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Economic Complexity and Quality of Life in Latin America and Asia between 2010 and 2014

Author

Listed:
  • Ferraz, Diogo
  • Moralles, Herick Fernando
  • Campoli, Jéssica
  • do Nascimento Rebelatto, Daisy Aparecida

Abstract

The objective of this article is to measure the efficiency of the Latin American and Asian countries in converting economic complexity into quality of life between 2010 and 2014. The method used was Data Envelopment Analysis (DEA). The results showed in 2014, all Asian countries were efficient except China and the Philippines. Cuba was the country that most served as benchmark for inefficient countries. The window analysis showed only Japan, South Korea and Singapore remained effective over time.

Suggested Citation

  • Ferraz, Diogo & Moralles, Herick Fernando & Campoli, Jéssica & do Nascimento Rebelatto, Daisy Aparecida, 2017. "Economic Complexity and Quality of Life in Latin America and Asia between 2010 and 2014," EconStor Conference Papers 171459, ZBW - Leibniz Information Centre for Economics.
    • Handle: RePEc:zbw:esconf:171459
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    References listed on IDEAS

    as
    1. Sen, Amartya, 2001. "Development as Freedom," OUP Catalogue, Oxford University Press, number 9780192893307.
    2. Hartmann, Dominik & Guevara, Miguel R. & Jara-Figueroa, Cristian & Aristarán, Manuel & Hidalgo, César A., 2017. "Linking Economic Complexity, Institutions, and Income Inequality," World Development, Elsevier, vol. 93(C), pages 75-93.
    3. Charnes, A. & Cooper, W. W. & Rhodes, E., 1978. "Measuring the efficiency of decision making units," European Journal of Operational Research, Elsevier, vol. 2(6), pages 429-444, November.
    4. Joe Zhu, 2014. "Data Envelopment Analysis," International Series in Operations Research & Management Science, in: Quantitative Models for Performance Evaluation and Benchmarking, edition 3, chapter 1, pages 1-9, Springer.
    5. Hausmann, Ricardo & Hidalgo, Cesar, 2014. "The Atlas of Economic Complexity: Mapping Paths to Prosperity," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262525429, April.
    6. Cesar A. Hidalgo & Ricardo Hausmann, 2009. "The Building Blocks of Economic Complexity," Papers 0909.3890, arXiv.org.
    7. Enzo Barberio Mariano & Daisy Aparecida do Nascimento Rebelatto, 2014. "Transformation of wealth produced into quality of life: analysis of the social efficiency of nation-states with the DEA’s triple index approach," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 65(11), pages 1664-1681, November.
    8. Cesar A. Hidalgo, 2012. "Discovering East Africa's Industrial Opportunities," Papers 1203.0163, arXiv.org.
    9. William W. Cooper & Lawrence M. Seiford & Kaoru Tone, 2007. "Data Envelopment Analysis," Springer Books, Springer, edition 0, number 978-0-387-45283-8, December.
    10. Mariano, Enzo Barberio & Sobreiro, Vinicius Amorim & Rebelatto, Daisy Aparecida do Nascimento, 2015. "Human development and data envelopment analysis: A structured literature review," Omega, Elsevier, vol. 54(C), pages 33-49.
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    More about this item

    Keywords

    Economic Complexity; Human Development; Data Envelopment Analysis; Latin America; Asia;
    All these keywords.

    JEL classification:

    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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