Explore what it means to make something in North America at bordervalue.com
Explore what it means to make something in North America at bordervalue.com
The Economic Complexity Index or ECI is a widely used empirical tool with an unclear theoretical basis. In this paper, we change that by formally deriving ECI for several production functions and showing what it really does. 👇🧵
arxiv.org/html/2506.1882…
The Economic Complexity Index or ECI is a widely used empirical tool with an unclear theoretical basis. In this paper, we change that by formally deriving ECI for several production functions and showing what it really does. 👇🧵
arxiv.org/html/2506.1882…
Today we released new maps in Rankless.
Explore citation maps for 3.8M+ scholars, 29k+ institutions, & 100s of countries.
rankless.org/countries/chl
Today we released new maps in Rankless.
Explore citation maps for 3.8M+ scholars, 29k+ institutions, & 100s of countries.
rankless.org/countries/chl
But more recently, they have become a core tool for the consulting industry focused on smart specialization.
But more recently, they have become a core tool for the consulting industry focused on smart specialization.
But that's not always an option.
Developing economies are often "close" to low complexity activities and "far" from valuable activities.
But that's not always an option.
Developing economies are often "close" to low complexity activities and "far" from valuable activities.
Optimizing Economic Complexity
For more than a decade scholars have been using relatedness-complexity diagrams to identify industrial diversification opportunities.
But these diagrams suffer from some important limitations ... 🧵
Optimizing Economic Complexity
For more than a decade scholars have been using relatedness-complexity diagrams to identify industrial diversification opportunities.
But these diagrams suffer from some important limitations ... 🧵
After two years of hard work, I just sent the final draft to my editor.
It should be available in bookstores starting on November of this year.
After two years of hard work, I just sent the final draft to my editor.
It should be available in bookstores starting on November of this year.
I arrived in Indonesia 🇮🇩 last Saturday …
I arrived in Indonesia 🇮🇩 last Saturday …
This might surprise you, but Mexico is the number one exporter of beer in the world, far ahead from the Netherlands, Belgium, and Germany.
Much of this beer ends in the US.
/7
This might surprise you, but Mexico is the number one exporter of beer in the world, far ahead from the Netherlands, Belgium, and Germany.
Much of this beer ends in the US.
/7
But Michigan & Texas also have significant connections with Canada.
For Michigan, it is mainly automotive. For Texas it is assembled cars & oil.
/5
But Michigan & Texas also have significant connections with Canada.
For Michigan, it is mainly automotive. For Texas it is assembled cars & oil.
/5
For Mexico, this is Texas, California, & Michigan.
For Texas, Mexico represents 39% of its imports & 27% of its exports.
For Michigan, Mexico & Canada add up to more than 65% of its imports.
/4
For Mexico, this is Texas, California, & Michigan.
For Texas, Mexico represents 39% of its imports & 27% of its exports.
For Michigan, Mexico & Canada add up to more than 65% of its imports.
/4
Canada is in the car industry too, but it is also a key source of energy for the United States.
This year alone the US imported from Canada over $66B in crude petroleum and over $14B in refined petroleum and petroleum gas.
/3
Canada is in the car industry too, but it is also a key source of energy for the United States.
This year alone the US imported from Canada over $66B in crude petroleum and over $14B in refined petroleum and petroleum gas.
/3
US-Mexico trade is largely about North American value chains.
The US exports many vehicle and electronic parts to Mexico.
/3
US-Mexico trade is largely about North American value chains.
The US exports many vehicle and electronic parts to Mexico.
/3
It is well integrated into American value chains, especially in electronics and automotive.
This year the US imported from Mexico:
🚙 $31B Cars
💻 $28B Computers
🚚 $24B Delivery Trucks
/2
It is well integrated into American value chains, especially in electronics and automotive.
This year the US imported from Mexico:
🚙 $31B Cars
💻 $28B Computers
🚚 $24B Delivery Trucks
/2
Mexico & Canada are key trade partners for the US. They represent 28% of US imports & 33% of US exports.
So there is a lot to unpack on this monster thread on trade 🧵👇/1
Mexico & Canada are key trade partners for the US. They represent 28% of US imports & 33% of US exports.
So there is a lot to unpack on this monster thread on trade 🧵👇/1
Where can you change this? (On mobile).
Asking for a friend 🙃
Where can you change this? (On mobile).
Asking for a friend 🙃