Sep 21, 2007

Articles in journals

Amaral, J.F., Dias, J., Lopes, J.

39

12

This paper proposes a new index of connectedness for an input-output system, which is considered useful for quantifying economic complexity as the level of interdependence between the component parts (sectors) of a national (or regional) economy. This index is empirically applied in a tentative answer to the following questions: should we expect to find a natural shift towards greater complexity as an economy grows and develops? Is a larger economy necessarily more complex than a smaller one? The inter-industry tables of several OECD countries provide the material support for making international and historical comparisons of economic complexity as a level of interrelatedness.

Economic complexity,Input-Output Analysis