Figure 2
From: Product progression: a machine learning approach to forecasting industrial upgrading
An example of successful prediction. On the left, the RCA of Bhutan in electrical transformers as a function of time. Already in 2012, with RCA stably below 1, the progression probability of that matrix element was well above its country average, as shown by the histogram in the figure on the right. Bhutan will start to competitively export electrical transformers after 5 years.
