Factors that Affect on Hi-Tech Industries Export

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Abstract

Rapid growth of economic globalization in today's world, increasingly tighter the conditions for dynamic growth of industries in developing countries. Developing countries for the successful growth and export of industrial production have no choice but to use High Tech and save on production costs. Technology is considered as one of the major factors that affect economic and industrial development, especially High Tech that plays an important role on growth and progress of industries in those countries. Through classification of technologies in production and export (Resource Based industries, Low Tech, Medium Tech and High Tech) High Tech cause high value added and also the result of this kind of technology affect on other economic sectors and increase their productivity. This paper surveys behavior of 50 developed and developing countries about High Tech Exports using GLS technique on Panel Data for the period 1990-2005 with regard to price and non-price variables and identify factors affecting High Tech Export. The results show that the variables R&D, FDI, exchange rate, the degree of openness of economics and experiences resulting from trade in both groups of countries affect on High Tech Export positively and significantly and economic growth only in the group of developed countries affect on export of these productions.

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