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Economic Complexity and Regional Growth Performance, Evidence From the Mexican Economy

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Listed:
  • Gómez Zaldívar Manuel de Jesús
  • Chávez Juan Carlos
  • Mosqueda Chávez Marco Tulio

Abstract

In this study we use data on the productive structure of Mexican states to compute a measure of economic complexity for each, as well as for each economic activity conducted there. The results show that the states differ in terms of the economic activities in which they specialize and, therefore, also in terms of their economic complexity. As previous studies have shown, at an international level, there is evidence to affirm that the measure of economic complexity is relevant in explaining the observed economic disparities, since it is positively related to both the levels of wealth and the growth rates of the states.

Suggested Citation

  • Gómez Zaldívar Manuel de Jesús & Chávez Juan Carlos & Mosqueda Chávez Marco Tulio, 2016. "Economic Complexity and Regional Growth Performance, Evidence From the Mexican Economy," Working Papers 2016-17, Banco de México.
    • Handle: RePEc:bdm:wpaper:2016-17
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    File URL: https://www.banxico.org.mx/publicaciones-y-prensa/documentos-de-investigacion-del-banco-de-mexico/%7B1376F538-1359-52A0-4004-F54E245D1764%7D.pdf
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    References listed on IDEAS

    as
    1. Cesar A. Hidalgo & Ricardo Hausmann, 2009. "The Building Blocks of Economic Complexity," Papers 0909.3890, arXiv.org.
    2. Guzmán Ourens, 2012. "Can the Method of Re?ections help predict future growth?," Documentos de Trabajo (working papers) 1712, Department of Economics - dECON.
    3. Tacchella, A. & Cristelli, M. & Caldarelli, G. & Gabrielli, A. & Pietronero, L., 2013. "Economic complexity: Conceptual grounding of a new metrics for global competitiveness," Journal of Economic Dynamics and Control, Elsevier, vol. 37(8), pages 1683-1691.
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    More about this item

    Keywords

    Diversity; Ubiquity; Complexity; Economic Growth;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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