Advances in Management and Applied Economics

Research Progress and Hot-spot Analysis of The Economic Complexity Research Based on CiteSpace

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• Abstract

   

  Economic complexity has been one of the key topics in evolutionary economic geography recently. It focuses on the structural transformation of industries and endogenous growth paths contributes to the understanding of the process of structural transformation of regional economies and is important for the deepening of theories such as development economics. However, little attention is currently being paid to the quantitative description of the evolution of this rapidly developing field of study. Therefore, to reveal the development process, hot topics and evolutionary trends of economic complexity research, a bibliometric approach and the visual analysis software CiteSpace were implemented based on 403 literatures related to economic complexity in the Web of Science core database from 1998-2022. The results show that the overall trend of economic complexity is on the rise, with hot topics involving diversity, export complexity, ecology and environment, international trade and many other fields. At the same time, the overall distribution of authors is relatively fragmented, and there is less interdisciplinary collaboration between highly productive authors. Most publishers have formed collaborative relationships with other institutions, and those that publish more have formed close partnerships.

   

  JEL classification numbers: F14.

  Keywords: Economic complexity, Research progress, Hot-spot analysis, Bibliometric approach, CiteSpace.