High-tech exports and incomes in the Baltic Sea region in the long-run: can high-tech boost general welfare in the economy?

Direct Link:
Collection:
Mokslo publikacijos / Scientific publications
Document Type:
Straipsnis / Article
Language:
Anglų kalba / English
Title:
High-tech exports and incomes in the Baltic Sea region in the long-run: can high-tech boost general welfare in the economy?
Authors:
Auzina-Emsina, Astra
In the Journal:
Business and management. 2023, 13, p. 32-38. 13th international scientific conference, May 11-12, 2023, Vilnius, Lithuania
Keywords:
LT
Eksportas. Importas / Export. Import; Ekonomikos plėtra / Economic development; Latvija (Latvia); Danija (Denmark); Lenkija (Poland); Švedija (Sweden); Suomija (Finland); Lietuva (Lithuania); Estija (Estonia).
Summary / Abstract:

ENGovernments heavily focus on advancing capital-intense high-tech production and exports for economic growth. The findings on seven European Union (EU) countries associated as the Baltic Sea region countries argue that despite more than 15 years in the EU, Latvia, Lithuania, Poland maintain dissimilar pattern compared to Sweden, Finland, but Estonia and Denmark are outliers in 2007–2021. Strong correlation between high-tech exports in total exports and income level per capita is detected only in Poland, Latvia, and Lithuania; weak and even negative in Sweden and Finland. Growing high-tech exports are resulted in greenhouse emissions reductions. Policy makers are recommended to modify the plans on digital transformation, productivity and the European Green Deal for sustainable and long-term effect. Keywords: high-tech exports, growth, transport, labour productivity, economic modelling, input-output. [From the publication]

DOI:
10.3846/bm.2023.1000
ISBN:
9786094763335
ISSN:
2029-4441; 2029-929X
Subject:
Ekonomika / Economics
Related Publications:
Competitiveness of the Baltic states in international high-technology goods trade.. Comparative Economic Research. Central and Eastern Europe. 2018, 21, 1, p. 25-43.
Permalink:
https://www.lituanistika.lt/content/107568
Updated:
2024-04-29 23:16:14
Metrics:
Views: 5    Downloads: 1
Export:
Download