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We study the relationship between firms' performance and their technological portfolios using tools borrowed from the complexity science. In particular, we ask whether the accumulation of knowledge and capabilities related to a coherent set…

Economics · Quantitative Finance 2017-07-10 Emanuele Pugliese , Lorenzo Napolitano , Andrea Zaccaria , Luciano Pietronero

We study the production, entry, and technological decisions of firms in the presence of bribery. We find that bribery can be justified even in the absence of bureaucratic inefficiencies. We document substantial technology-specific…

General Economics · Economics 2025-07-21 Jafar M. Olimov , Yi-Chan Tsai , Hao-Yu Yang

We build on the interpretation of the Economic Complexity method as Correspondence Analysis (CA), and propose that the Canonical form of CA (CCA), which originated in the ecology literature, can be used to calculate multi-dimensional…

General Economics · Economics 2024-09-04 Önder Nomaler , Bart Verspagen

We investigate the convergence properties of an algorithm which has been recently proposed to measure the competitiveness of countries and the quality of their exported products. These quantities are called respectively Fitness F and…

Economics · Quantitative Finance 2018-01-09 Emanuele Pugliese , Andrea Zaccaria , Luciano Pietronero

Despite global efforts to harmonize international trade statistics, our understanding of digital trade and its implications remains limited. Here, we introduce a method to estimate bilateral exports and imports for dozens of sectors…

General Economics · Economics 2024-07-25 Viktor Stojkoski , Philipp Koch , Eva Coll , Cesar A. Hidalgo

Against the background of renewed interest in vertical support policies targeting specific industries or technologies, we investigate the effects of vertical vs. horizontal policies in a combinatorial model of economic development. In the…

General Economics · Economics 2020-06-09 Alje van Dam , Koen Frenken

Estimating the capabilities, or inputs of production, that drive and constrain the economic development of urban areas has remained a challenging goal. We posit that capabilities are instantiated in the complexity and sophistication of…

Physics and Society · Physics 2021-09-17 Andres Gomez-Lievano , Oscar Patterson-Lomba

One of the unintended consequences of the New Public Management (NPM) in universities is often feared to be a division between elite institutions focused on research and large institutions with teaching missions. However, institutional…

Physics and Society · Physics 2010-01-19 Willem Halffman , Loet Leydesdorff

I discuss economic and social sources of inequality and elaborate on the role of social networks in inequality, economic immobility, and economic inefficiencies. The lens of social networks clarifies how the entanglement of people's…

General Economics · Economics 2025-06-17 Matthew O. Jackson

The study and measurement of economic resilience is ruled by high level of complexity related to the diverse structure, functionality, spatiality, and dynamics describing economic systems. Towards serving the demand of integration, this…

General Economics · Economics 2022-02-18 Dimitrios Tsiotas

We use citation data of scientific articles produced by individual nations in different scientific domains to determine the structure and efficiency of national research systems. We characterize the scientific fitness of each nation (that…

Physics and Society · Physics 2015-06-22 Giulio Cimini , Andrea Gabrielli , Francesco Sylos Labini

Income inequality is an important issue that has to be solved in order to make progress in our society. The study of income inequality is well received through the Gini coefficient, which is used to measure degrees of inequality in general.…

General Economics · Economics 2025-06-26 Wanetha Sudswong , Anon Plangprasopchok , Chainarong Amornbunchornvej

Many existing fairness metrics measure group-wise demographic disparities in system behavior or model performance. Calculating these metrics requires access to demographic information, which, in industrial settings, is often unavailable. By…

Social and Information Networks · Computer Science 2024-09-13 Avijit Ghosh , Tomo Lazovich , Kristian Lum , Christo Wilson

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…

The era of technological change entails complex patterns of changes in wages and employment. We develop a unified framework to evaluate the effects of capital-embodied technological change on, as well as the contributions of factor inputs…

General Economics · Economics 2025-10-28 Hiroya Taniguchi , Ken Yamada

Data for many nations show a long-run increase, over many decades, of income, indexed by GDP per capita, and population health, indexed by mortality or life expectancy at birth (LEB). However, the short-run and long-run relationships…

General Economics · Economics 2025-06-24 José A. Tapia Granados , Edward L. Ionides

Recent strides in economic complexity have shown that the future economic development of nations can be predicted with a single "economic fitness" variable, which captures countries' competitiveness in international trade. The predictions…

Physics and Society · Physics 2022-06-03 Yucheng Ye , Shuqi Xu , Manuel Sebastian Mariani , Linyuan Lü

[Background:] Software effort prediction methods and models typically assume positive correlation between software product complexity and development effort. However, conflicting observations, i.e. negative correlation between product…

Software Engineering · Computer Science 2015-09-29 Zheng Li , Liam O'Brien , Ye Yang

Income- and price-elasticity of demand quantify the responsiveness of markets to changes in income, and in prices, respectively. Under the assumptions of utility maximization and preference-independence (additive preferences), mathematical…

Applications · Statistics 2016-04-27 Lorenzo Sabatelli

International trading networks significantly influence global economic conditions and environmental outcomes. A notable imbalance between economic gains and emissions transfers persists, manifesting as carbon inequality. This study…

Social and Information Networks · Computer Science 2024-07-09 Yanming Guo , Charles Guan , Jin Ma