The Policy Implications of Economic Complexity
C\'esar A. Hidalgo
Papers from arXiv.org
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 or misunderstood. 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 timing support for 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 paper is to provide a framework that groups, organizes, and clarifies the policy implications of economic complexity to facilitate its continued use in regional and international development.
Date: 2022-05, Revised 2023-08
New Economics Papers: this item is included in nep-geo
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Published in Research Policy, 52(9), 104863 (2023)
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2205.02164
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