The Incidence of Culture, Governance, and Economics on the Countries’ Development through an Analysis of Coupled Networks
This paper introduces an innovative methodology that combines industry level information (exports, HA 4-digits) with indicators at the country level, to analyze which social capabilities are important to explain the observed patterns of structural transformation. The authors consider several indicators to characterize three dimensions: cultural, governance, and economic, plus only one indicator (polity) for a political dimension. Through the use of the product space, a measure of density that identifies the proximity of non-developed products to the countries’ export profile, and a system of coupled networks where densities are adjusted in terms of social affinities, the authors find the following main results: (i) countries can be competitive in certain industries even if they do not have a high value in some of these indicators; (ii) the governance dimension is closely related on how the countries’ export profiles are positioned in the product space; and (iii) all of these dimensions, but not all the indicators, help explain the observed process of structural transformation and the widening of the gap between poor and rich countries.
| Main Authors: | , |
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| Format: | Working Paper biblioteca |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2016-03-30
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| Subjects: | culture, governance, economic policy, structural transformation, export competitiveness, political economy, |
| Online Access: | http://documents.worldbank.org/curated/en/618201487589776878/World-development-report-2017-the-incidence-of-culture-governance-and-economics-on-the-countries-development-through-an-analysis-of-coupled-networks https://hdl.handle.net/10986/26192 |
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