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Economic complexity, human capital and economic growth: empirical research based on cross-country panel data

机译:经济复杂性,人力资本与经济增长:基于跨国面板数据的实证研究

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摘要

Economic complexity reflects a country's production capabilities and plays an important role in economic growth. This article measures the economic complexity of 210 countries using the method of reflections, and investigates the impact of economic complexity and human capital on economic growth. The measurement results show that there are significant differences regarding the level of complexity among countries. High-income economies have higher complexity than low- and middle-income economies. The empirical findings demonstrate that economic complexity and different levels of human capital have positive effects on long- and short-term growth. A positive interaction effect on economic growth exists between economic complexity and human capital. In addition, secondary education as a proxy for human capital has a relatively greater positive direct effect and a much stronger interactive effect with complexity on economic growth. In addition, the magnitude of the interaction effect between economic complexity and human capital on long- and short-term growth increases as the revealed comparative advantage threshold grows.
机译:经济复杂性反映了一个国家的生产能力,并在经济增长中发挥着重要作用。本文采用反思的方法衡量了210个国家的经济复杂性,并研究了经济复杂性和人力资本对经济增长的影响。测量结果表明,各国之间的复杂程度存在显着差异。高收入经济体比中低收入经济体具有更高的复杂性。实证结果表明,经济复杂性和不同水平的人力资本对长期和短期增长具有积极影响。经济复杂性与人力资本之间存在着对经济增长的积极相互作用。此外,以中等教育代替人力资本具有较大的积极直接影响,并且互动作用更强,对经济增长具有复杂性。此外,随着揭示的比较优势阈值的提高,经济复杂性与人力资本之间对长期和短期增长的相互作用的影响程度也随之增加。

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