A job-based assessment of economic complexity: from hidden to revealed
Fuente:
arXiv
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| Autori principali: | , , |
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| Natura: | Preprint |
| Pubblicazione: |
2025
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| _version_ | 1866911045297111040 |
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| author | Russo, Antonio Scaramozzino, Pasquale Zaccaria, Andrea |
| author_facet | Russo, Antonio Scaramozzino, Pasquale Zaccaria, Andrea |
| contents | Economic complexity measures aim to quantify the capability content or endowment of industries and territories; however, capabilities are not observable, and therefore cannot be directly used in the computations. We estimate such endowments by quantifying the quality and diversity of the skills in the occupations required in specific industries. We refer to this job-based assessment as the hidden complexity, in contrast with the usual revealed complexity, which is computed from economic outputs such as exports or production. We show that our job-based measure of complexity is positively associated to wage levels and labor productivity growth, whereas the classic revealed measure is not. Finally, we discuss the application of these methods at the territorial level, showing their connection with economic growth. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2507_05846 |
| institution | arXiv |
| publishDate | 2025 |
| record_format | arxiv |
| spellingShingle | A job-based assessment of economic complexity: from hidden to revealed Russo, Antonio Scaramozzino, Pasquale Zaccaria, Andrea General Economics Economics Physics and Society Economic complexity measures aim to quantify the capability content or endowment of industries and territories; however, capabilities are not observable, and therefore cannot be directly used in the computations. We estimate such endowments by quantifying the quality and diversity of the skills in the occupations required in specific industries. We refer to this job-based assessment as the hidden complexity, in contrast with the usual revealed complexity, which is computed from economic outputs such as exports or production. We show that our job-based measure of complexity is positively associated to wage levels and labor productivity growth, whereas the classic revealed measure is not. Finally, we discuss the application of these methods at the territorial level, showing their connection with economic growth. |
| title | A job-based assessment of economic complexity: from hidden to revealed |
| topic | General Economics Economics Physics and Society |
| url | https://arxiv.org/abs/2507.05846 |