Smart diversification strategies differentiated by countries’ complexity

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cepal.bibLevelSección o Parte de un Documento
cepal.callNumberLC/PUB.2024/9-P
cepal.docTypeRevistas
cepal.jelCodeO10
cepal.jelCodeO11
cepal.jobNumber07lopes_REV-143E
cepal.physicalDescriptiongráficos, tablas.
cepal.regionalOfficeSantiago
cepal.sdg1
cepal.topicEngSTRUCTURAL CHANGE
cepal.topicEngECONOMIC GROWTH
cepal.topicEngPRODUCTIVITY
cepal.topicEngECONOMETRICS
cepal.topicSpaCAMBIO ESTRUCTURAL
cepal.topicSpaCRECIMIENTO ECONÓMICO
cepal.topicSpaPRODUCTIVIDAD
cepal.topicSpaECONOMETRÍA
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaSpaDESARROLLO ECONÓMICO
dc.contributor.authorLopes, Ciro de Moura
dc.contributor.authorRomero, João Prates
dc.contributor.authorFreitas, Elton
dc.date.accessioned2024-12-23T16:29:06Z
dc.date.available2024-12-23T16:29:06Z
dc.date.issued2024-08
dc.description.abstractThis paper evaluates production diversification trajectories and proposes an empirical rule for diversification in pursuit of increased economic complexity. It concludes that the growth gains from complexity are greatest in the early stages of economic development. Less complex countries, having limited productive capabilities, diversify into products that are relatively uncomplex and similar to their existing production structure, and this is an obstacle to economic growth. Countries of medium complexity are more willing to implement bold strategies, which makes them more competitive in more complex products. Principal component analysis was used to construct the diversification rule, which proved most accurate at formulating diversification strategies involving products similar to existing production structures. This result shows that production sophistication strategies are most useful when they take account of the productive limitations of economies.
dc.formatTexto
dc.format.extentpáginas 127-147
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/PUB.2024/9-P
dc.identifier.urihttps://hdl.handle.net/11362/81141
dc.language.isoeng
dc.publisherECLAC
dc.publisher.placeSantiago
dc.relation.isPartOfCEPAL Review
dc.relation.isPartOfNo143
dc.relation.isPartOfSeriesCEPAL Review
dc.relation.translationLanguagespa
dc.relation.translationRecordEstrategias de diversificación inteligente diferenciadas por el nivel de complejidad de los países
dc.relation.translationUrihttps://hdl.handle.net/11362/80849
dc.rights.coarDisponible
dc.subject.unbisEngECONOMIC DEVELOPMENT
dc.subject.unbisEngSTRUCTURAL ADJUSTMENT
dc.subject.unbisEngECONOMIC CONDITIONS
dc.subject.unbisEngPRODUCTIVITY
dc.subject.unbisEngPRODUCTION DIVERSIFICATION
dc.subject.unbisEngECONOMIC ANALYSIS
dc.subject.unbisEngECONOMETRIC MODELS
dc.subject.unbisSpaDESARROLLO ECONOMICO
dc.subject.unbisSpaAJUSTE ESTRUCTURAL
dc.subject.unbisSpaCONDICIONES ECONOMICAS
dc.subject.unbisSpaPRODUCTIVIDAD
dc.subject.unbisSpaDIVERSIFICACION DE LA PRODUCCION
dc.subject.unbisSpaANALISIS ECONOMICO
dc.subject.unbisSpaMODELOS ECONOMETRICOS
dc.titleSmart diversification strategies differentiated by countries’ complexity
dc.type.coarartículo
dspace.entity.typePublication
relation.isAuthorOfPublication6578d7f1-9d24-41c3-b469-f620a30b5b6d
relation.isAuthorOfPublication3747e2a0-b3f2-45e5-8631-4bdcfec6ee36
relation.isAuthorOfPublication47861710-db7c-43b6-8860-7b2052496825
relation.isAuthorOfPublication.latestForDiscovery6578d7f1-9d24-41c3-b469-f620a30b5b6d
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