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The Great Divide: The Paths of Industrial Competitiveness in Brazil and South Korea

João Romero (), Elton Freitas, Gustavo Britto and Clara Coelho
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Elton Freitas: PhD Candidate, Cedeplar-UFMG
Clara Coelho: Research Assistant, Cedeplar-UFMG

No 519, Textos para Discussão Cedeplar-UFMG from Cedeplar, Universidade Federal de Minas Gerais

Abstract: The present paper expands the approach developed by Hidalgo et al. (2007), Hausmann et al. (2007) and Hidalgo and Hausmann (2009) to analyse the relationship between structural change and economic sophistication. To do so, the paper shows product space networks for each decade since the 1960’s and analyses revealed comparative (dis)advantages indictors for Brazil and South Korea from the 1960s to 2000s. The results show that although having similar per capita GDPs in the beginning of the series, South Korea achieved faster growth than Brazil by specialising in high sophistication, technology intensive goods.

Keywords: Economic Complexity; Capabilities; Product Space, Brazil; South Korea. (search for similar items in EconPapers)
JEL-codes: O14 O19 O57 F14 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-lam
Date: 2015-09
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