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The degree of economic development pattern of economy
Journal of Physics: Complexity Pub Date : 2024-04-15 , DOI: 10.1088/2632-072x/ad3261
Yuan-Yuan Guo , Xiao-Pu Han

In this article, we explore the concept and measurement of the degree of economic development pattern (DEDP) of economy, which refers to the extent to which the development of an economy can serve as a reference for other economies. Utilizing 76 macroeconomic indicators across 217 economies, the economic development paths in a standardized space of economy is compared to identify variations in DEDP through the regression analysis on the relationship between the similarity of development paths and the growth rate on gross domestic product (GDP) per capita. To measure DEDP of economy from different perspective, two types of metrics are constructed. One is the determination coefficient of regression analysis, which exhibits significant positive correlations with population size of economy, uncovering differences of development paths among economies of varying population sizes. The other type of metrics is based on the consistency on regression coefficients and effectively explains disparities among economies in the growth rate on GDP per capita, economic complexity index and economic fitness. These findings reveal the differences in development paths among different countries from the perspective of referentiality for development patterns, suggesting the potential existence of the paths with more universal meaning to economic development.

中文翻译:

经济发展模式的程度

本文探讨经济发展模式程度(DEDP)的概念和测量,指一个经济体的发展可以为其他经济体提供借鉴的程度。利用217个经济体的76个宏观经济指标,对标准化经济空间内的经济发展路径进行比较,通过发展路径相似性与人均国内生产总值(GDP)增长率之间的关系进行回归分析,识别DEDP的变化。资本。为了从不同角度衡量经济的DEDP,构建了两种类型的指标。一是回归分析的决定系数,与经济体人口规模呈显着正相关,揭示了不同人口规模经济体发展路径的差异。另一类指标基于回归系数的一致性,有效地解释了经济体在人均GDP增长率、经济复杂性指数和经济适应性方面的差异。这些发现从发展模式借鉴的角度揭示了不同国家发展道路的差异,提示潜在存在对经济发展具有更普遍意义的道路。
更新日期:2024-04-15
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