- Title
- The atlas of economic complexity: a review
- Creator
- Hickson, Josiah
- Relation
- Newcastle Business School Student Journal Vol. 1, Issue 1, p. 27-33
- Publisher
- University of Newcastle
- Resource Type
- journal article
- Date
- 2017
- Description
- This discussion paper provides an exploration of the methodology used by Hausmann et al.’s (2014) Atlas of Economic Complexity. The Atlas provides a novel alternative to mainstream theories of economic growth and international trade. At the heart of the approach is an attempt to quantify the productive knowledge of a nation, which is inferred using a network-based approach to economic analysis. The authors argue that nations which possess greater productive knowledge, represented in a measure termed Economic Complexity, will produce more products and more complex products as part of their export baskets. This represents a significant departure when compared to earlier theories which suggest that more highly developed countries will produce more specialised goods. This discussion paper proceeds as follows: first, an overview of the Atlas’ methodology is provided; then commentary will turn to the strengths and weaknesses of this approach.
- Subject
- capabilities; complexity economics; economic development; international trade; network analysis; product space; Newcastle Business School Student Journal
- Identifier
- http://hdl.handle.net/1959.13/1467359
- Identifier
- uon:47808
- Identifier
- ISSN:2207-3868
- Rights
- © 2017 The Author. This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-nc-nd/4.0/.
- Language
- eng
- Full Text
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Newcastle Business School Student Journal
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