HKS Affiliated Authors
Rafik Hariri Professor of the Practice of International Political Economy
Excerpt
Excerpt
The Dynamics of Nestedness Predicts the Evolution of Industrial Ecosystems. Ricardo Hausmann, November 19, 2011, Paper. "In economic systems, the mix of products that countries make or export has been shown to be a strong leading indicator of economic growth. Hence, methods to characterize and predict the structure of the network connecting countries to the products that they export are relevant for understanding the dynamics of economic development. Here we study the presence and absence of industries in international and domestic economies and show that these networks are significantly nested..."