Journal of Economic Growth

, Volume 12, Issue 1, pp 1–25

What you export matters

Authors

  • Ricardo Hausmann
    • John F. Kennedy School of GovernmentHarvard University
  • Jason Hwang
    • Department of EconomicsHarvard University
  • Dani Rodrik
    • John F. Kennedy School of GovernmentHarvard University
Original Article

DOI: 10.1007/s10887-006-9009-4

Cite this article as:
Hausmann, R., Hwang, J. & Rodrik, D. J Econ Growth (2007) 12: 1. doi:10.1007/s10887-006-9009-4

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

Economic growthExpertsSpecialization

Copyright information

© Springer Science+Business Media, LLC 2006