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To achieve inclusive green growth, countries need to consider a multiplicity of economic, social, and environmental factors. These are often captured by metrics of economic complexity derived from the geography of trade, thus missing key…

General Economics · Economics 2024-07-25 Viktor Stojkoski , Philipp Koch , César A. Hidalgo

Cyberspace is being more and more tightly linked to the physical space and socioeconomic space to emerge a cyber-physical-socioeconomic space, where humans, machines and physical objects in the natural environment interact with each other,…

Computers and Society · Computer Science 2018-05-02 Hai Zhuge

Economic complexity has been linked to sustainability outcomes, such as income inequality and greenhouse gas emissions. Yet, it is unclear whether the pursuit of complex and/or related activities naturally aligns with these outcomes, or…

General Economics · Economics 2025-09-24 Quinten De Wettinck , Karolien De Bruyne , Wouter Bam , César A. Hidalgo

Classic economic science is reaching the limits of its explanatory powers. Complexity science uses an increasingly larger set of different methods to analyze physical, biological, cultural, social, and economic factors, providing a broader…

General Finance · Quantitative Finance 2017-07-11 Klaus Jaffe

We aim to contribute to the literature on product space and diversification by proposing a number of extensions of the current literature: (1) we propose that the alternative but related idea of a country space also has empirical and…

General Economics · Economics 2022-03-31 Önder Nomaler , Bart Verspagen

Predicting the future evolution of complex systems is one of the main challenges in complexity science. Based on a current snapshot of a network, link prediction algorithms aim to predict its future evolution. We apply here link prediction…

Physics and Society · Physics 2015-11-18 Alexandre Vidmer , An Zeng , Matúš Medo , Yi-Cheng Zhang

The relatedness between a country or a firm and a product is a measure of the feasibility of that economic activity. As such, it is a driver for investments at a private and institutional level. Traditionally, relatedness is measured using…

Machine Learning · Computer Science 2022-06-22 Giambattista Albora , Andrea Zaccaria

We show that the space in which scientific, technological and economic developments interplay with each other can be mathematically shaped using pioneering multilayer network and complexity techniques. We build the tri-layered network of…

Can trade integration induce product innovation? I document that countries that joined the European Union (EU) started producing more product varieties, investing more in R&D, and trading more compared to candidate countries that did not…

General Economics · Economics 2024-06-14 Carlos Góes

The easy access to large data sets has allowed for leveraging methodology in network physics and complexity science to disentangle patterns and processes directly from the data, leading to key insights in the behavior of systems. Here we…

Physics and Society · Physics 2017-02-08 Chengyi Tu , Joel Carr , Samir Suweis

We develop a two-region economic geography model with vertical innovations that improve the quality of manufactured varieties produced in each region. The chance of innovation depends on the \emph{related variety}, i.e. the importance of…

Theoretical Economics · Economics 2024-04-16 José M. Gaspar , Minoru Osawa

International trade fluxes evolve as countries revise their portfolios of trade products towards economic development. Accordingly products' shares in international trade vary with time, reflecting the transfer of capital between distinct…

Trading and Market Microstructure · Quantitative Finance 2018-01-16 Matthieu Barbier , D. -S. Lee

In recent years scholars have built maps of science by connecting the academic fields that cite each other, are cited together, or that cite a similar literature. But since scholars cannot always publish in the fields they cite, or that…

Digital Libraries · Computer Science 2016-04-18 Miguel R. Guevara , Dominik Hartmann , Manuel Aristarán , Marcelo Mendoza , César A. Hidalgo

Scientific collaboration networks are an important component of scientific output and contribute significantly to expanding our knowledge and to the economy and gross domestic product of nations. Here we examine a dataset from the Mendeley…

Social and Information Networks · Computer Science 2016-04-12 Soumya Banerjee

Despite the growing importance of the digital sector, research on economic complexity and its implications continues to rely mostly on administrative records, e.g. data on exports, patents, and employment, that have blind spots when it…

General Economics · Economics 2026-01-23 Sándor Juhász , Johannes Wachs , Jermain Kaminski , César A. Hidalgo

We consider in a market model the cooperative emergence of value due to a positive feedback between perception of needs and demand. Here we consider also a negative feedback from production of the traded products, and find that this…

Soft Condensed Matter · Physics 2009-11-10 R. Donangelo , K. Sneppen

Achieving international food security requires improved understanding of how international trade networks connect countries around the world through the import-export flows of food commodities. The properties of food trade networks are…

General Finance · Quantitative Finance 2017-11-20 Sofia Torreggiani , Giuseppe Mangioni , Michael J. Puma , Giorgio Fagiolo

Urbanization plays a crucial role in the economic development of every country. The mutual relationship between the urbanization of any country and its economic productive structure is far from being understood. We analyzed the historical…

Physics and Society · Physics 2021-02-18 Riccardo Di Clemente , Emanuele Strano , Michael Batty

We are flooded with large-scale dynamic networked data. Analyses requiring exact comparisons between networks are computationally intractable, so new methodologies are sought. We extend the graphlet-based statistics to directed networks and…

Social and Information Networks · Computer Science 2016-03-18 Anida Sarajlić , Noël Malod-Dognin , Ömer Nebil Yaveroğlu , Nataša Pržulj

In this paper we analyze the bipartite network of countries and products from UN data on country production. We define the country-country and product-product projected networks and introduce a novel method of filtering information based on…