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What You Export Matters

24 Pages Posted: 12 Apr 2006  

Ricardo Hausmann

Harvard University - Harvard Kennedy School (HKS)

Jason Hwang

Harvard University - Department of Economics

Dani Rodrik

Harvard University - Harvard Kennedy School (HKS); Centre for Economic Policy Research (CEPR); National Bureau of Economic Research (NBER)

Multiple version iconThere are 3 versions of this paper

Date Written: December 2005

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: Economics, International Economics, International Development, International Trade and Finance

Suggested Citation

Hausmann, Ricardo and Hwang, Jason and Rodrik, Dani, What You Export Matters (December 2005). KSG Working Paper No. RWP05-063. Available at SSRN: https://ssrn.com/abstract=896243 or http://dx.doi.org/10.2139/ssrn.896243

Ricardo Hausmann (Contact Author)

Harvard University - Harvard Kennedy School (HKS) ( email )

79 John F. Kennedy Street
Mailbox 34
Cambridge, MA 02138
United States
617-496-3740 (Phone)
617-496-8753 (Fax)

HOME PAGE: http://www.hks.harvard.edu/about/faculty-staff-directory/ricardo-hausmann

Jason Hwang

Harvard University - Department of Economics ( email )

Littauer Center
Cambridge, MA 02138
United States

Dani Rodrik

Harvard University - Harvard Kennedy School (HKS) ( email )

79 John F. Kennedy Street
Cambridge, MA 02138
United States
617-495-9454 (Phone)
617-496-5747 (Fax)

HOME PAGE: http://www.ksg.harvard.edu/rodrik/

Centre for Economic Policy Research (CEPR)

77 Bastwick Street
London, EC1V 3PZ
United Kingdom

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

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