The approach is valid at this level of aggregation if those capabilities that make one region more competitive than others are related to the superiority of its tacit knowledge, which is not easily transferred. This is so, regardless of the fact that within a country there is labor mobility and a relatively homogeneous institutional setting. The predictive capacity of this indicator becomes clear only when the metrics’ calculations are filtered by removing raw petroleum or oil-dependent states, while such capacity is robust to the inclusion of tourism-another important industry of the Mexican economy.Īlthough this methodology was initially elaborated for analyzing the fitness (competitiveness or economic complexity) of countries, it is also possible to carry out subnational studies to determine the competitiveness of the regional economies of a particular country. In the Mexican data, Endogenous Fitness is a reliable predictor of per capita GDP in two distinct areas of the plane: one of continuous progress and opportunities, and another of stagnation and deteriorating fitness. The performance criterion is established with the indicator’s capacity to meet a requirement of growth predictability: the existence of at least one laminar (ordered) regime in the fitness–income plane. We find that Endogenous Fitness (i.e., region fitness and product complexity are derived jointly using only a Mexican exports database) has a better performance than Exogenous Fitness (i.e., product complexity comes from a world exports database and fitness is the sum of the complexity scores for the region’s competitive products). In this paper, we compare two indexes of competitiveness (or accumulated capabilities) for a subnational database of 32 Mexican states in the period 2004–2014. In recent years, analytical tools of network theory have provided strong empirical support to the well-known hypothesis that regions develop through the local learning of capabilities (tacit productive knowledge).
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |