The synergetic effect of economic complexity and governance on quality of life: policy thresholds
Journal: Humanities and Social Sciences Communications
Year: 2024

Abstract This study aims to bridge the empirical research gap in governance-modulating effects on the link between a country’s productive structure and individuals’ well-being. In doing so, this study utilizes the economic complexity index to quantify a country’s productive structure and the social progress index to measure quality of life. The empirical strategy relies on the system-GMM approach, covering 75 developing countries from 2011 to 2021. The following conclusions were drawn from the e