%0 Journal Article
%@ 2288-4637
%A Muchdie, Muchdie
%A Bagus Shandy NARMADITYA, NARMADITYA
%A University Muhammadiyah  Prof. DR. HAMKA, Faculty of Economy and Bisiness,
%D 2019
%F repository:719
%I Korea Distribution Science Association (Kodisa)
%J Journal of Asian Finance, Economics and Business
%N 2
%P 83-93
%T ARE TRADES RELATED TO TECHNOLOGY? EVIDENCES FROM THE BALTIC STATES:  ESTONIA, LATVIA AND LITHUANIA
%U http://repository.uhamka.ac.id/id/eprint/719/
%V 6
%X This paper provides empirical evidences from the Baltic States on the relationship between technology and trades. In this study, regression  and correlation analysis were employed an attempt to reveal the relationship between technology index and net-export coefficient, as well as  the relationship between technology index and import coefficient. In this research, technology level was measured by technology index, while  trades included of domestic and foreign trades; export and import. The data used for this study were collected from world input-output  databases of Estonia, Latvia and Lithuania for the period 2000, 2005, 2010, and 2014. The findings remarked that the relationship between  technology and domestic trade was positive and statistically significant. The result of the study implies that the higher was the technology  index leads to the higher domestic transaction. Furthermore, relationship between technology and net-export was unpredictable. In year  2000, data from Estonia and Latvia showed that the relationship between variables was negative and in other years of the study, the  relationship was positive. However, the relationship between variables was not statistically significant. Lastly, the relationship between  technology and import was negative and statistically significant. It implies that the higher was technology index, will have a consequence the  smaller was import.