Shifts in High-Tech Trade Between Leader-Countries and Developing Countries

  • Igor MATYUSHENKO Department of International Economic Relations V.N. Karazin Kharkiv National University, Kharkiv, Ukraine
  • Sergiy BERENDA Karazin Business School V.N. Karazin Kharkiv National University, Kharkiv, Ukraine
  • Larisa Grigorova-BERENDA Department of International Economic Relations V.N. Karazin Kharkiv National University, Kharkiv, Ukraine
  • Alina SHOLOM Department of International Economic Relations V.N. Karazin Kharkiv National University, Kharkiv, Ukraine
  • Ivan MARCHENKO Department of International Economic Relations V.N. Karazin Kharkiv National University, Kharkiv, Ukraine

Abstract

The purpose of the article is to study the state of trade in high-tech products of technological leaders with developing countries, and to create recommendations for developing countries to improve the development of trade in high-tech products with countries-leaders.


Nowadays high-tech production and high-tech trade enter into the picture, when it comes to satisfying our needs. It generates an increase in global production of goods and services in developed countries, such as the USA and Canada, as well as in developing countries, such as Ukraine, Mexico, Brazil, and others. It is determined that high-tech exports show whether countries have an advantage in high-tech trade in comparison with other countries, which is a qualitative characteristic of high-tech exports. A functional block diagram of the research of high-tech trade in Ukraine, USA, Canada, Mexico and Brazil was created and presented, with the help of which further calculations were carried out. A regression and correlation analysis were carried out on the basis of high-tech exports of Ukraine, USA, Canada, Mexico and Brazil. Ukraine has a negative coefficient of comparative advantage in high-tech trade (-1.10), along with Canada (-0.19) and Brazil (-0.08), while the USA’s and Mexico’s coefficients are positive, 0.57 and 0.07 representatively. The article also highlights the prospects of development of high-tech trade in the countries considered.

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Published
2019-12-30
How to Cite
MATYUSHENKO, Igor et al. Shifts in High-Tech Trade Between Leader-Countries and Developing Countries. Journal of Advanced Research in Law and Economics, [S.l.], v. 10, n. 8, p. 2429 – 2444, dec. 2019. ISSN 2068-696X. Available at: <https://journals.aserspublishing.eu/jarle/article/view/5289>. Date accessed: 27 may 2024. doi: https://doi.org/10.14505/jarle.v10.8(46).21.