Quantifying Technological Sophistication
Technological sophistication drives economic growth and diversification. We develop methods to quantify the degree of sophistication of entire industries and to understand how various inputs come together in a production process to generate novel outputs. Our tools build on recent advances in information theory and machine learning, and provide policymakers with insights to make strategic decisions when promoting investments in specific industries.
- Rajpal, H., & Guerrero, O. A. (2023). Quantifying the Technological Foundations of Economic Complexity arXiv preprint arXiv:2301.04579 Paper
Online repository (upcoming)