE) toLatin America and the Caribbean, which is carried out on the basis of previousworks from the academic literature. To do so, it is used both explanatory SocialNetwork Analysis and the Panel Data modeling, both for the years 2005 to 2015,with data available from the data center of the United Nation Conference onTrade and Development and World Bank Development Indicators, respectively. Theresults show that when it comes to HTE, Latin America and Caribbean has aminority role inside the network that emerge from exports ties among countriesand that inflows of foreign direct investment into the 20countries of Latin America plus the Caribbean are not significant forexplaining the growth of high technology exports. The results also show that past foreign direct investment does not seem to affectchanges in high technology exports.

Palavras-chave:

DOI: 10.5151/enei2018-26

Referências bibliográficas

• [1] BALASSA, B. Exports and economic growth: further evidence. Journal of development Economics, v. 5, n. 2, p. 181-189, 1978. BALTAGI, B. Econometric Analysis of Panel Data. 2005. BRAUNERHJELM, P.; THULIN, P. Can countries create comparative advantages? R&D expenditures, high-tech exports and country size in 19 OECD countries, 1981–1999. International Economic Journal, v. 22, n. 1, p. 95-111, 2008. DE BENEDICTIS, L.; TAJOLI, L. The World Trade Network. The World Economy, 34: 1417-1454. doi:10.1111/j.1467-9701.2011.01360.x, 2011. ERBER, F. S. Perspectivas da América Latina em ciência e tecnologia. Parcerias estratégicas, v. 5, n. 8, p. 181-200, 2009. ESFAHANI, H. S. Exports, imports, and economic growth in semi-industrialized countries. Journal of Development Economics, v. 35, n. 1, p. 93-116, 1991. FALK, M. High-tech exports and economic growth in industrialized countries. Applied Economics Letters, v. 16, n. 10, p. 1025-1028, 2009. FUNG, K. C.; CHEN, L.; GARCIA-HERRERO, A. Determinants of trade in parts and components: Latin America and East Asia. Journal of Chinese Economic and Foreign Trade Studies, v. 9, n. 3, p. 245-252, 2016. GÖKMEN, Y.; TUREN, U. The determinants of high technology exports volume: A panel data analysis of EU-15 countries. International Journal of Management, Economics and Social Sciences, v.2, n.3, p. 217-232, 2013. HSIAO, C. Analysis of panel data. Cambridge University Press, 2007. IAPADRE, P. L.; TAJOLI, L. Emerging countries and trade regionalization. A network analysis. Journal of Policy Modeling, v. 36, p. S89-S110, 2014. JACKSON, M. O. Social and Economic Networks. Princeton University Press, 2010. JUNG, W. S.; MARSHALL, P. J. Exports, growth and causality in developing countries. Journal of development economics, v. 18, n. 1, p. 1-12, 1985. SARA, T. S. et al. Role of innovation in hi-tech-exports of a nation. International Journal of Business and Management, v. 7, n. 7, p. 85, 2012. SCOTT, J. Social Network Analysis. Sociology, v. 22, n. 1, 1988. SERRAT, O. Social Network Analysis. In: Knowledge Solutions. Springer, Singapore, p. 39-43, 2017. SEYOUM, B. The role of factor conditions in high-technology exports: An empirical examination. The journal of high technology management research, v. 15, n. 1, p. 145-162, 2004. _____________. Determinants of levels of high technology exports an empirical investigation. Journal of Competitiveness Studies, v. 13, n. 1, p. 64, 2005. TEBALDI, E. The determinants of high-technology exports: A panel data analysis. Atlantic Economic Journal, v. 39, n. 4, p. 343-353, 2011. TIGRE, P. B. Como a América Latina se enquadra na alta tecnologia? Ensaios FEE, v. 10, n. 2, p. 212-224, 1989.

Como citar:

Moraes, Jaqueline; Luna, Ivette; "Dynamic and determinants of high technology exports in Latin America and the Caribbean: a network and a panel data analysis", p-457-170. In: . São Paulo: Blucher, 2018.
ISSN 23577592, DOI 10.5151/enei2018-26