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The structuralist revenge: economic complexity as an important dimension to evaluate growth and development.

Authors :
GALA, PAULO
ROCHA, IGOR
MAGACHO, GUILHERME
Source :
Brazilian Journal of Political Economy / Revista de Economia Política. abr-jun2018, Vol. 38 Issue 2, p219-236. 18p.
Publication Year :
2018

Abstract

This paper brings elements from the economic complexity literature to the discussions of the structuralist tradition on the central role of manufacturing and productive sophistication to economic growth. Using data provided by the Atlas of Economic Complexity this study sought to verify if countries' complexity is important to explain convergence and divergence among poor and rich countries and, if so, which are the countries that will be able to reduce the income gap compared to developed countries. The econometric analysis revealed that exports and production complexity is significant to explain convergence and divergence among countries. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
01013157
Volume :
38
Issue :
2
Database :
Academic Search Index
Journal :
Brazilian Journal of Political Economy / Revista de Economia PolĂ­tica
Publication Type :
Academic Journal
Accession number :
130845329
Full Text :
https://doi.org/10.1590/0101-31572018v38n02a01