Document Type : Research Paper

Authors

• mahya allahgholi ¹
• Farshad Moameni ²

¹ Ph.D. student in Economics, Allameh Tabataba'i University, Tehran, Iran

² Department of Developemnt and planning , Faculty of Economics , Allameh Tabatabaei University

Abstract

Considering the economic complexity index as a development index due to its greater estimation power in predicting economic growth and income inequality compared to similar indices, along with shortcomings such as the inability to express the difference in the complexity levels of economies, it makes the theoretical model to explain this index inevitable. In the social orders approach, the type of social order is mentioned as the difference between developed and developing economies, and in this article an attempt has been made to identified determinants of this index. In this study by descriptive analytical method the state of property rights, the business environment and the type of people`s access to organizations are known as three variables affecting this index. analyzing Iran`s economic complexity index during 10-period (2010-2020) and three indexes, international property rights, ease of doing business and economic freedom, respectively as an estimation of those variables, shows that the international property rights index has a stronger positive relationship with the economic complexity index than the other two indices.

Keywords

• Economic complexity index
• social orders
• property rights
• business environment
• type of people`s access to organizations

Main Subjects

• Economic Development