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Economic Security within the Limits of Economic Complexity
Introduction. The issues of ensuring economic security of regions (especially of those with a specific situation) taking into account the influence of economic complexity are a novel research problem. The development of regions, primarily the border ones,
Ksenia Yu. Voloshenko
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Complexity in Economic and Social Systems [PDF]
During recent years we have witnessed a systematic progress in the understanding of complex systems, both in the case of particular systems that are classified into this group and, in general, as regards the phenomenon of complexity [...]
Stanislaw Drozdz +2 more
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Foundations of complexity economics [PDF]
Conventional, neoclassical economics assumes perfectly rational agents (firms, consumers, investors) who face well-defined problems and arrive at optimal behaviour consistent with - in equilibrium with - the overall outcome caused by this behaviour.
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The different structure of economic ecosystems at the scales of companies and countries
A key element to understand complex systems is the relationship between the spatial scale of investigation and the structure of the interrelation among its elements.
Dario Laudati +3 more
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The heterogeneous dynamics of economic complexity. [PDF]
What will be the growth of the Gross Domestic Product (GDP) or the competitiveness of China, United States, and Vietnam in the next 3, 5 or 10 years? Despite this kind of questions has a large societal impact and an extreme value for economic policy making, providing a scientific basis for economic predictability is still a very challenging problem ...
Cristelli M, Tacchella A, Pietronero L.
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Product Complexity and Economic Development [PDF]
We rank 5,107 products and 124 countries according to the Hidalgo and Hausmann (2009) measures of complexity. We find that: (1) the most complex products are in machinery, chemicals, and metals, while the least complex products are raw materials and commodities, wood, textiles, and agricultural products; (2) the most complex economies in the world are ...
Arnelyn Abdon +3 more
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The building blocks of economic complexity [PDF]
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 activities and with the complexity that emerges from the interactions between them.
Cesar A. Hidalgo, Ricardo Hausmann
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Economic Complexity: A New Challenge for the Environment
The present paper offers a view regarding the challenge induced in the environment by the productive structure of countries. Economic complexity, which links the productive structure of a country with its knowledge, labour, and sophistication, seems to ...
Olimpia Neagu
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How Does Economic Complexity Affect Energy Demand in Iran? New Evidence from the Quantile Regression Model [PDF]
The impact of technological advances on energy consumption is one of the topics that has been considered by many researchers and policymakers. Numerous researchers have tried to evaluate this relationship based on various technology indicators. The index
Ali Moridian, Zahra Azizi
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We identify a link between the evolution of the concentration of manufacturing production among Mexican states and their level of economic complexity.
Manuel Gómez-Zaldívar +2 more
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