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What do we learn from Nexus between trade diversification and structural change: informing the future about climate action and Sustainability

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Abstract

Economic complexity is considered key a driver of social change, structural change, and economic development. Economic complexity is mostly used to capture issues apropos product diversification of exports, trade, technological innovation, human knowledge, and skills. The current study has conducted a detailed bibliometric review of economic complexity, export quality, and trade diversification. In doing so, the authors used the literature up to 2021 to unveil economic complexity’s contextual information that witnessed structural change, social change, and trade indicators. The current study is the first integrative review to report the theoretical contribution, future research agendas, and thematic analysis of economic complexity, export quality, and export diversification. Our study, on the subject of economic complexity, export diversification, and import diversification in the period from 1966 to 2021, was carried out by systematically scanning 386 documents, and it is one of the pioneering studies in this field. In addition, economic diversity, development, and economic complexity; export diversification, import diversification, trade openness, and economic growth; energy, environmental Kuznets curve, and economic complexity; and sustainability and economic diversification are the four main research topics of the study. The findings are discussed apropos of economic complexity and exports, methodological aspects of economic complexity, and environmental issues nexus with economic complexity. The current study reports novel findings toward a path for achieving SDG-9 (industry and innovation) and SDG-13 (climate action). The biometric review enables researchers and policymakers to understand export quality, economic complexity, and the trade nexus and report future research directions for achieving sustainable growth in industries and innovation.

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Data availability

The datasets used during the current study are available from the corresponding or first author upon reasonable request.

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Authors and Affiliations

  1. Department of Economics, Suleyman Demirel University, Isparta, Turkey

    Buhari Doğan

  2. Shoolini University, Himachal Pradesh, Bajhol, 173229, India

    Amar Rao

  3. Department of Economics, Federal University of Ouro Preto (DEECO-UFOP), Rua Do Catete 166 - Centro, Mariana, 35420000, Brazil

    Diogo Ferraz

  4. Innovation Economics, Institute of Economics, University of Hohenheim, 70599, Stuttgart, Germany

    Diogo Ferraz

  5. Department of Production Engineering, School of Engineering of Bauru, Campus Bauru, São Paulo State University (UNESP), Bauru, 17033-360, Brazil

    Diogo Ferraz

  6. Széchenyi István University of Győr, Győr, Hungary

    Gagan Deep Sharma

  7. Department of Business Administration, IQRA University Karachi, Karachi, 75300, Pakistan

    Irum Shahzadi

  8. Department of Production Engineering, São Paulo State University (UNESP), Bauru, Brazil

    Irum Shahzadi

  9. University School of Management Studies, Guru Gobind Singh Indraprastha University, New Delhi, India

    Gagan Deep Sharma

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  1. Buhari Doğan
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  2. Amar Rao
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Contributions

Buhari Doğan: writing, data collection, and review. Amar Rao: writing draft, conclusion, revision, English corrections, and discussion. Diogo Ferraz: data, analysis, review, improvement, and concept. Gagan Deep Sharma: policies, ideas, data, analysis, and editing. Irum Shahzadi: introduction, methods, and data analysis.

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Correspondence to Irum Shahzadi.

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Doğan, B., Rao, A., Ferraz, D. et al. What do we learn from Nexus between trade diversification and structural change: informing the future about climate action and Sustainability. Environ Sci Pollut Res 30, 92162–92181 (2023). https://doi.org/10.1007/s11356-023-28770-9

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