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Economic Complexity: Correlations between Gross Domestic Product and Fitness
Gianni Valerio Vinci1, Roberto Benzi1
1Dipartimento di Fisica, University di Roma "Tor Vergata", 00133 Roma, Italy.
Abstract:
In this paper we study the causal relation between country Economic Fitness F c and its Gross Domestic Product per capita ( G D P ). Using the Takens' theorem, as first suggested in (Sugihara, G. et al. 2012), we show that there exists a reasonable evidence of causal correlation between G D P and F c for relatively rich countries. This is not the case for relatively poor countries where F c and G D P do not show any significant causal relation. We also present some preliminary results to understand whether G D P or F c are driving factor for economic growth.
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