The variables in the study are Gross Domestic Products (GDP), investment, population, high and low-tech manufacturing industry exports and high and low-tech manufacturing industry imports. The data regarding GDP (GDP with Current Prices and the year 2000 Fixed Prices) and investment (the year 2000 Gross Fixed Capital Formation at Constant Prices) were gathered in US dollars from the 2010 webpage of World Development Indicators-WDI- of the World Bank. The population data, in which each number indicates a million people, were retrieved from the 2009 CD-ROM of International Financial Statistics-IFS, IMF. High and low-tech manufacturing industry export and import data were in US dollars and were retrieved from the 2009 CD-ROM of the Industrial Demand- Supply Balance Database-IDSB, and the United Nations Industrial Development Organization- UNIDO. Manufacturing industry data were grouped according to ISIC Rev.2, based on the OECD’s manufacturing industry classification according to levels of technology. Sectors in the study are presented in Table 3 according to their levels of technology in the manufacturing industry.