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Economic Complexity: Correlations between Gross Domestic Product and Fitness.

Authors :
Vinci, Gianni Valerio
Benzi, Roberto
Source :
Entropy; Oct2018, Vol. 20 Issue 10, p766, 1p
Publication Year :
2018

Abstract

In this paper we study the causal relation between country Economic Fitness F c and its Gross Domestic Product per capita ( G D P ). Using the Takens' theorem, as first suggested in (Sugihara, G. et al. 2012), we show that there exists a reasonable evidence of causal correlation between G D P and F c for relatively rich countries. This is not the case for relatively poor countries where F c and G D P do not show any significant causal relation. We also present some preliminary results to understand whether G D P or F c are driving factor for economic growth. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
10994300
Volume :
20
Issue :
10
Database :
Complementary Index
Journal :
Entropy
Publication Type :
Academic Journal
Accession number :
132629296
Full Text :
https://doi.org/10.3390/e20100766