Working paper
Productive ecosystems and the arrow of development
- Abstract:
-
Economic growth is often associated with diversification of economic activities. Making a product in a country is dependent on having, and acquiring, the capabilities needed to make the product, making the process path-dependent. We derive a probabilistic model to describe the directed dynamic process of capability accumulation and product diversification of countries. Using international trade data, the model enables us to empirically identify the set of pre-existing products that enables a ...
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- Publication status:
- Not published
- Peer review status:
- Reviewed (other)
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Authors
Bibliographic Details
- Series:
- Arxiv
- Host title:
- ArXiv
- Publication date:
- 2018-07-09
- Source identifiers:
-
867410
Item Description
- Pubs id:
-
pubs:867410
- UUID:
-
uuid:3ee7d884-e909-44cd-8190-a3b4d29d6f3f
- Local pid:
- pubs:867410
- Deposit date:
- 2018-07-11
Terms of use
- Copyright date:
- 2018
- Notes:
- The preprint version of this paper is available on arXiv.org via https://arxiv.org/abs/1807.03374
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