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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…

物理与社会 · 物理学 2015-11-10 Fabio Saracco , Riccardo Di Clemente , Andrea Gabrielli , Luciano Pietronero

A country's mix of products predicts its subsequent pattern of diversification and economic growth. But does this product mix also predict income inequality? Here we combine methods from econometrics, network science, and economic…

经济学 · 定量金融 2017-01-31 D. Hartmann , M. R. Guevara , C. Jara-Figueroa , M. Aristaran , C. A. Hidalgo

A set of economic entities embedded in a network graph collaborate by opportunistically exchanging their resources to satisfy their dynamically generated needs. Under what conditions their collaboration leads to a sustainable economy? Which…

计算机科学与博弈论 · 计算机科学 2017-07-26 George Iosifidis , Leandros Tassiulas

There are clear benefits associated with a particular consumer choice for many current markets. For example, as we consider here, some products might carry environmental or `green' benefits. Some consumers might value these benefits while…

综合金融 · 定量金融 2008-12-02 Gérard Weisbuch , Vincent Buskens , Luat Vuong

Economic complexity reflects the amount of knowledge that is embedded in the productive structure of an economy. By combining tools from network science and econometrics, a robust and stable relationship between a country's productive…

经济学 · 定量金融 2016-11-22 Viktor Stojkoski , Zoran Utkovski , Ljupco Kocarev

We develop a theory of demand economics for an era of material abundance. The binding constraint on growth has shifted from insufficient aggregate demand to inadequate demand-tier upgrading. Our result is that, the new engine of growth lies…

综合经济学 · 经济学 2025-10-21 Fenghua Wen , Xieyu Yin , Chufu Wen

The modeling of complex systems such as ecological or socio-economic systems can be very challenging. Although various modeling approaches exist, they are generally not compatible and mutually consistent, and empirical data often do not…

物理与社会 · 物理学 2010-07-19 Dirk Helbing

Studying intra-industry trade involves theoretical explanations and empirical methods to measure the phenomenon. Indicators have been developed to measure the intensity of intra-industry trade, leading to theoretical models explaining its…

理论经济学 · 经济学 2023-09-01 Sourish Dutta

Poor economies not only produce less; they typically produce things that involve fewer inputs and fewer intermediate steps. Yet the supply chains of poor countries face more frequent disruptions---delivery failures, faulty parts, delays,…

综合金融 · 定量金融 2017-09-05 Charles D. Brummitt , Kenan Huremovic , Paolo Pin , Matthew H. Bonds , Fernando Vega-Redondo

In recent years economic complexity has grown into an active field of fundamental and applied research. Yet, despite important advances, the policy implications of economic complexity remain unclear or misunderstood. Here I organize the…

综合经济学 · 经济学 2023-08-08 César A. Hidalgo

In economic literature, economic complexity is typically approximated on the basis of an economy's gross export structure. However, in times of ever increasingly integrated global value chains, gross exports may convey an inaccurate image…

综合经济学 · 经济学 2020-12-11 Philipp Koch

As countries develop, the relative importance of agriculture declines and economic activity becomes spatially concentrated. We develop a model integrating structural change and regional disparities to jointly capture these phenomena. A key…

综合经济学 · 经济学 2024-12-06 Clement E. Bohr , Marti Mestieri , Frederic Robert-Nicoud

General purpose agents will require large repertoires of skills. Empowerment -- the maximum mutual information between skills and states -- provides a pathway for learning large collections of distinct skills, but mutual information is…

机器学习 · 计算机科学 2023-10-05 Andrew Levy , Sreehari Rammohan , Alessandro Allievi , Scott Niekum , George Konidaris

I explore the concept of growth being rooted in the recombination of existing technology as an explanation for the remarkable growth witnessed during the Industrial Revolution as it was recently proposed by Koppl et al.(2023). I adapt their…

综合经济学 · 经济学 2024-10-01 W. Benedikt Schmal

When two selection environments operate upon each other, mutual shaping in a co-evolution along a particular trajectory is one possible outcome. When three selection environments are involved, more complex dynamics can be expected as a…

物理与社会 · 物理学 2009-11-19 Loet Leydesdorff , Martin Meyer

Much of the analysis of economic growth has focused on the study of aggregate output. Here, we deviate from this tradition and look instead at the structure of output embodied in the network connecting countries to the products that they…

综合金融 · 定量金融 2012-03-02 Ricardo Hausmann , Cesar A. Hidalgo

Machine learning algorithms can now outperform classic economic models in predicting quantities ranging from bargaining outcomes, to choice under uncertainty, to an individual's future jobs and wages. Yet this predictive accuracy comes at a…

理论经济学 · 经济学 2025-08-27 Annie Liang

This paper examines the changing nature of knowledge-based innovation systems in light of the dynamic interconnections between the university, industry and government. Industries have to assess in what way and to what extent they decide to…

物理与社会 · 物理学 2009-11-24 Loet Leydesdorff

In the so-called ``fair'' models of peer-to-peer wealth exchanges, economic inequality tends to reach its maximum value asymptotically. This global trend is evident as the richest continuously accumulate a larger share of wealth at the…

物理与社会 · 物理学 2023-08-22 Thiago Dias , Sebastián Gonçalves

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…

综合经济学 · 经济学 2024-06-14 Carlos Góes