The Product Space Conditions Aid Effectiveness: Empirical Evidence from the Knowhow Nexus of Technical Cooperation and Economic Complexity
The product space conditions the process through which economies become complex and develop. Does it also condition aid effectiveness? This thesis examines the relationship between technical cooperation (TC) and economic complexity and brings a novel perspective by documenting that the complexity opportunity index (COI) significantly enhances the association. Employing fixed effects panel regressi