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Strengthen Productivity and Effective Factors
On Economic Complexity; with Emphasis on Efficiency
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Nader Mehregan   , Mohsen Tartar , Razieh Davarikish * |
| Ph.D Student in Public economics, Faculty of Economics and Social Sciences, Bu-Ali Sina University, Hamadan, Iran , r.davarikish@gmail.com |
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Abstract: (1811 Views) |
| One of the most important macroeconomic goals of countries is to create the necessary conditions to promote continuous and stable economic growth, which economic complexity can be considered as one of the most important sectors to achieve this goal. Productivity is one of the main variables affecting economic complexity; therefore, strengthening it can increase economic complexity. To enhance productivity, efficiency components can be examined, the most important of which are increasing the quality of training, in-service training, effective use of talents, providing financial resources for the production of diverse and less inclusive goods, access to financial services, the availability of the latest technologies, the absorption of technology by companies, foreign direct investment and technology transfer. Strengthening these components leads to the acquisition of superior knowledge and technology and promotes economic complexity. Therefore, this study with emphasizing on efficiency; examines the impact of the components of strengthening productivity on the economic complexity of selected countries at the efficiency-driven stage and on the verge of entering the innovation phase during the 2006-2016 to use of method the Generalized Method of Moments (GMM) will pay. The results show that exchange rate variable, strengthening productivity and its components, basic requirements and innovation has a positive impact on economic complexity. |
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| Keywords: Economic Complexity, Strengthening productivity, Efficiency, Generalized Method of Moments (GMM) |
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Full-Text [PDF 891 kb]
(519 Downloads)
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Type of Study: Research |
Subject:
Special
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