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Measuring the Intangibles: A Metrics for the Economic Complexity of Countries and Products

Figure 12

Testing the capability information content measured by the two methods.

(Left) Results of the iterations on the toy model matrix. Fitness preserves the first order information, while appears to be rapidly destroying any correlation with the assigned capabilities. We plot the logarithm of Fitness and the rescaled at four different orders of iteration. (Right) Pearson’s correlation between the measures of complexity and the number of assigned capabilities vs. the iteration order. While Fitness maintains the same level of correlation of the first step, iterating the measure leads to a destruction of information. It is to be noted that in this trivial model the Mcp matrix does not contain more information than the simple diversification. Again, the logarithm of Fitness and the rescaled are considered.

Figure 12

doi: https://doi.org/10.1371/journal.pone.0070726.g012