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Subnational Analysis of Economic Fitness and Income Dynamic: The Case of Mexican States

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). In this paper, we compare two indexes of competitiveness (or accumulated capabilities)...

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Autores principales: Castañeda, Gonzalo, Romero-Padilla, Juan
Formato: Online Artículo Texto
Lenguaje:English
Publicado: MDPI 2018
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7512403/
https://www.ncbi.nlm.nih.gov/pubmed/33266565
http://dx.doi.org/10.3390/e20110841
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author Castañeda, Gonzalo
Romero-Padilla, Juan
author_facet Castañeda, Gonzalo
Romero-Padilla, Juan
author_sort Castañeda, Gonzalo
collection PubMed
description 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). 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. 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). 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. 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 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.
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spelling pubmed-75124032020-11-09 Subnational Analysis of Economic Fitness and Income Dynamic: The Case of Mexican States Castañeda, Gonzalo Romero-Padilla, Juan Entropy (Basel) Article 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). 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. 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). 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. 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 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. MDPI 2018-11-02 /pmc/articles/PMC7512403/ /pubmed/33266565 http://dx.doi.org/10.3390/e20110841 Text en © 2018 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (http://creativecommons.org/licenses/by/4.0/).
spellingShingle Article
Castañeda, Gonzalo
Romero-Padilla, Juan
Subnational Analysis of Economic Fitness and Income Dynamic: The Case of Mexican States
title Subnational Analysis of Economic Fitness and Income Dynamic: The Case of Mexican States
title_full Subnational Analysis of Economic Fitness and Income Dynamic: The Case of Mexican States
title_fullStr Subnational Analysis of Economic Fitness and Income Dynamic: The Case of Mexican States
title_full_unstemmed Subnational Analysis of Economic Fitness and Income Dynamic: The Case of Mexican States
title_short Subnational Analysis of Economic Fitness and Income Dynamic: The Case of Mexican States
title_sort subnational analysis of economic fitness and income dynamic: the case of mexican states
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7512403/
https://www.ncbi.nlm.nih.gov/pubmed/33266565
http://dx.doi.org/10.3390/e20110841
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