Research Article


DOI :10.26650/ISTJECON2023-1296901   IUP :10.26650/ISTJECON2023-1296901    Full Text (PDF)

Panel Data Analysis of Export Structure and Growth: Case of BRICS-T Countries

Necip DündarYüksel Bayraktar

Realisation of specialisation in areas dominated by technological production structure and the technological level of exported goods are essential determinants of macroeconomic performance. Therefore, the export structure and technological level of exported goods are highly significant. In this study, the relationship between real GDP and exports of goods produced in BRICS-T countries with low, medium, and high levels of skill and technology is investigated. In the panel data analysis using data for the period 1995–2020, the cointegration relationship between the variables was examined, and it was concluded that there is no long-run relationship between real GDP and goods produced in labour-resource intensive, low, medium, and high skill and technology levels of countries. In addition, a causality test using Dumitrescu and Hurlin’s (2012) linear heterogeneous model was carried out. The test results showed a unidirectional causality relationship between real GDP and goods with low and high skill and technology but a bidirectional causality relationship between real GDP and labour-resource-intensive goods.

JEL Classification : E60 , F10 , O50

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APA

Dündar, N., & Bayraktar, Y. (2024). Panel Data Analysis of Export Structure and Growth: Case of BRICS-T Countries. Istanbul Journal of Economics, 74(1), 99-120. https://doi.org/10.26650/ISTJECON2023-1296901


AMA

Dündar N, Bayraktar Y. Panel Data Analysis of Export Structure and Growth: Case of BRICS-T Countries. Istanbul Journal of Economics. 2024;74(1):99-120. https://doi.org/10.26650/ISTJECON2023-1296901


ABNT

Dündar, N.; Bayraktar, Y. Panel Data Analysis of Export Structure and Growth: Case of BRICS-T Countries. Istanbul Journal of Economics, [Publisher Location], v. 74, n. 1, p. 99-120, 2024.


Chicago: Author-Date Style

Dündar, Necip, and Yüksel Bayraktar. 2024. “Panel Data Analysis of Export Structure and Growth: Case of BRICS-T Countries.” Istanbul Journal of Economics 74, no. 1: 99-120. https://doi.org/10.26650/ISTJECON2023-1296901


Chicago: Humanities Style

Dündar, Necip, and Yüksel Bayraktar. Panel Data Analysis of Export Structure and Growth: Case of BRICS-T Countries.” Istanbul Journal of Economics 74, no. 1 (Dec. 2024): 99-120. https://doi.org/10.26650/ISTJECON2023-1296901


Harvard: Australian Style

Dündar, N & Bayraktar, Y 2024, 'Panel Data Analysis of Export Structure and Growth: Case of BRICS-T Countries', Istanbul Journal of Economics, vol. 74, no. 1, pp. 99-120, viewed 10 Dec. 2024, https://doi.org/10.26650/ISTJECON2023-1296901


Harvard: Author-Date Style

Dündar, N. and Bayraktar, Y. (2024) ‘Panel Data Analysis of Export Structure and Growth: Case of BRICS-T Countries’, Istanbul Journal of Economics, 74(1), pp. 99-120. https://doi.org/10.26650/ISTJECON2023-1296901 (10 Dec. 2024).


MLA

Dündar, Necip, and Yüksel Bayraktar. Panel Data Analysis of Export Structure and Growth: Case of BRICS-T Countries.” Istanbul Journal of Economics, vol. 74, no. 1, 2024, pp. 99-120. [Database Container], https://doi.org/10.26650/ISTJECON2023-1296901


Vancouver

Dündar N, Bayraktar Y. Panel Data Analysis of Export Structure and Growth: Case of BRICS-T Countries. Istanbul Journal of Economics [Internet]. 10 Dec. 2024 [cited 10 Dec. 2024];74(1):99-120. Available from: https://doi.org/10.26650/ISTJECON2023-1296901 doi: 10.26650/ISTJECON2023-1296901


ISNAD

Dündar, Necip - Bayraktar, Yüksel. Panel Data Analysis of Export Structure and Growth: Case of BRICS-T Countries”. Istanbul Journal of Economics 74/1 (Dec. 2024): 99-120. https://doi.org/10.26650/ISTJECON2023-1296901



TIMELINE


Submitted14.05.2023
Accepted20.05.2024
Published Online19.07.2024

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