The great divide: economic complexity and development paths in Brazil and South Korea

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dc.creatorGustavo de Britto Rocha
dc.creatorJoão P. Romero
dc.creatorElton Freitas
dc.creatorClara Coelho
dc.date.accessioned2024-09-06T18:14:33Z
dc.date.accessioned2025-09-09T00:59:25Z
dc.date.available2024-09-06T18:14:33Z
dc.date.issued2016
dc.description.sponsorshipCNPq - Conselho Nacional de Desenvolvimento Científico e Tecnológico
dc.description.sponsorshipFAPEMIG - Fundação de Amparo à Pesquisa do Estado de Minas Gerais
dc.description.sponsorshipCAPES - Coordenação de Aperfeiçoamento de Pessoal de Nível Superior
dc.format.mimetypepdf
dc.identifier.issn23577592
dc.identifier.urihttps://hdl.handle.net/1843/75995
dc.languageeng
dc.publisherUniversidade Federal de Minas Gerais
dc.relation.ispartofEncontro da Nacional de Economia Industrial e Inovação
dc.rightsAcesso Aberto
dc.subjectEconomia
dc.subjectDesenvolvimento econômico
dc.subject.otherStructural change
dc.subject.otherEconomic development
dc.subject.otherEconomic complexity
dc.titleThe great divide: economic complexity and development paths in Brazil and South Korea
dc.typeArtigo de evento
local.citation.issue1
local.description.resumoThis paper expands the product space methodology to analyse the relationship between structural change, economic complexity and distinct paths of economic development. To do so, it presents product space networks for each decade since the 1960’s and analyses revealed comparative (dis)advantages indictors for Brazil and South Korea from the 1960s to 2000s. The exercise renders two main findings. First, it shows significant changes of the international division of labour and trade as well as each of the countries’ trade evolution in terms of comparative advantages in products classified by technological-intensity. Secondly, the indexes of revealed comparative advantage and disadvantage to analyse economies’ diversification, bottlenecks, and complexity show that although having similar initial per capita GDPs, South Korea achieved faster growth than Brazil by specialising early on higher complexity, technology-intensive goods and services. This shows that growth and development is highly path dependent and contingent on production complexity.
local.publisher.countryBrasil
local.publisher.departmentFCE - DEPARTAMENTO DE CIÊNCIAS ECONÔMICAS
local.publisher.initialsUFMG
local.url.externahttps://www.proceedings.blucher.com.br/article-list/1enei-279/list/development#articles

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