Economic complexity theory and applications

  title={Economic complexity theory and applications},
  author={C{\'e}sar A. Hidalgo},
  journal={Nature Reviews Physics},
  pages={92 - 113}
Economic complexity methods have become popular tools in economic geography, international development and innovation studies. Here, I review economic complexity theory and applications, with a particular focus on two streams of literature: the literature on relatedness, which focuses on the evolution of specialization patterns, and the literature on metrics of economic complexity, which uses dimensionality reduction techniques to create metrics of economic sophistication that are predictive of… 

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