Nexus between Social Technology and Economic Complexity :A PVAR Approach

Economic complexity means the ability to produce a variety of products at the level of global competition. The importance of economic complexity in increasing the wealth and development of countries has been confirmed by studies and empirical evidence. The present study examines the relationship bet...

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Main Authors: Mani Motameni, Hoda Zobeiri
Format: Article
Language:fas
Published: Allameh Tabataba'i University Press 2022-06-01
Series:فصلنامه پژوهش‌های اقتصادی ایران
Subjects:
Online Access:https://ijer.atu.ac.ir/article_13973_9b482be8f2feff80d6ce6a7c93d197a6.pdf
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author Mani Motameni
Hoda Zobeiri
author_facet Mani Motameni
Hoda Zobeiri
author_sort Mani Motameni
collection DOAJ
description Economic complexity means the ability to produce a variety of products at the level of global competition. The importance of economic complexity in increasing the wealth and development of countries has been confirmed by studies and empirical evidence. The present study examines the relationship between social technologies (ST) and economic complexity among 137 countries from 1998 to 2019. Social technology (ST) refers to all the methods, designs, and elements necessary (including institutions, structures, maps, processes, and cultural norms) for organizing individuals to achieve a specific goal or goals. The health and maturity of social technologies make it possible for economies to produce complex goods by integrating large amounts of knowledge, skills, capacity, and experience into complex networks of interactions. To investigate the possibility of a simultaneous relationship between the two variables, the PVAR model was used. The results of this study confirm the existence of a simultaneous and two-way relationship between the rule of law and economic complexity.
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spelling doaj.art-e3423eafe13e48c2bbc3ade32497088d2024-01-02T10:30:23ZfasAllameh Tabataba'i University Pressفصلنامه پژوهش‌های اقتصادی ایران1726-07282476-64452022-06-01279122325510.22054/ijer.2022.61995.101013973Nexus between Social Technology and Economic Complexity :A PVAR ApproachMani Motameni0Hoda Zobeiri1Associate Professor of Economics, Department of Economic Sciences, Faculty of Economics and Administrative Sciences, University of Mazandaran, Babolsar, IranAssistant Professor of Economics, Department of Economic Sciences, Faculty of Economics and Administrative Sciences, University of Mazandaran, Babolsar, IranEconomic complexity means the ability to produce a variety of products at the level of global competition. The importance of economic complexity in increasing the wealth and development of countries has been confirmed by studies and empirical evidence. The present study examines the relationship between social technologies (ST) and economic complexity among 137 countries from 1998 to 2019. Social technology (ST) refers to all the methods, designs, and elements necessary (including institutions, structures, maps, processes, and cultural norms) for organizing individuals to achieve a specific goal or goals. The health and maturity of social technologies make it possible for economies to produce complex goods by integrating large amounts of knowledge, skills, capacity, and experience into complex networks of interactions. To investigate the possibility of a simultaneous relationship between the two variables, the PVAR model was used. The results of this study confirm the existence of a simultaneous and two-way relationship between the rule of law and economic complexity.https://ijer.atu.ac.ir/article_13973_9b482be8f2feff80d6ce6a7c93d197a6.pdfsocial technologyeconomic complexitycomplex networkrule of law
spellingShingle Mani Motameni
Hoda Zobeiri
Nexus between Social Technology and Economic Complexity :A PVAR Approach
فصلنامه پژوهش‌های اقتصادی ایران
social technology
economic complexity
complex network
rule of law
title Nexus between Social Technology and Economic Complexity :A PVAR Approach
title_full Nexus between Social Technology and Economic Complexity :A PVAR Approach
title_fullStr Nexus between Social Technology and Economic Complexity :A PVAR Approach
title_full_unstemmed Nexus between Social Technology and Economic Complexity :A PVAR Approach
title_short Nexus between Social Technology and Economic Complexity :A PVAR Approach
title_sort nexus between social technology and economic complexity a pvar approach
topic social technology
economic complexity
complex network
rule of law
url https://ijer.atu.ac.ir/article_13973_9b482be8f2feff80d6ce6a7c93d197a6.pdf
work_keys_str_mv AT manimotameni nexusbetweensocialtechnologyandeconomiccomplexityapvarapproach
AT hodazobeiri nexusbetweensocialtechnologyandeconomiccomplexityapvarapproach