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For Adam Smith, wealth was related to the division of labor. As people and firms specialize in different activities, economic efficiency increases, suggesting that development is associated with an increase in the number of individual…

综合金融 · 定量金融 2009-09-23 Cesar A. Hidalgo , Ricardo Hausmann

Structural change consists of industrial diversification towards more productive, knowledge intensive activities. However, changes in the productive structure bear inherent links with job creation and income distribution. In this paper, we…

综合经济学 · 经济学 2026-05-13 Bernardo Caldarola , Dario Mazzilli , Aurelio Patelli , Angelica Sbardella

Development and growth are complex and tumultuous processes. Modern economic growth theories identify some key determinants of economic growth. However, the relative importance of the determinants remains unknown, and additional variables…

综合经济学 · 经济学 2018-12-05 Angelica Sbardella , Emanuele Pugliese , Andrea Zaccaria , Pasquale Scaramozzino

Economic complexity measures aim to quantify the capability content or endowment of industries and territories; however, capabilities are not observable, and therefore cannot be directly used in the computations. We estimate such endowments…

综合经济学 · 经济学 2025-07-09 Antonio Russo , Pasquale Scaramozzino , Andrea Zaccaria

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 analyze the decisive role played by the complexity of economic systems at the onset of the industrialization process of countries over the past 50 years. Our analysis of the input growth dynamics, based on a recently introduced measure…

经济学 · 定量金融 2018-01-09 Emanuele Pugliese , Guido L. Chiarotti , Andrea Zaccaria , Luciano Pietronero

Recent studies highlight economic complexity's role in mitigating fiscal crises, often measured via an economy's trade structure. Trade, however, is just one facet of an economy's structure and omits critical innovative activities like…

综合经济学 · 经济学 2024-11-05 Goran Hristovski , Gjorgji Gockov , Viktor Stojkoski

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…

综合金融 · 定量金融 2017-07-11 Klaus Jaffe

Economic complexity reflects the amount of knowledge that is embedded in the productive structure of an economy. It resides on the premise of hidden capabilities - fundamental endowments underlying the productive structure. In general,…

计量经济学 · 经济学 2018-09-05 Zoran Utkovski , Melanie F. Pradier , Viktor Stojkoski , Fernando Perez-Cruz , Ljupco Kocarev

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

To analyze the evolutionary emergence of structural complexity in physical processes we introduce a general, but tractable, model of objects that interact to produce new objects. Since the objects--\emph{$epsilon$-machines}--have well…

适应与自组织系统 · 物理学 2007-05-23 James P. Crutchfield , Olof Gornerup

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

Economic Complexity (EC) methods have gained increasing popularity across fields and disciplines. In particular, the EC toolbox has proved particularly promising in the study of complex and interrelated phenomena, such as the transition…

We discuss the relevance of studying ecology within the framework of Complexity Science from a statistical mechanics approach. Ecology is concerned with understanding how systems level properties emerge out of the multitude of interactions…

种群与进化 · 定量生物学 2007-09-14 Henrik Jeldtoft Jensen , Elsa Arcaute

One of the themes that have been approached more and more within the specialised literature is being represented by economic cycles. The analysis of these is very useful in the long term predictions, in finding solutions for the economic…

综合经济学 · 经济学 2025-01-15 Cristina Tanasescu , Amelia Bucur , Camelia Oprean-Stan

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

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…

综合经济学 · 经济学 2025-09-24 Quinten De Wettinck , Karolien De Bruyne , Wouter Bam , César A. Hidalgo

Economies are complex man-made systems where organisms and markets interact according to motivations and principles not entirely understood yet. The increasing dissatisfaction with the postulates of traditional economics i.e. perfectly…

适应与自组织系统 · 物理学 2012-06-04 Jaime Gomez-Ramirez , Manuel G. Bedia

In complex systems, many different parts interact in non-obvious ways. Traditional research focuses on a few or a single aspect of the problem so as to analyze it with the tools available. To get a better insight of phenomena that emerge…

多智能体系统 · 计算机科学 2015-04-03 Klaus Jaffe

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
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