Linking economic complexity, diversification, and industrial policy with sustainable development : a structured literature review.
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Date
2021
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Abstract
Research on economic diversification and complexity has made significant advances in
understanding economic development processes, but has only recently explored environmental and
social sustainability considerations. In this article we evaluate the current state of this emerging
literature and reveal 13 research gaps. A total of 35 different keywords and methods from structured
literature reviews and network science helped to identify 374 scientific articles between 1988 and
2020 and revealed a fragmented research landscape around three larger network communities:
(1) industrial policies, climate change, and green growth; (2) economic complexity and its association
with inequality and environmental sustainability; and (3) economic diversification, including studies
on livelihood diversification in poor areas. Economic complexity research applies new empirical
methods and considers both social and environmental sustainability, but seldom scrutinizes theory
and policy. Industrial policy research focuses on green growth policies but tends to omit social
sustainability issues and advanced empirical methods. Research on economic diversification in
poor regions provides insights on the livelihood diversification of farmers, but is disconnected from
the economic complexity and industrial policy research. This review helps to summarize the main
contributions and shows pathways for potential mutual learning between these communities for the
sake of sustainable development.
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Keywords
Systematic literature review - SLR, Human development, Sustainability, Rural livelihood
Citation
FERRAZ, D. et al. Linking economic complexity, diversification, and industrial policy with sustainable development: a structured literature review. Sustainability, v. 13, 2021. Disponível em: <https://www.mdpi.com/2071-1050/13/3/1265>. Acesso em: 24 maio 2022.