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Paper aims: Housing is pivotal in advancing the quality of life. This study investigates the impact of economic complexity on the housing deficit within the Brazilian states.Originality: Several studies have investigated the significance of social policies and economic growth as explanatory factors for housing deficits. Our study sheds light on the importance of economic structure in facilitating improved housing conditions for individuals. Research method:The Fixed Effects Driscoll Kraay (FE-DK) econometric model was employed, utilizing panel data encompassing 27 Brazilian federative units spanning 2009 to 2017. Main findings:The primary finding of this research elucidates the role of economic complexity as a determining factor that significantly impacts the housing deficit within Brazilian states. In other words, an enhanced economic structure contributes to improved housing conditions for the population and fosters a higher quality of life.Implications for theory and practice: Theoretically, this paper posits the existence of a novel determinant that elucidates the housing and housing deficit theory. Moreover, the study makes a substantive contribution by advocating for public policies to facilitate housing conditions and enhance social well-being within a developing country. It underscores the pivotal significance of the productive structure in driving the economic development of the nation.
Paper aims: Housing is pivotal in advancing the quality of life. This study investigates the impact of economic complexity on the housing deficit within the Brazilian states.Originality: Several studies have investigated the significance of social policies and economic growth as explanatory factors for housing deficits. Our study sheds light on the importance of economic structure in facilitating improved housing conditions for individuals. Research method:The Fixed Effects Driscoll Kraay (FE-DK) econometric model was employed, utilizing panel data encompassing 27 Brazilian federative units spanning 2009 to 2017. Main findings:The primary finding of this research elucidates the role of economic complexity as a determining factor that significantly impacts the housing deficit within Brazilian states. In other words, an enhanced economic structure contributes to improved housing conditions for the population and fosters a higher quality of life.Implications for theory and practice: Theoretically, this paper posits the existence of a novel determinant that elucidates the housing and housing deficit theory. Moreover, the study makes a substantive contribution by advocating for public policies to facilitate housing conditions and enhance social well-being within a developing country. It underscores the pivotal significance of the productive structure in driving the economic development of the nation.
Over the last two decades, Romania has undergone strong economic growth, catching up to advanced economies and producing one of the best economic performances in the world. Along with these positive changes, industrial product diversification has increased through expanded foreign economic relations, with all of these supporting the complexity of economic activities. Even though there is a world ranking of countries showing the highest level of economic complexity, there is no information about regional contributions to the overall score in Romania. This paper fills this gap by measuring the economic complexity of Romania’s subnational areas (counties) in the last ten years. To calculate the Economic Complexity Index (ECI) at a regional level, 615 economic activities (four-digit classes according to the NACE classification) were taken into consideration, grouped into 68 cluster categories. The results show that significant changes in economic complexity have mainly occurred in less developed areas, the upper- and middle-ranked counties’ positions being relatively stable. Furthermore, we examined the impact of complexity on growth and convergence, finding that the ECI index is a good predictor both for future economic growth as well as for the evolution of income inequalities.
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