Describing Costa Rica’s Economic Network

This study establishes the foundation for viewing the Costa Rican economy as a complex system and provide policymakers with a robust analytical framework to enhance economic performance. To tackle the initial challenge of understanding the economy as an interconnected structure, we analyze the economic relationships among the products within Costa Rica's Input-Output Matrix. Through this analysis, we identify the best positioned actors, both individually and as part of network subgroups. Understanding the positioning of these actors within the network is crucial to comprehend how their roles can be improved by accessing different network regions and establishing relations with other actors. Our findings reveal the existence of actors that have access to different regions within the network, allowing them to serve as bridges between economic sectors. Consequently, strengthening these well-positioned actors through targeted policies can yield simultaneous benefits for both network subgroups and the overall economy.

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Publication Details

Journal
Revista de Ciencias Económicas
Published
2024-11-29
DOI
https://doi.org/10.15517/rce.v42i2.55858
Primary Topic
Economic Zones and Regional Development
Type
article
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article

Describing Costa Rica’s Economic Network

Esteban Durán-Monge, Vladimir González-Gamboa
Revista de Ciencias Económicas
Economic Zones and Regional Development
article

Describing Costa Rica’s Economic Network

Esteban Durán-Monge, Vladimir González-Gamboa
article en

Abstract

This study establishes the foundation for viewing the Costa Rican economy as a complex system and provide policymakers with a robust analytical framework to enhance economic performance. To tackle the initial challenge of understanding the economy as an interconnected structure, we analyze the economic relationships among the products within Costa Rica's Input-Output Matrix. Through this analysis, we identify the best positioned actors, both individually and as part of network subgroups. Understanding the positioning of these actors within the network is crucial to comprehend how their roles can be improved by accessing different network regions and establishing relations with other actors. Our findings reveal the existence of actors that have access to different regions within the network, allowing them to serve as bridges between economic sectors. Consequently, strengthening these well-positioned actors through targeted policies can yield simultaneous benefits for both network subgroups and the overall economy.

Revista de Ciencias EconómicasVol. 42(2)
Universidad de Costa Rica (CR)
Decent work and economic growth
Openalex Percentile: Top 61%
Economic Zones and Regional Development
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Describing Costa Rica’s Economic Network — Esteban Durán-Monge, Vladimir González-Gamboa · Revista de Ciencias Económicas (2024) | TGRS Research Map | TGRS