Determinants of the international competitiveness of the Department of Magdalena Colombia: An approach based on the Theory of Economic Complexity.

This article presents a measurement of the effect that the Economic Complexity and the Product Complexity have on the export competitiveness of the department of Magdalena. The method used was an economic model of panel data in three dimensions. The results show that, the export competitiveness of t...

Descripción completa

Detalles Bibliográficos
Autores Principales: Sáenz-Zapata, José Alfonso, Lugo-Arias, Elkyn Rafael, Parada-Pérez, Jesús Alberto
Formato: Artículo (Article)
Lenguaje:Español (Spanish)
Publicado: Universidad Libre Sede Cartagena 2019
Materias:
id ir-10901-15614
recordtype dspace
institution Universidad Libre de Colombia
collection DSpace
language Español (Spanish)
topic complejidad económica
complejidad de producto
distancia
ubicuidad
diversidad
spellingShingle complejidad económica
complejidad de producto
distancia
ubicuidad
diversidad
Sáenz-Zapata, José Alfonso
Lugo-Arias, Elkyn Rafael
Parada-Pérez, Jesús Alberto
Determinants of the international competitiveness of the Department of Magdalena Colombia: An approach based on the Theory of Economic Complexity.
description This article presents a measurement of the effect that the Economic Complexity and the Product Complexity have on the export competitiveness of the department of Magdalena. The method used was an economic model of panel data in three dimensions. The results show that, the export competitiveness of the department become higher as the economic complexity is greater, this relationship is exponential. On the other hand, competitiveness increases when the product complexity is greater, a lower product complexity does not contribute much to competitiveness, it could even affect it negatively; on the other hand, a negative product complexity may increase competitiveness, but it is not advisable to bet on these products since the economic complexity of the territory is not increased. It is recommended to develop a policy of industrial and agroindustrial development, taking into account the closest and most sophisticated goods to the real product system of Magdalena.
format Artículo (Article)
author Sáenz-Zapata, José Alfonso
Lugo-Arias, Elkyn Rafael
Parada-Pérez, Jesús Alberto
author_facet Sáenz-Zapata, José Alfonso
Lugo-Arias, Elkyn Rafael
Parada-Pérez, Jesús Alberto
author_sort Sáenz-Zapata, José Alfonso
title Determinants of the international competitiveness of the Department of Magdalena Colombia: An approach based on the Theory of Economic Complexity.
title_short Determinants of the international competitiveness of the Department of Magdalena Colombia: An approach based on the Theory of Economic Complexity.
title_full Determinants of the international competitiveness of the Department of Magdalena Colombia: An approach based on the Theory of Economic Complexity.
title_fullStr Determinants of the international competitiveness of the Department of Magdalena Colombia: An approach based on the Theory of Economic Complexity.
title_full_unstemmed Determinants of the international competitiveness of the Department of Magdalena Colombia: An approach based on the Theory of Economic Complexity.
title_sort determinants of the international competitiveness of the department of magdalena colombia: an approach based on the theory of economic complexity.
publisher Universidad Libre Sede Cartagena
publishDate 2019
_version_ 1678817374021615616
spelling ir-10901-156142020-09-15T22:38:34Z Determinants of the international competitiveness of the Department of Magdalena Colombia: An approach based on the Theory of Economic Complexity. Determinantes de la competitividad internacional del Departamento del Magdalena Colombia: Un enfoque desde la Teoría de la Complejidad Económica. Sáenz-Zapata, José Alfonso Lugo-Arias, Elkyn Rafael Parada-Pérez, Jesús Alberto complejidad económica complejidad de producto distancia ubicuidad diversidad This article presents a measurement of the effect that the Economic Complexity and the Product Complexity have on the export competitiveness of the department of Magdalena. The method used was an economic model of panel data in three dimensions. The results show that, the export competitiveness of the department become higher as the economic complexity is greater, this relationship is exponential. On the other hand, competitiveness increases when the product complexity is greater, a lower product complexity does not contribute much to competitiveness, it could even affect it negatively; on the other hand, a negative product complexity may increase competitiveness, but it is not advisable to bet on these products since the economic complexity of the territory is not increased. It is recommended to develop a policy of industrial and