On measuring complexity in a post-industrial economy: the ecosystem’s approach
Abstract
We propose the Modified Economic Complexity Index (MECI) as a possible refinement to two relevant complexity measures: the Economic Complexity index (ECI) and the Fitness and Complexity index (FCI). Both ECI and FCI are used for the evaluation of competitive advantages and growth potentials of countries. ECI and FCI assume bipartite country-network data, whereas MECI provides an ecosystem-based design using technology as a third dimension. We...
Paper Details
Title
On measuring complexity in a post-industrial economy: the ecosystem’s approach
Published Date
Feb 11, 2019
Journal
Volume
54
Issue
1
Pages
197 - 212
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