TY  - JOUR
TI  - ARE TRADES RELATED TO TECHNOLOGY? EVIDENCES FROM THE BALTIC STATES:
ESTONIA, LATVIA AND LITHUANIA
JF  - Journal of Asian Finance, Economics and Business
A1  - Muchdie, Muchdie
A1  - Bagus Shandy NARMADITYA, NARMADITYA
SN  - 2288-4637
Y1  - 2019///
ID  - repository719
VL  - 6
PB  - Korea Distribution Science Association (Kodisa)
UR  - http://www.jafeb.org/journal/article.php?code=66619
EP  - 93
SP  - 83
IS  - 2
AV  - public
N2  - 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.
ER  -