The structuralist revenge: economic complexity as an important dimension to evaluate growth and development

Gala, Paulo; Rocha, Igor Lopes; Magacho, Guilherme

doi:10.1590/0101-31572018v38n02a01

Cited by 84 publications

(42 citation statements)

References 9 publications

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“…Furthermore, there is some overlap between global value chain (GVC) analysis and the dependency research programme, although much of GVC analysis takes a more technical approach to production than a dependency research programme would, as it tends to not consider the political economy constraints peripheral economies face when attempting to move up GVCs. Similarly, theories of economic complexity provide support to the propositions of the structuralist view that states’ production sophistication is a central way to overcome underdevelopment (Gala et al., 2018), but the approach rarely goes beyond describing the characteristics of goods produced. Furthermore, it is limited in its ability to explain the origins and persistence of uneven development due to its lack of historical analysis and lack of attention to the external and internal constraints to development.…”

Section: Dependency Theory As a Research Programmementioning

confidence: 99%

Beyond the Stereotype: Restating the Relevance of the Dependency Research Programme

Kvangraven¹

2020

Development and Change

129

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This article evaluates the relevance of dependency theory for understanding contemporary development challenges, especially in the light of changes in the global economy over the past 50 years. In order to do so, the article rectifies previous misunderstandings of the scholarship and offers a new definition of dependency theory as a research programme, rather than a singular theory. Four core tenets of this research programme are identified: a global historical approach; theorizing of the polarizing tendencies of global capitalism; a focus on structures of production; and a focus on the specific constraints faced by peripheral economies. While each of these elements can be found in many contemporary theories, what makes dependency theory unique — and a particularly strong research programme — is the combination of these elements. The article demonstrates how this approach provides a deep and broad understanding that is necessary to appreciate the persistence of uneven development with reference to two case studies, namely successful industrialization in South Korea, and how the fragmentation of global value chains has impacted industrialization in Indonesia. Finally, the article argues that approaching these kinds of cases through a dependency research programme can contribute to a fruitful renewal of development studies.

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Section: Dependency Theory As a Research Programmementioning

confidence: 99%

Beyond the Stereotype: Restating the Relevance of the Dependency Research Programme

Kvangraven¹

2020

Development and Change

129

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“…Sbardella et al (2018), nell'analizzare le determinanti dell'impatto sulla crescita economica, utilizzano un approccio non parametrico che combina la Economic Fitness (misura delle capabilities di un paese) con alcuni drivers tradizionali della crescita. Gala et al (2018) si pongono l'obiettivo di verificare se l'eterogeneità dei livelli di complessità riscontrata nei diversi paesi sia rilevante nel processo di convergenza e divergenza tra paesi ricchi e poveri.…”

Quanto è "complessa" la crescita? Un'analisi panel in 27 paesi Europei

Castaldo

Billi

Orzi

2020

CORPORATE GOVERNANCE AND RESEARCH &Amp; DEVELOPMENT STUDIES

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Il presente lavoro mira a costruire un ponte tra la letteratura sulla complessità economica e i modelli teorici della crescita endogena. I modelli tradizionali di crescita, infatti, sembrano sottostimare l'impatto generato dalle interazioni sistemiche dei diversi fattori di crescita. Per colmare tale gap, si adatta il modello di Mankiw et al. (1992) al fine di poter includere una misura di complessità economica (i.e., Economic Complexity Index - ECI). L'analisi empirica è riferita ad un panel (2007-2018) di 27 paesi dell'area europea. Con il ricorso ad un approccio tradizionale (panel a effetti fissi e random), dinamico auto-regressivo (system-GMM) e semi-parametrico ad effetti fissi, l'analisi condotta evidenzia che il livello di complessità dei sistemi economici incide significativamente sui livelli di crescita economica e che la relazione funzionale è di tipo non lineare

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“…Massachusetts Institute of Technology (MIT) developed Economic Complexity Index (ECI) to measure the quality of the countries' exported goods according to commodity groups. 1 All products that have the ECI score are classified under HS or Standard International Trade Classification (SITC) codes that takes into account the embedded useful knowledge embedded for calculating the ECI 2 .…”

Section: Economic Complexity Index (Eci)mentioning

confidence: 99%

“…ECI also provides some information regarding the country's income level and possible growth rate for next years [2]. Consumers purchase not only a product but whole knowledge about that product.…”

Section: Economic Complexity Index (Eci)mentioning

confidence: 99%

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The Relationship Between Economic Complexity Index and Export: the Case of Turkey and Central Asian and Turkic Republics

Şeker¹,

Şimdi²

2019

EoR

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The paper focuses on the mutual interaction between export from Turkey to Central Asian and Turkic Republics (the CATRs) and exported product range. For measuring the range of exported products, we use economic complexity index (ECI) that refers to the knowledge intensity accumulated in the country's exported products. In addition, ECI provides information regarding the countries' export structures and income levels. We explore how export levels of Turkey and the CATRs, which have common religion and ethnicity, and the countries' ECI scores interact with each other. In this regard, we demonstrate how export affects the countries' ECI for both the CATRs and Turkey. For this purpose, we study the possible relationship between mutual trade volume and the countries' ECI scores by employing Westerlund's cointegration analysis, Pooled Mean Group Estimator (PMGE) model and Dumitrescu-Hurlin's panel causality method. We used the data on the researched countries for the period from 1996 to 2015 collected from official web sites. We have found that export from Turkey to the CATRs and Turkey's ECI scores have a long-term relationship. Additionally, there is a unidirectional causality relationship from Turkey's export to the CATRs to Turkey's ECI score and from the CATRs' ECI scores to the CATRs' export to Turkey. To sum up, our findings support the hypothesis that higher trade volume between Turkey and the CATRs increases the export of complex products for both sides. Based on the results, stronger mutual trade relations increase the total gain not only for Turkey but for the CATRs, too. Lastly, in future studies, we plan to cover all Post-Soviet countries and reveal the relations between bilateral trade and the range of exported products.

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The structuralist revenge: economic complexity as an important dimension to evaluate growth and development

Cited by 84 publications

References 9 publications

Beyond the Stereotype: Restating the Relevance of the Dependency Research Programme

Beyond the Stereotype: Restating the Relevance of the Dependency Research Programme

Quanto è "complessa" la crescita? Un'analisi panel in 27 paesi Europei

The Relationship Between Economic Complexity Index and Export: the Case of Turkey and Central Asian and Turkic Republics

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The structuralist revenge: economic complexity as an important dimension to evaluate growth and development

Cited by 84 publications

References 9 publications

Beyond the Stereotype: Restating the Relevance of the Dependency Research Programme

Beyond the Stereotype: Restating the Relevance of the Dependency Research Programme

Quanto &egrave; "complessa" la crescita? Un'analisi panel in 27 paesi Europei

The Relationship Between Economic Complexity Index and Export: the Case of Turkey and Central Asian and Turkic Republics

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Quanto è "complessa" la crescita? Un'analisi panel in 27 paesi Europei