The Relationship Between High-Technology Exports, Patent and Economic Growth in Turkey (1990-2015)

Abstract

Today technology ise one of the main driving force of economic growth. Indicators as high-technology exports and patent shows the progress of technological development of economies. In this study the relationship between high-technology exports, patent and economic growth in Turkey is evaluated for 1990-2015 period. Augmented Dickey-Fuller (ADF) test, Granger Causality test, Johansen Cointegration test and Vector Error Correction (VEC) Granger test is conducted respectively. Study resuts show a causality relationship from both high-technology exports and patent to economic growth. A long term relationship is identified by Johansen Cointegration test. And in long term one way causality relationship is also found from both high-technology exports and patent to economic growth.