Promoting regional growth and innovation: relatedness, revealed comparative advantage and the product space

Gloria Cicerone, Philip McCann () and Viktor Venhorst

No 1714, Papers in Evolutionary Economic Geography (PEEG) from Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography

Abstract: We adapt the product-space methodological approach of Hausmann and Klinger to the case of Italian provinces and regions in order to examine the extent to which the network connectedness and centrality of a provinceÕs exports is related to its economic performance. We construct a new Product Space Position (PSP) index which retains many of the Hausmann-Klinger features but which is also much better suited to handling regional and provincial data. We also compare PSP performance with two other export composition indices. A better positioning in the export-network product space is indeed associated with a better local economic outcomes.

Keywords: relatedness; revealed comparative advantage; product space; regional development (search for similar items in EconPapers)
JEL-codes: O11 R11 R12 (search for similar items in EconPapers)
Date: 2017-06, Revised 2017-06
New Economics Papers: this item is included in nep-geo, nep-ino and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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Journal Article: Promoting regional growth and innovation: relatedness, revealed comparative advantage and the product space (2020)
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