Friday, 17 February 2017

'Complexity' of exports is a good predictor of income inequality

(Massachusetts Institute of Technology) A new paper by Professor César Hidalgo and his colleagues, appearing in the journal World Development, argues that everything else being equal, the complexity of a country's exports also correlates with its degree of economic equality: The more complex a country's products, the greater equality it enjoys relative to similar-sized countries with similar-sized economies.

from EurekAlert! - Social and Behavioral Science http://ift.tt/2l1zHve

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