Excerpt
Excerpt
A Network View of Economic Development. Ricardo Hausmann, 2008, Paper. "This paper discusses whether the type of product a country produces and exports matter for subsequent economic performance by applying a network view of economic development. The authors argue for a network view to describe product relatedness and illuminate various aspects of such development. Their main goal is to develop a more nuanced view of development, concentrating on understanding how nations develop different industries and products, rather than trying to predict how they accumulate capital." Link