Assessing Economic Complexity in some OECD countries with Input-Output Based Me...

• Autor(es): Lopes, João Carlos ; Dias, João ; Amaral, João Ferreira do
• Data: 2008
• Identificador Persistente: http://hdl.handle.net/10400.5/1367
• Origem: Repositório da UTL
• Assunto(s): input-output analysis; intersectoral connectedness; economic complexity
• Tipo de Documento: Documento de conferência
• Idioma: Inglês

Descrição

Economic complexity can be defined as the level of interdependence between the component parts of an economy. In input-output systems intersectoral connectedness is a crucial feature of analysis, and there are many different methods of measuring it. Most of the measures, however, have important drawbacks to be used as a good indicator of economic complexity, because they were not explicitly made with this purpose in mind. In this paper, we present, discuss and compare empirically different indexes of economic complexity as sectoral connectedness, using the inter-industry tables of several OECD countries.