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FrancoAngeli Journals

Articles

N. 1 (2020)

Quanto è “complessa” la crescita? Un’analisi panel in 27 paesi Europei

DOI
https://doi.org/10.3280/cgrds1-2020oa10104
Inviata
30 giugno 2020
Pubblicato
25-11-2020

Abstract

Il presente lavoro mira a costruire un ponte tra la letteratura sulla complessità economica e i modelli teorici della crescita endogena. I modelli tradizionali di crescita, infatti, sembrano sottostimare l’impatto generato dalle interazioni sistemiche dei diversi fattori di crescita. Per colmare tale gap, si adatta il modello di Mankiw et al. (1992) al fine di poter includere una misura di complessità economica (i.e., Economic Complexity Index - ECI). L’analisi empirica è riferita ad un panel (2007-2018) di 27 paesi dell’area europea. Con il ricorso ad un approccio tradizionale (panel a effetti fissi e random), dinamico auto-regressivo (system-GMM) e semi-parametrico ad effetti fissi, l’analisi condotta evidenzia che il livello di complessità dei sistemi economici incide significativamente sui livelli di crescita economica e che la relazione funzionale è di tipo non lineare

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