Dr. Xiangyu Zhong,a researcher of the Base, has published a collaborative paper titled "Economic fitness and economy growth potentiality: Evidence from BRICS and OECD countries" in Finance Research Letters

Abstract:

This paper covers the development process from Product Space Theory to Economic Complexity and Fitness, evaluates the Fitness trajectories based on up to 1240 exports from the BRICS countries from 1995 to 2017, and carries out a comparative analysis between BRICS and the top five in OECD countries. We develop a similarity index by country-product matrices to measure the cooperating potentiality among countries. Empirical result indicates that cooperation among BRICS countries could be of great benefit to them, and help them realize their growth potential according to both the fitness index and the similarity index.

Key Words：Economic complexity and fitness;Competitiveness’GDP forecasting;BRICS countries

Link：https://www.sciencedirect.com/science/article/pii/S1544612322004354

Teacher profile

Xiangyu Zong is a lecturer at the School of Finance, Zhongnan University of Economics and Law, and a researcher at the Innovation and Introduction Base of Digital Technology and Modern Finance. He is engaged in the teaching and research of machine learning, complex system theory, quantitative trading, etc. He has published papers on machine learning and complex systems theory in international journals such as Energy Economics, Economic Modelling, Emerging Markets Finance and Trade, and served as an anonymous reviewer for several international leading journals.