|
|
EconStor >
Bard College, Annandale-on-Hudson (NY) >
Levy Economics Institute of Bard College >
Working Papers, Levy Economics Institute of Bard College >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/57018
|
| | |
| Title: | | Product complexity and economic development  |
| Authors: | | Abdon, Arnelyn Bacate, Marife Felipe, Jesus Kumar, Utsav |
| Issue Date: | | 2010 |
| Series/Report no.: | | Working paper, Levy Economics Institute 616 |
| Abstract: | | We rank 5,107 products and 124 countries according to the Hidalgo and Hausmann (2009) measures of complexity. We find that: (1) the most complex products are in machinery, chemicals, and metals, while the least complex products are raw materials and commodities, wood, textiles, and agricultural products; (2) the most complex economies in the world are Japan, Germany, and Sweden, and the least complex, Cambodia, Papua New Guinea, and Nigeria; (3) the major exporters of the more complex products are the high-income countries, while the major exporters of the less complex products are the low-income countries; and (4) export shares of the more complex products increase with income, while export shares of the less complex products decrease with income. Finally, we relate the measure of product complexity with the concept of Complex Products and Systems, and find a high degree of conformity between them. |
| Subjects: | | capabilities development economic complexity diversification method of reflections product complexity ubiquity |
| JEL: | | O10 O14 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Working Papers, Levy Economics Institute of Bard College
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/57018
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|