Abstract:
In the literature, there is no study showing the effect of Research & Development (R&D) intensity on high-tech export statistically for EU 27 countries4 and Turkey. Thus we have chosen the subject matter to fulfill this inadequacy in the literature. In this context, the main objective of the study is to test the “R&D led High-Tech Export” hypothesis for the case of EU 27 countries and Turkey. To achieve this objective, the statistics that were published by Eurostat about R&D intensity and the ratio of high-tech export to the total export were used. In this end, after reviewing the R&D intensity and high-tech export concepts, the fixed effect model is formed with least squares regression method using a panel data for the period 1999-2007 and EU 27 countries and Turkey. As a result of this panel data analysis, it is found that R&D intensity has a meaningful effect on high-tech export of EU 27 countries and Turkey.
