The Relationship Between Multidimensional Economic Complexity and Inclusive Green Growth: An Analysis of Developed and Developing Countries

In an era of economic complexity, where goods and services are produced using advanced technologies and with significant diversity, achieving economic growth without environmental pollution has become one of the primary goals for nations worldwide. This objective necessitates measures such as investment in knowledge-based production, which in turn relies heavily on investment in research and development.  The present study aimed to examine the relationship between multidimensional economic complexity and inclusive green economic growth. Given the geographic proximity of some developed and developing countries, the research employed a spatial panel econometric method using data from these nations. The results indicated a significant relationship between inclusive green growth and economic complexity in both developed and developing countries. However, this relationship is relatively weaker in developing countries.