Showing 1 - 10 of 61
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...
Persistent link: https://www.econbiz.de/10008549077
This paper contrasts the poor performance of African economies over the past 30 years with the remarkable development … of the lagging development of African countries. Sound macroeconomic policies and structural reforms to foster capital …
Persistent link: https://www.econbiz.de/10011184600
The paper provides quantitative estimates of the productive capacities of the countries in the Asia- Pacific region and their evolution in the past 25 years. It updates the results for 2009 presented in the ESCAP’s Economic and Social Survey of Asia and the Pacific 2011 and details the...
Persistent link: https://www.econbiz.de/10010890746
that specialization may enhance economic development if factor prices are internationally equalized. However, due to terms … according to its comparative advantages –structural stagnation– generates an inferior path of economic development (lower income …
Persistent link: https://www.econbiz.de/10010902348
This paper argues that, with the removal of international sanctions and the opening up of the economy, fostering economic activity and facilitating investment in new and more productive industries will best facilitate inclusive economic growth in Myanmar. With a perspective that emphasizes the...
Persistent link: https://www.econbiz.de/10010903956
This paper approaches inclusive development in South and South-West Asia through the framework of structural …
Persistent link: https://www.econbiz.de/10010903957
This paper, using a long-term, product-level cross-country dataset, analyzes the trade-growth nexus by introducing two novel indicators able to capture demand and supply attributes of countries' quality of specialization. The Keynesian efficiency index measures demand attractiveness of the...
Persistent link: https://www.econbiz.de/10012797558
We provide the first evidence that low- and middle-income countries with high education levels were more successful in developing comparative advantage in products unrelated to those they already export. In contrast, controlling for the relatedness of target products to these countries' exports,...
Persistent link: https://www.econbiz.de/10012491774
This paper explores the relationship between output volatility and economic development. We develop a methodology to … develop, they move from riskier sectors to safer ones. In addition, sectoral concentration declines with development at early …. Existing theories linking volatility and development are not consistent with all of our findings. We propose new directions for …
Persistent link: https://www.econbiz.de/10014071238
incentives. Complexity (and hence output stability) is positively related with the development of the country, the comparative …
Persistent link: https://www.econbiz.de/10013318779