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The Policy Implications of Economic Complexity

Cesar Hidalgo

No 2230, Papers in Evolutionary Economic Geography (PEEG) from Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography

Abstract: 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. Here I organize the policy implications of economic complexity in a framework grounded on 4 Ws: what approaches, focused on identifying target activities and/or locations; when approaches, focused on when to time support for developing related and unrelated activities; where approaches, focused on the geographic diffusion of knowledge; and who approaches, focused on the role played by agents of structural change. The goal of this framework is to clarify the policy implications of recent work in economic complexity and to facilitate its continued use in regional and international development efforts. nations.

Keywords: economic complexity; economic policy; structural change (search for similar items in EconPapers)
JEL-codes: O11 O25 O33 R11 R58 (search for similar items in EconPapers)
Date: 2022-11, Revised 2022-11
New Economics Papers: this item is included in nep-geo
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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http://econ.geo.uu.nl/peeg/peeg2230.pdf Version November 2022 (application/pdf)

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Journal Article: The policy implications of economic complexity (2023) Downloads
Working Paper: The policy implications of economic complexity (2023)
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