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2014

On the convergence of the Fitness-Complexity Algorithm

Pugliese, Emanuele, Zaccaria, Andrea, Pietronero, Luciano

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We investigate the convergence properties of an algorithm which has been recently proposed to measure the competitiveness of countries and the quality of their exported products.

These quantities are called respectively Fitness F and Complexity Q.
The algorithm was originally based on the adjacency matrix M of the bipartite network connecting countries with the products they export, but can be applied to any bipartite network.
The structure of the adjacency matrix turns to be essential to determine which countries and products converge to non zero values of F and Q.

On the convergence of the Fitness-Complexity Algorithm · Around

Built on

Trade liberalisation and “revealed” comparative advantage
Balassa, B. (1965) · 1965
Earlier work this paper cites.
World trade flows: 1962-2000
Feenstra, R.C., Lipsey, R.E., Deng, H., Ma, A.C., and Mo, H. (2005) · 2000
Earlier work this paper cites.
Economic Growth
Barro, R. J. and Sala-i Martin, X. (2004) · 2004
Earlier work this paper cites.

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Ricardo, D. (1817)
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Then

A new metrics for countries’ fitness and products’ complexity
Tacchella, A., Cristelli, M., Caldarelli, G., Gabrielli, A., and Pietronero, L. (2012) · 2012
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Measuring the intangibles: A metrics for the economic complexity of countries and products
Cristelli, M., Gabrielli, A., Tacchella, A., Caldarelli, G., and Pietronero, L. (2013) · 2013
Later among the works it cites.

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