What You Export Matters

Ricardo Hausmann (), Jason Hwang and Dani Rodrik ()

No 5444, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: When local cost discovery generates knowledge spillovers, specialization patterns become partly indeterminate and the mix of goods that a country produces may have important implications for economic growth. We demonstrate this proposition formally and adduce some empirical support for it. We construct an index of the 'income level of a country's exports,' document its properties, and show that it predicts subsequent economic growth.

Keywords: growth; productivity; specialization (search for similar items in EconPapers)
JEL-codes: F1 O4 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-int
Date: 2006-01
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Related works:
Working Paper: What You Export Matters (2005)
Working Paper: What You Export Matters (2005)
Journal Article: What you export matters (2007)
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