Understanding the impact of economic complexity on balance of payments across countries
Journal: Regional Statistics
Year: 2025

This study examines the long-term effects of the economic complexity index (ECI) on the current account balance in 66 countries from 1995 to 2021.Economic complexity, reflecting a country's knowledge, technological capabilities, and skill sets in production and exports, influences the current account balance differently based on its economic structure and development stage.The empirical approach includes tests for homogeneity, cross-sectional dependence, unit roots, and cointegration, with long-