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dc.contributor.authorHidalgo, Cesar A.
dc.contributor.authorHausmann, Ricardo
dc.date.accessioned2013-08-14T13:29:08Z
dc.date.available2013-08-14T13:29:08Z
dc.date.issued2011-12
dc.identifier.issn1381-4338
dc.identifier.issn1573-7020
dc.identifier.urihttp://hdl.handle.net/1721.1/79849
dc.description.abstractMuch of the analysis of economic growth has focused on the study of aggregate output. Here, we deviate from this tradition and look instead at the structure of output embodied in the network connecting countries to the products that they export. We characterize this network using four structural features: the negative relationship between the diversification of a country and the average ubiquity of its exports, and the non-normal distributions for product ubiquity, country diversification and product co-export. We model the structure of the network by assuming that products require a large number of non-tradable inputs, or capabilities, and that countries differ in the completeness of the set of capabilities they have. We solve the model assuming that the probability that a country has a capability and that a product requires a capability are constant and calibrate it to the data to find that it accounts well for all of the network features except for the heterogeneity in the distribution of country diversification. In the light of the model, this is evidence of a large heterogeneity in the distribution of capabilities across countries. Finally, we show that the model implies that the increase in diversification that is expected from the accumulation of a small number of capabilities is small for countries that have a few of them and large for those with many. This implies that the forces that help drive divergence in product diversity increase with the complexity of the global economy when capabilities travel poorly.en_US
dc.language.isoen_US
dc.publisherSpringer-Verlagen_US
dc.relation.isversionofhttp://dx.doi.org/10.1007/s10887-011-9071-4en_US
dc.rightsCreative Commons Attribution-Noncommercial-Share Alike 3.0en_US
dc.rights.urihttp://creativecommons.org/licenses/by-nc-sa/3.0/en_US
dc.sourcearXiven_US
dc.titleThe Network Structure of Economic Outputen_US
dc.typeArticleen_US
dc.identifier.citationHausmann, Ricardo, and César A. Hidalgo. “The Network Structure of Economic Output.” Journal of Economic Growth 16.4 (2011): 309–342.en_US
dc.contributor.departmentMassachusetts Institute of Technology. Media Laboratoryen_US
dc.contributor.departmentProgram in Media Arts and Sciences (Massachusetts Institute of Technology)en_US
dc.contributor.mitauthorHidalgo, Cesar A.en_US
dc.relation.journalJournal of Economic Growthen_US
dc.eprint.versionAuthor's final manuscripten_US
dc.type.urihttp://purl.org/eprint/type/JournalArticleen_US
eprint.statushttp://purl.org/eprint/status/PeerRevieweden_US
dspace.orderedauthorsHausmann, Ricardo; Hidalgo, César A.en_US
dc.identifier.orcidhttps://orcid.org/0000-0002-6031-5982
mit.licenseOPEN_ACCESS_POLICYen_US


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