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Economic Complexity and Industrial Upgrading in the Product Space Network

Author

Listed:
  • Yihan Wang

    (Métis Lab EM Normandie - EM Normandie - École de Management de Normandie)

  • Ekaterina Turkina

    (HEC Montréal - HEC Montréal)

Abstract

This paper studies a city-region's multi-level competitiveness based on the configurations of local product space network and agglomeration of Revealed Competitive Advantage (RCA) sectors. We undertake a mandate studying the economic complexity of the City of Laval and explore the opportunities of industrial upgrading in its product space network. Addressing the importance of subnational analysis of economic complexity, we find the divergence of a city-region's RCA sectors at regional, national and global levels. We also imply the contribution of the structural holes of a city-region's product space network across RCA sectors as potential fields to attract FDI inflow and enhance economic growth. Then, we discover the correlated spatial agglomeration of RCA and structural hole sectors within a city-region's hierarchical ecosystem. Finally, we conclude the practical implications for policy makers and discusses future research directions.

Suggested Citation

  • Yihan Wang & Ekaterina Turkina, 2020. "Economic Complexity and Industrial Upgrading in the Product Space Network," Post-Print hal-03072120, HAL.
    • Handle: RePEc:hal:journl:hal-03072120
    as

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    Cited by:

    1. C'esar A. Hidalgo, 2022. "The Policy Implications of Economic Complexity," Papers 2205.02164, arXiv.org, revised Aug 2023.

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