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What you export matters

Journal of Economic Growth volume 12, pages 1–25 (2007)Cite this 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.

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Authors and Affiliations

  1. John F. Kennedy School of Government, Harvard University, Cambridge, MA, USA

    Ricardo Hausmann & Dani Rodrik

  2. Department of Economics, Harvard University, Cambridge, MA, USA

    Jason Hwang

Authors
  1. Ricardo Hausmann
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  2. