Research Article
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Year 2023, Volume: 73 Issue: 1, 453 - 472, 26.06.2023
https://doi.org/10.26650/ISTJECON2022-1213878

Abstract

References

  • Abbas, S. (2012). Causality between exports and economic growth: Investigating suitable trade policy for Pakistan. Eurasian Journal of Business and Economics, 5(10): 91 - 98. google scholar
  • Abreo, C., Bustillo, R. & Rodriguez, C. (2021). The role of institutional quality in the international trade of a Latin American country: Evidence from Colombian export performance. Economic Structures 10(24): 1 - 21. https:// doi.org/10.1186/s40008-021-00253-5 google scholar
  • Aktar, İ., Demirci, N., & Öztürk, L. (2009). Can unemployment be cured by economic growth and foreign direct investment? The Journal of Social Economic Research, 9(17): 452 - 467. google scholar
  • Alexander, P., & Reza, A. (2022). Exports and the exchange rate: A general equilibrium perspective. Bank of Canada Staff Working Paper, 2022-18. google scholar
  • Balcılar, M., Bal, H., Algan, N., & Demiral, M. (2014). Turkey’s export performance: Examining the main determinants of export volume (1995-2012). Ege Academic Review, 14(3): 451 - 462. https://doi.org/10.36880/ c04.00774 google scholar
  • Baltagi, B., Feng, Q., & Kao, C. (2011). Testing for sphericity in a fixed effects panel data model. The Econometrics Journal, 14: 25 - 47. https://doi.org/10.2139/ssrn.1808185 google scholar
  • Baltagi, B. (2008). Econometric Analysis of Panel Data (4. ed). Hoboken, NJ: John Wiley & Sons. google scholar
  • Barcena, A., Prado, A., Rosales, O., & Perez, R. (2014). International Trade and Inclusive Development: Building Synergies, United Nations, Economic Commission for Latin America and the Caribbean. google scholar
  • Beleska - Spasova, E. (2014). Determinants and measures of export performance: Comprehensive literature review. Journal of Contemporary Economic and Business Issues, 1(1): 63 - 74. google scholar
  • Bhavan, T. (2016). The determinants of export performance: The case of Sri Lanka. International Research Journal of Social Sciences, 5(8): 8 - 13 google scholar
  • Breusch, T., & Pagan, A. (1980). The lagrange multiplier test and its applications to model specification in econometrics. Review of Economic Studies. 47: 239 - 253. https://doi. org/10.2307/2297111 google scholar
  • Che, N., & Zhang, X. (2022). High performance export portfolio: Design growth enhancing export structure with machine learning, IMF Working Paper. https://doi.org/10.5089/9798400207013.001 google scholar
  • Chen, J., Sousa M. P. C., & He, X. (2016). The determinants of export performance: a review of the literature 2006-2014. International Marketing Review, 33(5): 626 - 670. https://doi.org/10.1108/ imr-10-2015-0212 google scholar
  • Goodwin, T., & Pierola, D. M. (2015). Export competitiveness, World Bank, View Point, 97914. google scholar
  • Guei, K. (2022). On the role of innovation and market structure on trade performance: is Schumpeter right? European Journal of Management and Business Economics, Ahead-of-print https://doi. org/10.1108/EJMBE-07-2021-0213 google scholar
  • Güriş, S., & Çağlayan, E. (2010). Ekonometri: Temel kavramlar. İstanbul: Der Yayınları. google scholar
  • Hatemi-J, A., & Irandoust, M. (2000). Export performance and economic growth causality: An empirical analysis. Atlantic Economic Journal, 28: 412 - 426. https://doi.org/10.1007/bf02298394 google scholar
  • Helpman, E. (1999). The structure of foreign trade. Journal of Economic Perspectives, 13(2): 121 - 144 https://doi .org/10.3386/w6752 google scholar
  • Ho, S. F. C., & Karim, A. N. (2012). International Trade Competitiveness of Emerging ASEAN5+4 Countries, Asian Finance Association Conference, Jiangxi, China. https://doi.org/10.1109/ isbeia.2012.6422991 google scholar
  • Huchet-Bourdon, M., & Korinek, J. (2011). To what extent do exchange rates and their volatility affect trade? OECD Trade Policy Papers No. 119 https://doi.org/10.1787/5kg3slm7b8hg-en google scholar
  • Ilmas, N., Amelis, M., & Risandi, R. (2022). Analysis of the effect of inflation and exchange rate on exports in 5-year ASEAN countries (Years 2010-2020), Jurnal Ekonomi Trisakti, 2(1): 121 - 132. https://doi.org/10.25105/ jet.v2i1.13561 google scholar
  • Jacob, T., & Raphael, R. (2021). Impact of exchange rate and inflation on the export performance of the Indian economy: An empirical analysis, BIMTECH Business Perspective, 1 - 13. google scholar
  • Jyoti (2021). Impact of exchange rate fluctuations on India’s manufacturing exports: An empirical investigation on long-run relation. Journal of Asian Economic Integration, 3(1): 61 73. https://doi. org/10.1177/26316846 20982426 google scholar
  • Kalaitzi, S. A. & Chamberlain, W. T. (2020). Exports and economic growth: Some evidence from the GCC. International Advances in Economic Research, 26: 203 - 205. https://doi.org/10.1007/ s11294-020-09786-0 google scholar
  • Kang, W. J. (2016). International trade and exchange rate, ADB Economics Working Paper Series No. 498. google scholar
  • Karagöz, K. (2016). Determining factors of Turkey’s export performance: An empirical analysis. Procedia Economics and Finance, 38: 446 - 457. https://doi.org/10.1016/s2212-5671(16)30216-7 google scholar
  • Kaushik, K. K., & Klein, K. K. (2008). Export growth, export instability, investment and economic growth in India: A time series analysis. The Journal of Developing Areas, 41(2): 155 - 170. https:// doi.org/10.1353/jda. 2008.0018 google scholar
  • Kılavuz, E., & Topcu, A. B. (2012). Export and economic growth in the case of the manufacturing industry: Panel data analysis of developing countries. International Journal of Economics and Financial Issues, 2(2): 201 - 215. google scholar
  • Koenker, R. (2004). Quantile regression for longitudinal data. Journal of Multivariate Analysis. 91(1): 74 - 89. https://doi.org/10.1201/9781315120256-19 google scholar
  • Koenker, R., & Bassett, G. (1978). Regression quantiles. Econometrica. 46(1): 33 - 50. https://doi. org/10.2307/ 1913643 google scholar
  • Koenker, R., & Hallock, K. F. (2001). Quantile regression. Journal of Economic Perspectives. 15(4): 143 - 156. https://doi.org/10.1257/jep.15.4.143 google scholar
  • Lages, L. F., & Montgomery, D. B. (2004). Export performance as an antecedent of export commitment and marketing strategy adaptation: Evidence from small and medium sized exporters. European Journal of Marketing, 38 (9/10): 1186 - 1214. https://doi. org/10.1108/03090560410548933 google scholar
  • Levin, A., Lin, C. F. & Chu, C. S. J. (2002). Unit root test in panel data: Asymptotic and finite-sample properties. Journal of Econometrics, 108: 1 - 24. https://doi.org/10.1016/s0304-4076(01)00098-7 google scholar
  • Ling-yee, L. (2008). The effects of firm resources on trade show performance: How do trade show marketing processes matter? Journal of Business & Industrial Marketing, 23/1: 35 - 47. https://doi. org/10.1108/088586208108414 70 google scholar
  • Liu, X. & Shu, C. (2003). Determinants of export performance: Evidence from Chinese industries. Economics of Planning, 36: 45 - 67. https://doi.org/10.1023/b:ecop.0000005728.05260.5d google scholar
  • Mataveli, M., Ayala, C. J., & Gil, J. A. (2022). Towards an analysis of the determinants of exports in Brazil: The perspective of exporting companies. Baltic Journal of Management, 17(2): 141 - 157. https://doi.org/10.1108 /bjm-05-2021-0174 google scholar
  • Mitic, B., & Ivic, M. (2016). The impact of foreign direct investment on export performance: Case of European transition economies. Independent Journal of Management and Production, 7(3): 771 - 785. https://doi.org/10. 14807/ijmp.v7i3.440 google scholar
  • Morazan, P., Knoke, I., Knolauch, D. & Schafer, T. (2012). The role of BRICS in the developing world. European Parliament. google scholar
  • Parida, C. P., & Sahoo, P. (2007). Export-led growth in South Asia: A panel cointegration analysis. International Economic Journal, 21(2): 155 - 175. https://doi.org/10.1080/10168730701345414 google scholar
  • Pesaran, M. H. (2004). General diagnostic tests for cross section dependence in panels. University of Cambridge, Faculty of Economics, Cambridge WP 0435 in Economics. https://doi.org/10.2139/ ssrn.572504 google scholar
  • Pesaran, M. H. (2007). A simple panel unit root test in the presence of cross sectional dependence. Journal of Applied Econometrics, 22(2): 265 - 312. https://doi.org/10.2139/ssrn.457280 google scholar
  • Pesaran, M. H., Ullah, A., & Yamagata, T. (2008). A bias-adjusted lm test of error cross section independence. The Econometricsjoumal. 11(1): 105 - 127. https://doi.Org/10.1111/j.1368-423x.2007.00227.x google scholar
  • Şahin, E. B. (2019). Impact of high technology export on economic growth: An analysis on Turkey. journal of Business, Economics and Finance, 8(3): 165 - 172. https://doi.org/10.17261/ pressacademia.2019.1123 google scholar
  • Santos, S. A. M., Yared, G. A. J., Santana, C. A., Rebello, K. F., & Bezerra, S. A. (2019). Production evolution and export performance of Brazil nut in the Brazilian Amazon. Internationaljournal of Food and Agricultural Economics, 7(3): 215-228. google scholar
  • Saraç, B. T. (2013). İhracat ve ithalatın ekonomik büyüme üzerindeki etkisi: Türkiye örneği. Ege Akademik Bakış, 13(2): 181 - 194. https://doi.org/10.21121/eab.2013219486 google scholar
  • Singh, G. (2015). Causality between export and economic growth: A case study of India. Indian journal of Accounting, 17(1): 109-120. google scholar
  • Sujova, A., L’ubica, S., Vaclav, K., Schmidtova, J., & Lukacikova, A. (2021). Effects of foreign trade on the economic performance of industries-evidence from wood processing industry of Czechia and Slovakia. Economies, 9: 180. https://doi.org/10.3390/economies9040180 google scholar
  • Sultan, A. Z. (2013). A causal relationship between FDI inflows and export: The case of India. journal of Economics and Sustainable Development, 4(2): 1 - 6. google scholar
  • Tatoğlu, F. Y. (2017). Panel Zaman Serileri Analizi: Stata Uygulamalı. Istanbul: Beta. google scholar
  • Taylor, M. P., & Sarno, L. (1998). The behavior of real exchange rates during the post-Bretton Woods period. journal of International Economics, 46: 281 - 312. https://doi.org/10.1016/s0022-1996(97)00054-8 google scholar
  • Ting, Z., Guijun, L. & Bojun, L. (2010). Important export skills comparison in different export stage: An empirical study of Chinese firms, Journal of Chinese Economic and Foreign Trade Studies, 3(3): 204 - 220. https://doi. org/10.1108/17544401011084299 google scholar
  • TUIK (2014). İstatistik Göstergeler 1923-2013. Ankara. google scholar
  • UN (United Nations) (2021). World Economic Situation and Prospects 2021. https://doi. org/10.18356/97892100 54980 google scholar
  • UNCTAD (2015). Developing countries in international trade 2015, trade and development index. New York. google scholar
  • Vieira, V. F., & Silva, G. C. (2021). What drives export performance in the BRICS countries? An ARDL investigation. Economics Bulletin, 41(2): 686 - 695. google scholar
  • Yumuşak, G. İ. (2022). Türkiye’nin yeni ekonomi programı: Fırsatlar ve tehditler. Kriter, 6(4): 36-40. google scholar
  • Zang, W., & Baimbridge, M. (2012). Exports, imports and economic growth in South Korea and Japan: A tale of two economies. Applied Economics, 44(3): 361-372. https://doi.org/10.1080/000 36846.2010.508722 google scholar
  • Zhang, K. H. (2006). FDI and host countries’ exports: The case of China. International Economics, 59(1): 113 -127. google scholar
  • Zhu, W., Ahmad, F., Draz, U. M., Ozturk, İ., & Rehman, A., (2022). Revisiting the nexus between exchange rate, exports and economic growth: Further evidence from Asia. Economic Research, 35(1): 7128 - 7146. https://doi. org/10.1080/1331677X.2022.2059692 google scholar

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

Year 2023, Volume: 73 Issue: 1, 453 - 472, 26.06.2023
https://doi.org/10.26650/ISTJECON2022-1213878

Abstract

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.

References

  • Abbas, S. (2012). Causality between exports and economic growth: Investigating suitable trade policy for Pakistan. Eurasian Journal of Business and Economics, 5(10): 91 - 98. google scholar
  • Abreo, C., Bustillo, R. & Rodriguez, C. (2021). The role of institutional quality in the international trade of a Latin American country: Evidence from Colombian export performance. Economic Structures 10(24): 1 - 21. https:// doi.org/10.1186/s40008-021-00253-5 google scholar
  • Aktar, İ., Demirci, N., & Öztürk, L. (2009). Can unemployment be cured by economic growth and foreign direct investment? The Journal of Social Economic Research, 9(17): 452 - 467. google scholar
  • Alexander, P., & Reza, A. (2022). Exports and the exchange rate: A general equilibrium perspective. Bank of Canada Staff Working Paper, 2022-18. google scholar
  • Balcılar, M., Bal, H., Algan, N., & Demiral, M. (2014). Turkey’s export performance: Examining the main determinants of export volume (1995-2012). Ege Academic Review, 14(3): 451 - 462. https://doi.org/10.36880/ c04.00774 google scholar
  • Baltagi, B., Feng, Q., & Kao, C. (2011). Testing for sphericity in a fixed effects panel data model. The Econometrics Journal, 14: 25 - 47. https://doi.org/10.2139/ssrn.1808185 google scholar
  • Baltagi, B. (2008). Econometric Analysis of Panel Data (4. ed). Hoboken, NJ: John Wiley & Sons. google scholar
  • Barcena, A., Prado, A., Rosales, O., & Perez, R. (2014). International Trade and Inclusive Development: Building Synergies, United Nations, Economic Commission for Latin America and the Caribbean. google scholar
  • Beleska - Spasova, E. (2014). Determinants and measures of export performance: Comprehensive literature review. Journal of Contemporary Economic and Business Issues, 1(1): 63 - 74. google scholar
  • Bhavan, T. (2016). The determinants of export performance: The case of Sri Lanka. International Research Journal of Social Sciences, 5(8): 8 - 13 google scholar
  • Breusch, T., & Pagan, A. (1980). The lagrange multiplier test and its applications to model specification in econometrics. Review of Economic Studies. 47: 239 - 253. https://doi. org/10.2307/2297111 google scholar
  • Che, N., & Zhang, X. (2022). High performance export portfolio: Design growth enhancing export structure with machine learning, IMF Working Paper. https://doi.org/10.5089/9798400207013.001 google scholar
  • Chen, J., Sousa M. P. C., & He, X. (2016). The determinants of export performance: a review of the literature 2006-2014. International Marketing Review, 33(5): 626 - 670. https://doi.org/10.1108/ imr-10-2015-0212 google scholar
  • Goodwin, T., & Pierola, D. M. (2015). Export competitiveness, World Bank, View Point, 97914. google scholar
  • Guei, K. (2022). On the role of innovation and market structure on trade performance: is Schumpeter right? European Journal of Management and Business Economics, Ahead-of-print https://doi. org/10.1108/EJMBE-07-2021-0213 google scholar
  • Güriş, S., & Çağlayan, E. (2010). Ekonometri: Temel kavramlar. İstanbul: Der Yayınları. google scholar
  • Hatemi-J, A., & Irandoust, M. (2000). Export performance and economic growth causality: An empirical analysis. Atlantic Economic Journal, 28: 412 - 426. https://doi.org/10.1007/bf02298394 google scholar
  • Helpman, E. (1999). The structure of foreign trade. Journal of Economic Perspectives, 13(2): 121 - 144 https://doi .org/10.3386/w6752 google scholar
  • Ho, S. F. C., & Karim, A. N. (2012). International Trade Competitiveness of Emerging ASEAN5+4 Countries, Asian Finance Association Conference, Jiangxi, China. https://doi.org/10.1109/ isbeia.2012.6422991 google scholar
  • Huchet-Bourdon, M., & Korinek, J. (2011). To what extent do exchange rates and their volatility affect trade? OECD Trade Policy Papers No. 119 https://doi.org/10.1787/5kg3slm7b8hg-en google scholar
  • Ilmas, N., Amelis, M., & Risandi, R. (2022). Analysis of the effect of inflation and exchange rate on exports in 5-year ASEAN countries (Years 2010-2020), Jurnal Ekonomi Trisakti, 2(1): 121 - 132. https://doi.org/10.25105/ jet.v2i1.13561 google scholar
  • Jacob, T., & Raphael, R. (2021). Impact of exchange rate and inflation on the export performance of the Indian economy: An empirical analysis, BIMTECH Business Perspective, 1 - 13. google scholar
  • Jyoti (2021). Impact of exchange rate fluctuations on India’s manufacturing exports: An empirical investigation on long-run relation. Journal of Asian Economic Integration, 3(1): 61 73. https://doi. org/10.1177/26316846 20982426 google scholar
  • Kalaitzi, S. A. & Chamberlain, W. T. (2020). Exports and economic growth: Some evidence from the GCC. International Advances in Economic Research, 26: 203 - 205. https://doi.org/10.1007/ s11294-020-09786-0 google scholar
  • Kang, W. J. (2016). International trade and exchange rate, ADB Economics Working Paper Series No. 498. google scholar
  • Karagöz, K. (2016). Determining factors of Turkey’s export performance: An empirical analysis. Procedia Economics and Finance, 38: 446 - 457. https://doi.org/10.1016/s2212-5671(16)30216-7 google scholar
  • Kaushik, K. K., & Klein, K. K. (2008). Export growth, export instability, investment and economic growth in India: A time series analysis. The Journal of Developing Areas, 41(2): 155 - 170. https:// doi.org/10.1353/jda. 2008.0018 google scholar
  • Kılavuz, E., & Topcu, A. B. (2012). Export and economic growth in the case of the manufacturing industry: Panel data analysis of developing countries. International Journal of Economics and Financial Issues, 2(2): 201 - 215. google scholar
  • Koenker, R. (2004). Quantile regression for longitudinal data. Journal of Multivariate Analysis. 91(1): 74 - 89. https://doi.org/10.1201/9781315120256-19 google scholar
  • Koenker, R., & Bassett, G. (1978). Regression quantiles. Econometrica. 46(1): 33 - 50. https://doi. org/10.2307/ 1913643 google scholar
  • Koenker, R., & Hallock, K. F. (2001). Quantile regression. Journal of Economic Perspectives. 15(4): 143 - 156. https://doi.org/10.1257/jep.15.4.143 google scholar
  • Lages, L. F., & Montgomery, D. B. (2004). Export performance as an antecedent of export commitment and marketing strategy adaptation: Evidence from small and medium sized exporters. European Journal of Marketing, 38 (9/10): 1186 - 1214. https://doi. org/10.1108/03090560410548933 google scholar
  • Levin, A., Lin, C. F. & Chu, C. S. J. (2002). Unit root test in panel data: Asymptotic and finite-sample properties. Journal of Econometrics, 108: 1 - 24. https://doi.org/10.1016/s0304-4076(01)00098-7 google scholar
  • Ling-yee, L. (2008). The effects of firm resources on trade show performance: How do trade show marketing processes matter? Journal of Business & Industrial Marketing, 23/1: 35 - 47. https://doi. org/10.1108/088586208108414 70 google scholar
  • Liu, X. & Shu, C. (2003). Determinants of export performance: Evidence from Chinese industries. Economics of Planning, 36: 45 - 67. https://doi.org/10.1023/b:ecop.0000005728.05260.5d google scholar
  • Mataveli, M., Ayala, C. J., & Gil, J. A. (2022). Towards an analysis of the determinants of exports in Brazil: The perspective of exporting companies. Baltic Journal of Management, 17(2): 141 - 157. https://doi.org/10.1108 /bjm-05-2021-0174 google scholar
  • Mitic, B., & Ivic, M. (2016). The impact of foreign direct investment on export performance: Case of European transition economies. Independent Journal of Management and Production, 7(3): 771 - 785. https://doi.org/10. 14807/ijmp.v7i3.440 google scholar
  • Morazan, P., Knoke, I., Knolauch, D. & Schafer, T. (2012). The role of BRICS in the developing world. European Parliament. google scholar
  • Parida, C. P., & Sahoo, P. (2007). Export-led growth in South Asia: A panel cointegration analysis. International Economic Journal, 21(2): 155 - 175. https://doi.org/10.1080/10168730701345414 google scholar
  • Pesaran, M. H. (2004). General diagnostic tests for cross section dependence in panels. University of Cambridge, Faculty of Economics, Cambridge WP 0435 in Economics. https://doi.org/10.2139/ ssrn.572504 google scholar
  • Pesaran, M. H. (2007). A simple panel unit root test in the presence of cross sectional dependence. Journal of Applied Econometrics, 22(2): 265 - 312. https://doi.org/10.2139/ssrn.457280 google scholar
  • Pesaran, M. H., Ullah, A., & Yamagata, T. (2008). A bias-adjusted lm test of error cross section independence. The Econometricsjoumal. 11(1): 105 - 127. https://doi.Org/10.1111/j.1368-423x.2007.00227.x google scholar
  • Şahin, E. B. (2019). Impact of high technology export on economic growth: An analysis on Turkey. journal of Business, Economics and Finance, 8(3): 165 - 172. https://doi.org/10.17261/ pressacademia.2019.1123 google scholar
  • Santos, S. A. M., Yared, G. A. J., Santana, C. A., Rebello, K. F., & Bezerra, S. A. (2019). Production evolution and export performance of Brazil nut in the Brazilian Amazon. Internationaljournal of Food and Agricultural Economics, 7(3): 215-228. google scholar
  • Saraç, B. T. (2013). İhracat ve ithalatın ekonomik büyüme üzerindeki etkisi: Türkiye örneği. Ege Akademik Bakış, 13(2): 181 - 194. https://doi.org/10.21121/eab.2013219486 google scholar
  • Singh, G. (2015). Causality between export and economic growth: A case study of India. Indian journal of Accounting, 17(1): 109-120. google scholar
  • Sujova, A., L’ubica, S., Vaclav, K., Schmidtova, J., & Lukacikova, A. (2021). Effects of foreign trade on the economic performance of industries-evidence from wood processing industry of Czechia and Slovakia. Economies, 9: 180. https://doi.org/10.3390/economies9040180 google scholar
  • Sultan, A. Z. (2013). A causal relationship between FDI inflows and export: The case of India. journal of Economics and Sustainable Development, 4(2): 1 - 6. google scholar
  • Tatoğlu, F. Y. (2017). Panel Zaman Serileri Analizi: Stata Uygulamalı. Istanbul: Beta. google scholar
  • Taylor, M. P., & Sarno, L. (1998). The behavior of real exchange rates during the post-Bretton Woods period. journal of International Economics, 46: 281 - 312. https://doi.org/10.1016/s0022-1996(97)00054-8 google scholar
  • Ting, Z., Guijun, L. & Bojun, L. (2010). Important export skills comparison in different export stage: An empirical study of Chinese firms, Journal of Chinese Economic and Foreign Trade Studies, 3(3): 204 - 220. https://doi. org/10.1108/17544401011084299 google scholar
  • TUIK (2014). İstatistik Göstergeler 1923-2013. Ankara. google scholar
  • UN (United Nations) (2021). World Economic Situation and Prospects 2021. https://doi. org/10.18356/97892100 54980 google scholar
  • UNCTAD (2015). Developing countries in international trade 2015, trade and development index. New York. google scholar
  • Vieira, V. F., & Silva, G. C. (2021). What drives export performance in the BRICS countries? An ARDL investigation. Economics Bulletin, 41(2): 686 - 695. google scholar
  • Yumuşak, G. İ. (2022). Türkiye’nin yeni ekonomi programı: Fırsatlar ve tehditler. Kriter, 6(4): 36-40. google scholar
  • Zang, W., & Baimbridge, M. (2012). Exports, imports and economic growth in South Korea and Japan: A tale of two economies. Applied Economics, 44(3): 361-372. https://doi.org/10.1080/000 36846.2010.508722 google scholar
  • Zhang, K. H. (2006). FDI and host countries’ exports: The case of China. International Economics, 59(1): 113 -127. google scholar
  • Zhu, W., Ahmad, F., Draz, U. M., Ozturk, İ., & Rehman, A., (2022). Revisiting the nexus between exchange rate, exports and economic growth: Further evidence from Asia. Economic Research, 35(1): 7128 - 7146. https://doi. org/10.1080/1331677X.2022.2059692 google scholar
There are 59 citations in total.

Details

Primary Language English
Subjects Business Administration
Journal Section Research Article
Authors

Erdem Bulut 0000-0001-6383-2849

Zaim Reha Yaşar 0000-0001-7466-6137

Publication Date June 26, 2023
Submission Date December 2, 2022
Published in Issue Year 2023 Volume: 73 Issue: 1

Cite

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 ZR. Determinants of Export Performance in Emerging Market Economies: New Evidence from a Panel Quantile Regression Model. İstanbul İktisat Dergisi. June 2023;73(1):453-472. doi:10.26650/ISTJECON2022-1213878
Chicago 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 (June 2023): 453-72. https://doi.org/10.26650/ISTJECON2022-1213878.
EndNote Bulut E, Yaşar ZR (June 1, 2023) Determinants of Export Performance in Emerging Market Economies: New Evidence from a Panel Quantile Regression Model. İstanbul İktisat Dergisi 73 1 453–472.
IEEE E. Bulut and Z. R. Yaşar, “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, 2023, doi: 10.26650/ISTJECON2022-1213878.
ISNAD Bulut, Erdem - Yaşar, Zaim Reha. “Determinants of Export Performance in Emerging Market Economies: New Evidence from a Panel Quantile Regression Model”. İstanbul İktisat Dergisi 73/1 (June 2023), 453-472. https://doi.org/10.26650/ISTJECON2022-1213878.
JAMA Bulut E, Yaşar ZR. Determinants of Export Performance in Emerging Market Economies: New Evidence from a Panel Quantile Regression Model. İstanbul İktisat Dergisi. 2023;73:453–472.
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. 453-72, doi: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. 2023;73(1):453-72.