Does Increasing Product Complexity and Diversity Cause Economic Growth in the Long-Run? A GMM Panel VAR Evidence
Using aggregate data from 31 Organization for Economic Co-operation and Development (OECD) countries covering periods from 1982 to 2017, this study examines the notion that the level of product complexity is a good determinant of economic growth in the long run. We use the impulse-response function...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
SAGE Publishing
2021-08-01
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Series: | SAGE Open |
Online Access: | https://doi.org/10.1177/21582440211032918 |