Sophisticated jobs matter for economic developmentan empirical analysis based on input-output matrices and economic complexity

Resumo

A wide range of economic development theoreticians have discussed the manufacturing sector’s properties as an engine for economic growth. More recently, the sophisticated services sector began to share similar characteristics with the industrial sector as a driver for economic growth, particularly as a locus of technological innovation. This paper considers the symbiotic relationship between these two sectors, and assesses their importance in the technological development of countries. More precisely, this study uses economic complexity analysis and input-output matrices to assess the importance of employment creation in advanced sectors for development of countries. Results show that in the long-run, economic development depends on the effort and the ability of countries to generate employment in advanced sectors.

Ficha do documento

Tipo

Estudo

Ano

2017

Instituição

Escola de Economia de São Paulo

Fonte

Repositório da FGV

Idioma

Inglês

Acesso

Acesso aberto

Identificador

oai:repositorio.fgv.br:10438/17792

Temas

EconomiaDesenvolvimento Econômico

Palavras-chave

ComplexityManufacturingSophisticated servicesEmploymentEconomic developmentEconomiaDesenvolvimento econômicoEmprego