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How to make an economy more complex? The determinants of complexity in historical perspective
https://doi.org/10.32609/0042-8736-2019-2-36-53
Abstract
A higher level of per capita income is associated with a better diversified and more complex export basket. Moreover, a number of results indicate that this relationship might be causal. However, what affects the level of economic complexity itself is yet to be established. In this paper, we focus on a small list of potential determinants of economic complexity. We show that a higher level of complexity is associated with a higher level of human capital accumulation. It is also linked to the initial level of complexity through an inverse U-shaped relationship. These findings survive a number of key robustness checks.
About the Authors
I. L. Lyubimov
Russian Presidential Academy of National Economy and Public Administration
Russian Federation
Russian Federation
Ivan L. Lyubimov
Moscow
A. G. Ospanova
National Research University Higher School of Economics
Russian Federation
Russian Federation
Aigerim G. Ospanova
Moscow
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For citations:
Lyubimov I.L., Ospanova A.G. How to make an economy more complex? The determinants of complexity in historical perspective. Voprosy Ekonomiki. 2019;(2):36-53. (In Russ.) https://doi.org/10.32609/0042-8736-2019-2-36-53
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