Economic complexity theory and applications
Résumé
Economic complexity methods have become popular tools in economic geography,
international development and innovation studies. Here, I review economic complexity theory
and applications, with a particular focus on two streams of literature: the literature on relatedness,
which focuses on the evolution of specialization patterns, and the literature on metrics of economic
complexity, which uses dimensionality reduction techniques to create metrics of economic
sophistication that are predictive of variations in income, economic growth, emissions and
income inequality