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Describing Costa Rica’s Economic Network

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  • González-Gamboa, Vladimir
  • Durán-Monge, Esteban

Abstract

This study establishes the foundation for viewing the Costa Rican economy as a complex system and provide policymakers with a robust analytical framework to enhance economic performance. To tackle the initial challenge of understanding the economy as an interconnected structure, we analyze the economic relationships among the products within Costa Rica's Input-Output Matrix. Through this analysis, we identify the best positioned actors, both individually and as part of network subgroups. Understanding the positioning of these actors within the network is crucial to comprehend how their roles can be improved by accessing different network regions and establishing relations with other actors. Our findings reveal the existence of actors that have access to different regions within the network, allowing them to serve as bridges between economic sectors. Consequently, strengthening these well-positioned actors through targeted policies can yield simultaneous benefits for both network subgroups and the overall economy.

Suggested Citation

  • González-Gamboa, Vladimir & Durán-Monge, Esteban, 2024. "Describing Costa Rica’s Economic Network," Revista de Ciencias Económicas, Instituto de Investigaciones en Ciencias Económicas, Universidad de Costa Rica, vol. 42(2), December.
    • Handle: RePEc:rce:rvceco:55858
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    References listed on IDEAS

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    1. Ana Salome Garcia Muniz & Antonio Morillas Raya & Carmen Ramos Carvajal, 2008. "Key Sectors: A New Proposal from Network Theory," Regional Studies, Taylor & Francis Journals, vol. 42(7), pages 1013-1030.
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