The great divide: economic complexity and development paths in Brazil and the Republic of Korea

This paper uses the product space methodology to gain new perspectives on the relationship between economic complexity and economic development, illustrated by case studies of Brazil and the Republic of Korea. It takes import data as an indicator of revealed comparative disadvantage to highlight the...

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Autores principales: Britto, Gustavo, Romero, João Prates, Freitas, Elton, Coelho, Clara
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Lenguaje:English
Publicado: 2019
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Acceso en línea:http://hdl.handle.net/11362/44721
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spelling oai-11362-447212019-11-28T19:33:02Z The great divide: economic complexity and development paths in Brazil and the Republic of Korea Britto, Gustavo Romero, João Prates Freitas, Elton Coelho, Clara DESARROLLO ECONOMICO MODELOS DE DESARROLLO ANALISIS COMPARATIVO PRODUCTIVIDAD DIVERSIFICACION DE LA PRODUCCION INDICADORES ECONOMICOS ECONOMIC DEVELOPMENT DEVELOPMENT MODELS COMPARATIVE ANALYSIS PRODUCTIVITY PRODUCTION DIVERSIFICATION ECONOMIC INDICATORS This paper uses the product space methodology to gain new perspectives on the relationship between economic complexity and economic development, illustrated by case studies of Brazil and the Republic of Korea. It takes import data as an indicator of revealed comparative disadvantage to highlight the relevance of the local market. Product space networks for each decade between 1960 and 2000 are then presented, revealing the significant changes in each country’s position in the international division of labour. Lastly, a structural development index is used to measure economic development in each country. The revealed comparative advantage and disadvantage indices indicate that while both countries had similar levels of per capita gross domestic product (GDP) in the early 1960s, the Republic of Korea saw faster growth than Brazil thanks to its early specialization in more complex, technology-intensive goods. 2019-08-20T16:32:03Z 2019-08-20T16:32:03Z 2019-04-15 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/44721 LC/PUB.2019/6-P 10 en CEPAL Review CEPAL Review 127 .pdf application/pdf 1960 BRASIL REPUBLICA DE COREA BRAZIL REPUBLIC OF KOREA 2000
institution Cepal
collection Cepal
language English
topic DESARROLLO ECONOMICO
MODELOS DE DESARROLLO
ANALISIS COMPARATIVO
PRODUCTIVIDAD
DIVERSIFICACION DE LA PRODUCCION
INDICADORES ECONOMICOS
ECONOMIC DEVELOPMENT
DEVELOPMENT MODELS
COMPARATIVE ANALYSIS
PRODUCTIVITY
PRODUCTION DIVERSIFICATION
ECONOMIC INDICATORS
spellingShingle DESARROLLO ECONOMICO
MODELOS DE DESARROLLO
ANALISIS COMPARATIVO
PRODUCTIVIDAD
DIVERSIFICACION DE LA PRODUCCION
INDICADORES ECONOMICOS
ECONOMIC DEVELOPMENT
DEVELOPMENT MODELS
COMPARATIVE ANALYSIS
PRODUCTIVITY
PRODUCTION DIVERSIFICATION
ECONOMIC INDICATORS
Britto, Gustavo
Romero, João Prates
Freitas, Elton
Coelho, Clara
The great divide: economic complexity and development paths in Brazil and the Republic of Korea
description This paper uses the product space methodology to gain new perspectives on the relationship between economic complexity and economic development, illustrated by case studies of Brazil and the Republic of Korea. It takes import data as an indicator of revealed comparative disadvantage to highlight the relevance of the local market. Product space networks for each decade between 1960 and 2000 are then presented, revealing the significant changes in each country’s position in the international division of labour. Lastly, a structural development index is used to measure economic development in each country. The revealed comparative advantage and disadvantage indices indicate that while both countries had similar levels of per capita gross domestic product (GDP) in the early 1960s, the Republic of Korea saw faster growth than Brazil thanks to its early specialization in more complex, technology-intensive goods.
format Texto
author Britto, Gustavo
Romero, João Prates
Freitas, Elton
Coelho, Clara
author_facet Britto, Gustavo
Romero, João Prates
Freitas, Elton
Coelho, Clara
author_sort Britto, Gustavo
title The great divide: economic complexity and development paths in Brazil and the Republic of Korea
title_short The great divide: economic complexity and development paths in Brazil and the Republic of Korea
title_full The great divide: economic complexity and development paths in Brazil and the Republic of Korea
title_fullStr The great divide: economic complexity and development paths in Brazil and the Republic of Korea
title_full_unstemmed The great divide: economic complexity and development paths in Brazil and the Republic of Korea
title_sort great divide: economic complexity and development paths in brazil and the republic of korea
publishDate 2019
url http://hdl.handle.net/11362/44721
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