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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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 |
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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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