Journal of Economic Growth

, Volume 12, Issue 1, pp 1–25

What you export matters

  • Ricardo Hausmann
  • Jason Hwang
  • Dani Rodrik
Original Article

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 growth Experts Specialization 

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Copyright information

© Springer Science+Business Media, LLC 2006

Authors and Affiliations

  • Ricardo Hausmann
    • 1
  • Jason Hwang
    • 2
  • Dani Rodrik
    • 1
  1. 1.John F. Kennedy School of GovernmentHarvard UniversityCambridgeUSA
  2. 2.Department of EconomicsHarvard UniversityCambridgeUSA

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