Cicerone, G., McCann, P. and Venhorst, V.A. (2020) Promoting regional growth and innovation: relatedness, revealed comparative advantage and the product space. Journal of Economic Geography, 20 (1). pp. 293-316. ISSN 1468-2702
Abstract
We adapt the product-space approach of Hausmann–Hidalgo et al. to the case of Italian provinces, examining the extent to which network connectedness and centrality of a province’s exports is related to its economic performance. We construct a new Product Space Position (PSP) index which retains many of the Hausmann–Hidalgo et al. features but which is also much better suited to handling regional and provincial data. The PSP index is found to outperform other indices. Our comparison throws light on fundamental aspects of network-cognitive-distance-trade arguments. A better positioning in the export-network product space is indeed associated with better local economic outcomes.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © The Author (2019). Published by Oxford University Press. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted reuse, distribution, and reproduction in any medium, provided the original work is properly cited. |
Keywords: | Relatedness; revealed comparative advantage; product space; regional development |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Management School (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 25 Jun 2019 13:53 |
Last Modified: | 07 Dec 2021 11:59 |
Status: | Published |
Publisher: | Oxford University Press |
Refereed: | Yes |
Identification Number: | 10.1093/jeg/lbz001 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:147773 |