The effect of knowledge based economic indicators on the countries' economic complexity

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Azimi Naser Ali

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Journal Paper

Paper Information

Journal: JOURNAL OF RESEARCH AND PLANNING IN HIGHER EDUCATION Year:2019 | Volume:24 | Issue:4 Page(s): 1-24

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Title

The effect of knowledge based economic indicators on the countries' economic complexity

Author(s)

Azimi Naser Ali | Issue Writer Certificate

Keywords

Knowledge based economyQ1

Economic complexityQ1

Panel dataQ1

Principal Component AnalysisQ1

Abstract

Countries’ economic growth and development are significantly dependent on their productive capacity. In this research, we aimed to investigate which components of a knowledge-based economy has a more meaningful role in the production capacity. In order to measure production capacity, we used one of the most up-to-date indexes, the Economic complexity index. The research used data panel consist of the 11-year period (2016-2006) for 113 countries. By using the Principal Components Analysis (PCA), the variables of the knowledge-based economy were converted into four main indicators. The results showed that there is a positive and significant relationship between the strengthening of all of the knowledge-based economy's dimensions with Economic complexity. The results showed that the most important and most influential variable on the Economic complexity is the education indicator. Afterwards, institutional and economic incentives, innovation system, and information and communication infrastructure have the highest direct effect, respectively.

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APA: Copy

Azimi, Naser Ali. (2019). The effect of knowledge based economic indicators on the countries' economic complexity. JOURNAL OF RESEARCH AND PLANNING IN HIGHER EDUCATION, 24(4 ), 1-24. SID. https://sid.ir/paper/67957/en

Vancouver: Copy

Azimi Naser Ali. The effect of knowledge based economic indicators on the countries' economic complexity. JOURNAL OF RESEARCH AND PLANNING IN HIGHER EDUCATION[Internet]. 2019;24(4 ):1-24. Available from: https://sid.ir/paper/67957/en

IEEE: Copy

Naser Ali Azimi, “The effect of knowledge based economic indicators on the countries' economic complexity,” JOURNAL OF RESEARCH AND PLANNING IN HIGHER EDUCATION, vol. 24, no. 4 , pp. 1–24, 2019, [Online]. Available: https://sid.ir/paper/67957/en

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