Economic Complexity and Industrial Upgrading in the Product Space Network - Opportunities for the City of Laval, Canada

Yihan Wang (1, 2) , Ekaterina Turkina (1)

1 HEC Montréal - HEC Montréal
2 Métis Lab EM Normandie

This paper studies a city-region's multi-level competitiveness based on the configurations of local product space network and agglomeration of Revealed Competitive Advantage (RCA) sectors. We undertake a mandate studying the economic complexity of the City of Laval and explore the opportunities of industrial upgrading in its product space network. Addressing the importance of subnational analysis of economic complexity, we find the divergence of a city-region's RCA sectors at regional, national and global levels. We also imply the contribution of the structural holes of a cityregion's product space network across RCA sectors as potential fields to attract FDI inflow and enhance economic growth. Then, we discover the correlated spatial agglomeration of RCA and structural hole sectors within a city-region's hierarchical ecosystem. Finally, we conclude the practical implications for policy makers and discusses future research directions.

Domaines: Gestion et management; Economies et finances

Yihan Wang, Ekaterina Turkina. Economic Complexity and Industrial Upgrading in the Product Space Network - Opportunities for the City of Laval, Canada. Rethinking Cluster 2020 Conference, Nov 2020, Valencia, Spain. ⟨hal-03206772⟩