Digitala Vetenskapliga Arkivet

Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Do Economic Growth & Complexity Measures Predict Each Other?: A panel VAR approach to examine the short-run bidirectional relationships between growth and complexity measures for OECD countries
Jönköping University, Jönköping International Business School.
Jönköping University, Jönköping International Business School.
2026 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

This thesis examines whether there is a bidirectional relationship between economic complexity and economic growth for 34 OECD countries using years between 1998–2024. The aim is to investigate whether there is any short-run predictiveness for economic complexity and economic growth. To estimate the bidirectional relationship, we have conducted a panel vector autoregressive framework estimated through the generalized method of moments (GMM) approach. This methodology allows both economic growth and complexity to be treated as endogenous variables while capturing dynamic interactions over time. The results present mixed evidence regarding the bidirectional relationship between trade, technology, and research complexity and economic growth. Growth had a significant positive effect in predicting future trade complexity, while the reverse relationship was found to be insignificant. In contrast, technology complexity significantly predicted increases in short-run growth, whereas significant reversed relationships were insignificant. Research complexity also showed significant predictive effects on future short-run growth, while no significant reverse relationship was found. Overall, the findings suggest that trade, technology, and research complexity influence growth differently, as well as how growth influences the complexity measurements differently in short-run.

Place, publisher, year, edition, pages
2026. , p. 30
Keywords [en]
Economic complexity, Economic growth, Panel VAR, OECD, Bidirectional effect, Granger causality
National Category
Economics
Identifiers
URN: urn:nbn:se:hj:diva-73129OAI: oai:DiVA.org:hj-73129DiVA, id: diva2:2080863
Subject / course
JIBS, Economics
Supervisors
Examiners
Available from: 2026-06-29 Created: 2026-06-28 Last updated: 2026-06-29Bibliographically approved

Open Access in DiVA

fulltext(787 kB)24 downloads
File information
File name FULLTEXT01.pdfFile size 787 kBChecksum SHA-512
4aa70cfc183845607700e25e0af16d223f0f3b05fba2c329210c9f261d3c416eace819a71bd6bf59ce153fc00b0eada07a92d4abfc877cae30c06a219f31c9f1
Type fulltextMimetype application/pdf

By organisation
Jönköping International Business School
Economics

Search outside of DiVA

GoogleGoogle Scholar
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

urn-nbn

Altmetric score

urn-nbn
Total: 84 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf