economic complexity

INTEGRATION UKRAINIAN ECONOMY INTO EUROPEAN VALUE CHAINS: MODELING OF ECONOMIC COMPLEXITY

Purpose. The purpose of the paper is to research of the modern trends of Ukrainian integration into European value chains that based on the sectoral model and its complexity, and to identify their features during last years. Based on the latest research and publications related to this topic, it is possible to formulate the hypothesis that at the postwar period, Ukraine needs to integrate into European value chains via transformation of the sectoral model of development that will provide the status as global and competitive actor in global and European economies.

Economic Complexity and Knowledge Economy: Diffusion of the Knowledge as a Factor for Economic Growth

The purpose of the paper is the establishment of relationships between economic complexity and knowledge economy. The main method is correlation analysis, namely a pairwise correlation test. Another characteristic of the chosen approach is the employment of Economic Complexity Index (ECI) and Knowledge Economy Index (KEI). The main finding is a strong and statistically significant correlation between the economic complexity index and the knowledge economy.