Importance The article addresses the technological effectiveness of Uzbekistan’s exports and imports. Objectives Based on international standards of technological classification, the study aims to define the technological effectiveness of Uzbekistan’s foreign trade in order to design policy measures and recommendations on application of industrial policy instruments to improve its technological content and increase the international competitiveness of locally produced goods. Methods This study employs a systems analysis approach in reviewing the relevant literature and attempts to apply internationally renowned methods for determining the structure of technological effectiveness of foreign trade in Uzbekistan. Results The undertaken analysis reveals the technological effectiveness of Uzbekistan’s external trade and changes in comparative advantages of exports based on technological intensity. The paper presents a detailed analysis of the composition of exports and imports by respective groups of technological effectiveness, proposes policy measures and recommendations to facilitate non-primary exports with a high degree of technological intensity. Conclusions and Relevance The strategy of industrial transformation of Uzbekistan and strengthening its trade positions in external markets should be supported by consistent diversification of the commodity structure of exports with a focus on enhancement of technological effectiveness of exported goods.
Arezki R., Hadri K., Loungani P., Rao Y. Testing the Prebisch–Singer Hypothesis since 1650: Evidence from Panel Techniques That Allow for Multiple Breaks. Journal of International Money and Finance, 2014, vol. 42, pp. 208–223. doi: 10.1016/j.jimonfin.2013.08.012
Lederman D., Maloney W.F. Does What You Export Matter? In Search of Empirical Guidance for Industrial Policies. Latin America Development Forum. Washington, DC, The World Bank, 2012.
Lall S. The Technological Structure and Performance of Developing Country Manufactured Exports, 1985–98. Oxford Development Studies, 2000, vol. 28, iss. 3, pp. 337–369. doi: 10.1080/713688318
Gökmen Y., Turen U. The Determinants of High Technology Exports Volume: A Panel Data Analysis of EU-15 Countries. International Journal of Management, Economics and Social Sciences, 2013, vol. 2, iss. 3, pp. 217–232.
Hausmann R., Klinger B. Structural Transformation and Patterns of Comparative Advantage in the Product Space. CID Working Paper, 2006, no. 128.
Hausmann R., Rodrik D. Economic Development as Self-Discovery. Journal of Development Economics, 2003, vol. 72, iss. 2, pp. 603–633. doi: 10.1016/S0304-3878(03)00124-X
Hausmann R., Hwang J., Rodrik D. What You Export Matters. Journal of Economic Growth, 2007, vol. 12, iss. 1, pp. 1–25. doi: 10.1007/s10887-006-9009-4
Radelet S., Sachs J., Lee J-W. Economic Growth in Asia. Harvard Institute for International Development Harvard University Development Discussion Papers, 1997, no. 609. URL: Link
Hwang J. Introduction of New Goods, Convergence and Growth. Department of Economics, Harvard University, 2007.
Pavitt K. Sectoral Patterns of Technical Change: Towards a Taxonomy and a Theory. Research Policy, 1984, vol. 13, iss. 6, pp. 343–373. doi: 10.1016/0048-7333(84)90018-0
Hatzichronoglou T. Globalisation and Competitiveness: Relevant Indicators. OECD Science, Technology and Industry Working Papers, 1996, no. 05.
Nayyar D. Catch Up: Developing Countries in the World Economy. Oxford, Oxford University Press, 2013. doi: 10.1093/acprof:oso/9780199652983.001.0001
Balassa B. Trade Liberalisation and “Revealed” Comparative Advantage. The Manchester School, 1965, vol. 33, iss. 2, pp. 99–123.
Azam S. Vysokotekhnologichnyi Kitai: fakty i razmyshleniya [High-Tech China: Facts and Contemplations]. Tashkent, O'zbekiston milliy ensiklopediyasi Publ., 2008, 56 p.
Azam S. A Cross-country Empirical Test of Cognitive Abilities and Innovation Nexus. International Journal of Educational Development, 2017, vol. 53, iss. 1, pp. 128–136. doi: 10.1016/j.ijedudev.2017.01.003
Anand R., Mishra M.S., Spatafora M.N. Structural Transformation and the Sophistication of Production. IMF Working Papers, 2012, no. 12/59.
Tebaldi E. The Determinants of High-technology Exports: A Panel Data Analysis. Atlantic Economic Journal, 2011, vol. 39, iss. 4, pp. 343–353. doi: 10.1007/s11293-011-9288-9
Bin X., Jiangyong L. Foreign Direct Investment, Processing Trade, and the Sophistication of China's Exports. China Economic Review, 2009, vol. 20, iss. 3, pp. 425–439.