Economic Complexity Determinants Insights from Sub-Saharan Countries

Thumbnail Image

Date

2025-04-10

Journal Title

Journal ISSN

Volume Title

Type

Article

Publisher

Economic Laboratory for Transition Research

Series Info

Montenegrin Journal of Economics ; Volume 21, Issue 2, Pages 163 - 174 , 2025

Doi

Abstract

The economic complexity is one of the most recent indicators that reflect how trade and changes in exports structure can affect economics. Therefore this study aims at assess the main determinants in economic complexity in the lower income countries in sub-Saharan Africa (SSA). This study depends on the data available on the World Bank and UNCTAD since 1994 till 2017 in selected 13 countries. This paper uses LM unit root test besides the fixed effect, and random effects. The findings show that schooling, NRR and schooling enrollment affect the economic complexity in these countries. Therefore policy makers have to give more attention to diversify the exports and not depend on the primary goods only. On the other hand, these revenues from the exports and FDI have to be directed to poverty eradication. © 2025, Economic Laboratory for Transition Research. All rights reserved.

Description

SJR 2024 0.269 Q3 H-Index 24

Keywords

economic complexity, fixed effect, random effect, Sub-Saharan countries

Citation