Reconciling contrasting views on economic complexity

Abstract

Both the mathematics and outcomes of the Method of Reflections (MR) and Fitness and Complexity algorithm (FC) approaches differ largely. Here the authors recast both methods in a mathematical and multidimensional framework to reconcile both and show that the conflicts between the two methodologies to measure economic complexity can be resolved by a neat mathematical method based on linear-algebra tools within a bipartite-networks framework.