agroindustrial development, taking into account the closest and most sophisticated goods to the real product system of Magdalena. Este artículo presenta una medición del efecto que tiene la Complejidad Económica y de Producto sobre la competitividad exportadora del departamento del Magdalena. El método empleado fue un modelo econométrico de datos de panel en tres dimensiones. Los resultados muestran que, la competitividad exportadora del departamento se hace más alta a medida que la complejidad económica es mayor y, esta relación es de tipo exponencial. Por otro lado, la competitividad se incrementa sustancialmente cuando la complejidad de producto es mayor, una complejidad de producto menor no aporta mucho a la competitividad, incluso, podría afectarla negativamente; por su parte, una complejidad de producto negativa puede aumentar la competitividad, pero no es aconsejable apostarle a estos productos ya que, no se aumentaría la complejidad económica del territorio. Se recomienda elaborar una política de desarrollo industrial y agroindustrial, teniendo en cuenta los bienes más cercanos y sofisticados al aparato productivo actual del Magdalena. 2019-05-23 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion empresa y sociedad https://revistas.unilibre.edu.co/index.php/saber/article/view/5235 10.18041/2382-3240/saber.2019v14n1.5235 spa https://revistas.unilibre.edu.co/index.php/saber/article/view/5235/4453 /*ref*/Arrow, K. J. (1962). The Economic Implications of Learning by Doing. The Review of Economic Studies, 29(3), 155–173. https://doi.org/10.2307/2295952 Balassa, B. (1965). Trade liberalisation and “revealed” comparative advantage. The Manchester School, 33(2), 99–123. Bancoldex. (2016). Perfiles departamentales: Magdalena. Retrieved from https://campusvirtual.bancoldex.com/mod/re¬source/view.php?id=1044 Barro, R. J., & Sala-i-Martin, X. (1995). Economic growth, advanced series in economics. New York, London and Mon¬treal: McGraw-Hill. Bielschowsky, R. (2006). Vigencia de los aportes de Celso Furtado al estructuralismo. Revista de La CEPAL. Bournakis, I. (2014). Costs, knowledge and market structure: understanding the puzzle of international competitiveness with Greek export data. International Review of Applied Economics, 28(2), 240–269. David Ricardo, D. (1817). The Principles of Political Economy and Taxation. London. Erkan, B., & Yildirimci, E. (2015). Economic Complexity and Export Competitiveness: The Case of Turkey. Procedia- Social and Behavioral Sciences, 195, 524–533. Ertan Özgüzer, G., & Oğuş-Binatlı, A. (2016). Economic convergence in the EU: A complexity approach. Eastern Euro¬pean Economics, 54(2), 93–108. Hausmann, R., & Hidalgo, C. (2010). Country diversification, product ubiquity, and economic divergence. Hausmann, R., Hidalgo, C. A., Bustos, S., Coscia, M., Simoes, A., & Yildirim, M. A. (2014). The atlas of economic com¬plexity: Mapping paths to prosperity. Mit Press. Hidalgo, C. A. (2009). The dynamics of economic complexity and the product space over a 42 year period. Center for In¬ternational Development at Harvard University. Hidalgo, C. A., Hausmann, R., & Dasgupta, P. S. (2009). The Building Blocks of Economic Complexity. Proceedings of the National Academy of Sciences of the United States of America, 106(26), 10570–10575. Retrieved from http://www. jstor.org/stable/40483593 Hidalgo, C., Klinger, B., Barabasi, A.-L., & Hausmann, R. (2007). The Product Space Conditions the Development of Nations. Science, 317(5837), 482–487. Retrieved from http://www.jstor.org/stable/20037448 Poncet, S., & de Waldemar, F. S. (2013). Complexité économique et croissance. Revue Économique, 64(3), 495–503. Smith, A. (1776). An Inquiry into the Nature and Causes of the Wealth of Nations (University Of Chicago Press). ISBN 0-226-76374-9. Solow, R. M. (1956). A contribution to the theory of economic growth. The Quarterly Journal of Economics, 70(1), 65–94. Swan, T. W. (1956). Economic growth and capital accumulation. Economic Record, 32(2), 334–361. Vargas, R., & Montes, G. (2017). DIVERSIFICACIÓN INTELIGENTE: Posibilidades para la sofisticación y diversifica¬ción de la industria de la Palma de Aceite en Colombia. Retrieved from https://campusvirtual.bancoldex.com/mod/ resource/view.php?id=1279 Zamora, V., & Adilene, C. (2016). Análisis de la complejidad económica de México basado en el espacio de industrias. Derechos de autor 2019 Saber, Ciencia y Libertad http://creativecommons.org/licenses/by-nc-sa/4.0 http://creativecommons.org/licenses/by-nc-nd/2.5/co/ Atribución-NoComercial-SinDerivadas 2.5 Colombia application/pdf Universidad Libre Sede Cartagena Saber, Ciencia y Libertad; Vol 14 No 1 (2019): Revista Saber, Ciencia y Libertad; 190-210 Saber, Ciencia y Libertad; Vol. 14 Núm. 1 (2019): Revista Saber, Ciencia y Libertad; 190-210 2382-3240 1794-7154
score 11,373924