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R&D and wholesale trade are critical to the economy: Identifying dominant sectors from economic networks

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posted on 2023-05-27, 23:57 authored by Dungey, M, Volkov, V
Using a network approach we empirically identify the most critical sectors for 49 different economies. Wholesale trade is dominant for over half the countries, but increasingly R&D activities are taking on an equivalent importance. Recognizing R&D as a critical sector as countries develop urges caution against disinvesting in this sector.

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Department/School

School of Zoology

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University of Tasmania

Publication status

  • Published

Place of publication

Hobart

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Copyright 2017 University of Tasmania JEL Classification numbers: C32, C51, C52, G10

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  • Open

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