2017
DOI: 10.15640/jeds.v5n1a3
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Can the Monkeys Leave the Export Processing Zones? Exploring the Maquiladora Bias in the Economic Complexity Index in Latin America

Abstract: This paper shows the existing mismatches between the calculated Economic Complexity Index (ECI) values and other indicators of the level of development and economic sophistication in Latin America's countries. The study provides evidence of the systematic differences in the ranking of countries that points to the existence of some sort of bias, and it attempts to explain the bias for countries that are systematically listed by the ECIin a rank above the one that should correspond them using other development m… Show more

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Cited by 8 publications
(2 citation statements)
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“…Still, they do not export them: for example, Australia exports lots of products and services at the interstate level that are complex but are not shipped internationally due to the fragility, perishability or lack of productive capacity (Reynolds et al , 2017). In contrast, due to the maquiladora bias, there is a mismatch between some Latin American countries' Economic Complexity Index (ECI) and other economic development indicators (Caria et al , 2017). Ertan Özgüzer and Oğuş-Binatlı (2016) has found the same mismatch in European developing countries benefiting from the EU trade agreements.…”
Section: Papers Classification Based On Their Contributions To the Li...mentioning
confidence: 99%
“…Still, they do not export them: for example, Australia exports lots of products and services at the interstate level that are complex but are not shipped internationally due to the fragility, perishability or lack of productive capacity (Reynolds et al , 2017). In contrast, due to the maquiladora bias, there is a mismatch between some Latin American countries' Economic Complexity Index (ECI) and other economic development indicators (Caria et al , 2017). Ertan Özgüzer and Oğuş-Binatlı (2016) has found the same mismatch in European developing countries benefiting from the EU trade agreements.…”
Section: Papers Classification Based On Their Contributions To the Li...mentioning
confidence: 99%
“…16 Caria et al (2017) This study pointed out the differences between complexity and traditional parameters of growth and development. It studied the export processing zones and the ranking of these countries.…”
mentioning
confidence: 94%