March 9, 2018
What do monkeys and the trees in a forest have to do with economic development?
It’s a metaphor, developed by Hidalgo and Hausmann (2009), to shed light on how products are linked to one another. Firms are monkeys, living on trees; products are trees that form a forest. Economic progress occurs as we move to a denser part of the forest, with a diversification of products.
Dr. Atif Kubursi can explain....
Dr. Kubursi is a Professor Emeritus at McMaster University and President of Econometric Research Limited. He’s in town, with the sponsorship of ITI’s Business Services, Trade and Economic Analysis Division to facilitate training on economic methods, models and analysis when it comes to policy.
For ITI economists (and others) it’s a rare chance to talk about identifying research questions, adopting analytical methodologies, using data and statistical techniques, interpreting results and relating them to policy.
It’s the type of stuff that’s all in a day’s work for ITI’s economic analysis unit who are responsible for the identification, planning, coordinating and conclusions of research in support of the Department’s overarching goals and objectives.
While in town, Dr. Kubursi has also been tapped to present at Ledge Talks: The Knowledge Series March 15th, 2018 at 7:00 PM in the Great Hall of the Legislative Assembly building.
If you are unable to attend in person the talk will be webcast via the Legislative Assembly website: www.assembly.gov.nt.ca