On the Emergence and Evolution of Economic Complexity

@inproceedings{Beaudreau2011OnTE,
  title={On the Emergence and Evolution of Economic Complexity},
  author={Bernard C. Beaudreau},
  year={2011}
}
  • Bernard C. Beaudreau
  • Published 2011
This paper examines the emergence and evolution of economic complexity, defined as large-scale specialization and exchange (LSSE), within the context of a simple coordination game in which communication and coordination costs (institutions) are modeled explicitly. The commonly held view that complexity in the form of LSSE (preand post-industrial society) emerged and evolved spontaneously (i.e. as a Nash outcome) is examined critically. Specifically, it is shown that spontaneous-occurring LSSE… CONTINUE READING

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