High-techproductsexport competitiveness, bric countries in U.S market: a comparative analysis

Sun Ying (), Li Miao and Chen Yibo
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Sun Ying: University of Science and Technology, China
Li Miao: Peking University, China
Chen Yibo: University of Science and Technology, China

Journal of Developing Areas, 2014, vol. 48, issue 3, 195-218

Abstract: This paper compares the competitive advantages of high technology products export from BRIC countries to the United States using quantitative (ESI and RCA index) and qualitative analyzingof export value and distribution performance. We estimate a Varying Coefficient Model on panel data for BRIC countries from 2000 to 2010, using the Seemingly Unrelated Regression (SUR) estimator to correct cross-sectional heteroscedasticity and serial autocorrelation. We found that BRIC countries high tech products have comparative advantages. Research and Development investment and patents are significantly positively related to the high tech export of the United State market while FDI still does not directly promote the competitiveness. The BRIC countries should learn from each otherÕs successful ways concerning FDI management, patent application and research regulation to achieve better and more comprehensive improvement of high tech export competitiveness.

Keywords: BRIC Countries; High-tech Products; Export Competitiveness; Panel Data Model (search for similar items in EconPapers)
JEL-codes: F10 F14 F19 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (3)

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