INVESTIGATION OF THE RELATIONSHIP BETWEEN ECONOMIC COMPLEXITY LEVEL AND HUMAN DEVELOPMENT LEVEL: COMPARISON OF DEVELOPED AND DEVELOPING COUNTRIES

Semanur SOYYİGİT; Ercan EREN; Elife AKİS

doi:https://doi.org/10.17261/Pressacademia.2019.1129

Article Details

INVESTIGATION OF THE RELATIONSHIP BETWEEN ECONOMIC COMPLEXITY LEVEL AND HUMAN DEVELOPMENT LEVEL: COMPARISON OF DEVELOPED AND DEVELOPING COUNTRIES

Authors:

Semanur SOYYİGİT | Ercan EREN | Elife AKİS

Publisher:

PressAcademia

Main Topics:

Management

Journal:

Journal of Management Marketing and Logistics 2019 Vol.6 Issue 3, pp.162-174

Document Type:

Article

Publication Date:

9/2019

Document Language:

English

Document ID (Org No.):

2000742191

Frequency:

Quarterly

eISSN:

2148-6670

DOI:

https://doi.org/10.17261/Pressacademia.2019.1129

Abstract:

 


Purpose- The purpose of this study is to examine whether there is a difference between developed and developing countries in terms of the relationship between economic complexity level and human development level. Examining whether there is a long-term relationship between these two variables constitutes the main motivation of the study.

Methodology- In the present study, Bai and Carrion-I-Silvestre cointegration test has been applied to the data for G20 countries within the period from 1992 to 2017.

Findings- For all countries except the US, HDI has an impact on the ECI. The impact of HDI on ECI is negative in Germany, France, United Kingdom, Italy and Japan while it is positive in other countries. According to these results; in developed countries except Canada and Australia, human development has a negative impact on economic complexity level.

Conclusion- Results mean that improvements in indicators such as education, health, etc. in developing G20 countries develop human development level, and this development increases the sophistication of the economy; the quality of the products produced and exported by countries is developing to reflect the ability to use more complex knowledge together.

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Article Details

INVESTIGATION OF THE RELATIONSHIP BETWEEN ECONOMIC COMPLEXITY LEVEL AND HUMAN DEVELOPMENT LEVEL: COMPARISON OF DEVELOPED AND DEVELOPING COUNTRIES

Authors: Semanur SOYYİGİT | Ercan EREN | Elife AKİS

Publisher: PressAcademia

Main Topics: Management

Journal: Journal of Management Marketing and Logistics 2019 Vol.6 Issue 3, pp.162-174

Document Type: Article

Publication Date: 9/2019

Document Language: English

Document ID (Org No.): 2000742191

Frequency: Quarterly

eISSN: 2148-6670

DOI: https://doi.org/10.17261/Pressacademia.2019.1129

Issues

Authors:

Semanur SOYYİGİT | Ercan EREN | Elife AKİS

Publisher:

PressAcademia

Main Topics:

Management

Journal:

Journal of Management Marketing and Logistics 2019 Vol.6 Issue 3, pp.162-174

Document Type:

Article

Publication Date:

9/2019

Document Language:

English

Document ID (Org No.):

2000742191

Frequency:

Quarterly

eISSN:

2148-6670

DOI:

https://doi.org/10.17261/Pressacademia.2019.1129