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Global trade is shaped by a complex mix of factors beyond supply and demand, including tangible variables like transport costs and tariffs, as well as less quantifiable influences such as political and economic relations. Traditionally,…

Optimization and Control · Mathematics 2025-11-21 Thomas Gaskin , Guven Demirel , Marie-Therese Wolfram , Andrew Duncan

Technological change is essential to balance economic growth and environmental sustainability. This study documents energy-saving technological change to understand the trends and differences therein in OECD countries. We estimate…

General Economics · Economics 2022-07-14 Emiko Inoue , Hiroya Taniguchi , Ken Yamada

Green technology is viewed as a means of creating a sustainable society and a catalyst for sustainable development by the global community. It is responsible for both the potential reduction of production waste and the reduction of carbon…

We propose a combinatorial model of economic development. An economy develops by acquiring new capabilities allowing for the production of an ever greater variety of products of increasingly complex products. Taking into account that…

General Economics · Economics 2019-03-20 Alje van Dam , Koen Frenken

We analyze export data aggregated at world global level of 219 classes of products over a period of 39 years. Our main goal is to set up a dynamical model to identify and quantify plausible mechanisms by which the evolutions of the various…

Economics · Quantitative Finance 2016-09-20 Michele Caraglio , Fulvio Baldovin , Attilio L. Stella

We calculate measures of economic complexity for US metropolitan areas for the years 2007-2015 based on industry employment data. We show that the concept of economic complexity translates well from the cross-country to the regional…

General Economics · Economics 2021-04-14 Benedikt S. L. Fritz , Robert A. Manduca

Bipartite networks provide an insightful representation of many systems, ranging from mutualistic networks of species interactions to investment networks in finance. The analysis of their topological structures has revealed the ubiquitous…

Physics and Society · Physics 2018-07-20 Mika J. Straka , Guido Caldarelli , Tiziano Squartini , Fabio Saracco

We demonstrate using multi-layered networks, the existence of an empirical linkage between the dynamics of the financial network constructed from the market indices and the macroeconomic networks constructed from macroeconomic variables…

General Economics · Economics 2019-03-18 Kiran Sharma , Anindya S. Chakrabarti , Anirban Chakraborti

Efforts to apply economic complexity to identify diversification opportunities often rely on diagrams comparing the relatedness and complexity or products, technologies, or industries. Yer, the use of these diagrams is not based on…

General Economics · Economics 2025-09-25 Viktor Stojkoski , César A. Hidalgo

Integrating renewable energy production into the electricity grid is an important policy goal to address climate change. However, such an integration faces economic and technological challenges. As power generation by renewable sources…

Systems and Control · Electrical Eng. & Systems 2021-01-15 Nayara Aguiar , Indraneel Chakraborty , Vijay Gupta

We analyse global export data within the Economic Complexity framework. We couple the new economic dimension Complexity, which captures how sophisticated products are, with an index called logPRODY, a measure of the income of the respective…

Economics · Quantitative Finance 2017-05-26 Orazio Angelini , Matthieu Cristelli , Andrea Zaccaria , Luciano Pietronero

Trade networks, across which countries distribute their products, are crucial components of the globalized world economy. Their structure is strongly heterogeneous across products, given the different features of the countries which buy and…

Physics and Society · Physics 2019-01-09 Carlo Piccardi , Lucia Tajoli

Explaining biodiversity in nature is a fundamental problem in ecology. An outstanding challenge is embodied in the so-called Competitive Exclusion Principle: two species competing for one limiting resource cannot coexist at constant…

Populations and Evolution · Quantitative Biology 2020-04-13 Xin Wang , Yang-Yu Liu

We define a novel quantitative strategy inspired by the ecological notion of nestedness to single out the scale at which innovation complexity emerges from the aggregation of specialized building blocks. Our analysis not only suggests that…

General Economics · Economics 2019-09-13 Emanuele Pugliese , Lorenzo Napolitano , Matteo Chinazzi , Guido Chiarotti

We propose an evolutionary competition model to investigate the green transition of firms, highlighting the role of adjustment costs, dynamically adjusted transition risk, and green technology progress in this process. Firms base their…

Theoretical Economics · Economics 2024-10-29 Davide Radi , Frank Westerhoff

The sustainability impacts of ICT systems are difficult to assess and govern due to structural complexity, fragmented measurement practices, and unclear responsibilities across system layers. We argue that these challenges cannot be…

Innovation is among the key factors driving a country's economic and social growth. But what are the factors that make a country innovative? How do they differ across different parts of the world and different stages of development? In this…

Computers and Society · Computer Science 2016-06-21 Prasanna Sattigeri , Aurélie Lozano , Aleksandra Mojsilović , Kush R. Varshney , Mahmoud Naghshineh

There are many benefits and costs that come from people and firms clustering together in space. Agglomeration economies, in particular, are the manifestation of centripetal forces that make larger cities disproportionately more wealthy than…

Physics and Society · Physics 2024-04-23 Andres Gomez-Lievano , Michail Fragkias

Few attempts have been proposed in order to describe the statistical features and historical evolution of the export bipartite matrix countries/products. An important standpoint is the introduction of a products network, namely a…

Physics and Society · Physics 2015-11-10 Fabio Saracco , Riccardo Di Clemente , Andrea Gabrielli , Luciano Pietronero

A rich theoretical and empirical literature investigated the link between export diversification and firm performance. Prior theoretical works hinted at the key role of capability accumulation in shaping production activities and…

General Economics · Economics 2025-07-30 Valerio De Stefano , Maddalena Mula , Manuel Sebastian Mariani , Andrea Zaccaria