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What You Export MattersRicardo HausmannHarvard University - Harvard Kennedy School (HKS) Jason HwangHarvard University - Department of Economics Dani RodrikHarvard University - Harvard Kennedy School (HKS); Centre for Economic Policy Research (CEPR); National Bureau of Economic Research (NBER) December 2005 KSG Working Paper No. RWP05-063 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.
Number of Pages in PDF File: 24 Keywords: Economics, International Economics, International Development, International Trade and Finance working papers seriesDate posted: April 12, 2006Suggested CitationContact Information
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