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DOI :10.26650/ISTJECON2022-1213878   IUP :10.26650/ISTJECON2022-1213878    Tam Metin (PDF)

Determinants of Export Performance in Emerging Market Economies: New Evidence from a Panel Quantile Regression Model

Erdem BulutZaim Reha Yaşar

Export is a key driver of economic growth in emerging market economies, hence, studying the factors that influence export performance is a crucial and important phenomenon. With the use of a panel quantile regression model and annual data, we evaluate the fundamental variables affecting exports in the Brazil, Russia, India, China, and South Africa (BRICS countries), as well as Turkey, Egypt, Indonesia, and Colombia, between 1980 and 2020. Export is the model’s dependent variable, while the nominal exchange rate, foreign direct investments, inflation rate, and the economic growth rate based on Kaldor’s growth model are its independent variables. According to the findings, the nominal exchange rate has a positive impact on export at various export levels. Therefore, at both low and high levels of export, exchange rate has a greater impact on export. On the other hand, export at the lowest levels is positively impacted by economic growth and foreign direct investments. The impact of economic growth and foreign direct investments on export, however, are insignificant as export volume rises. Finally, even if there is a positive correlation between inflation and export when the export volume is high, there is no significant relationship when exports start to increase. The findings demonstrate that macroeconomic factors significantly affect export in emerging market economies.

JEL Classification : F14 , F44

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APA

Bulut, E., & Yaşar, Z.R. (2023). Determinants of Export Performance in Emerging Market Economies: New Evidence from a Panel Quantile Regression Model. İstanbul İktisat Dergisi, 73(1), 453-472. https://doi.org/10.26650/ISTJECON2022-1213878


AMA

Bulut E, Yaşar Z R. Determinants of Export Performance in Emerging Market Economies: New Evidence from a Panel Quantile Regression Model. İstanbul İktisat Dergisi. 2023;73(1):453-472. https://doi.org/10.26650/ISTJECON2022-1213878


ABNT

Bulut, E.; Yaşar, Z.R. Determinants of Export Performance in Emerging Market Economies: New Evidence from a Panel Quantile Regression Model. İstanbul İktisat Dergisi, [Publisher Location], v. 73, n. 1, p. 453-472, 2023.


Chicago: Author-Date Style

Bulut, Erdem, and Zaim Reha Yaşar. 2023. “Determinants of Export Performance in Emerging Market Economies: New Evidence from a Panel Quantile Regression Model.” İstanbul İktisat Dergisi 73, no. 1: 453-472. https://doi.org/10.26650/ISTJECON2022-1213878


Chicago: Humanities Style

Bulut, Erdem, and Zaim Reha Yaşar. Determinants of Export Performance in Emerging Market Economies: New Evidence from a Panel Quantile Regression Model.” İstanbul İktisat Dergisi 73, no. 1 (Sep. 2023): 453-472. https://doi.org/10.26650/ISTJECON2022-1213878


Harvard: Australian Style

Bulut, E & Yaşar, ZR 2023, 'Determinants of Export Performance in Emerging Market Economies: New Evidence from a Panel Quantile Regression Model', İstanbul İktisat Dergisi, vol. 73, no. 1, pp. 453-472, viewed 21 Sep. 2023, https://doi.org/10.26650/ISTJECON2022-1213878


Harvard: Author-Date Style

Bulut, E. and Yaşar, Z.R. (2023) ‘Determinants of Export Performance in Emerging Market Economies: New Evidence from a Panel Quantile Regression Model’, İstanbul İktisat Dergisi, 73(1), pp. 453-472. https://doi.org/10.26650/ISTJECON2022-1213878 (21 Sep. 2023).


MLA

Bulut, Erdem, and Zaim Reha Yaşar. Determinants of Export Performance in Emerging Market Economies: New Evidence from a Panel Quantile Regression Model.” İstanbul İktisat Dergisi, vol. 73, no. 1, 2023, pp. 453-472. [Database Container], https://doi.org/10.26650/ISTJECON2022-1213878


Vancouver

Bulut E, Yaşar ZR. Determinants of Export Performance in Emerging Market Economies: New Evidence from a Panel Quantile Regression Model. İstanbul İktisat Dergisi [Internet]. 21 Sep. 2023 [cited 21 Sep. 2023];73(1):453-472. Available from: https://doi.org/10.26650/ISTJECON2022-1213878 doi: 10.26650/ISTJECON2022-1213878


ISNAD

Bulut, Erdem - Yaşar, ZaimReha. Determinants of Export Performance in Emerging Market Economies: New Evidence from a Panel Quantile Regression Model”. İstanbul İktisat Dergisi 73/1 (Sep. 2023): 453-472. https://doi.org/10.26650/ISTJECON2022-1213878



ZAMAN ÇİZELGESİ


Gönderim02.12.2022
Kabul03.02.2023
Çevrimiçi Yayınlanma08.06.2023

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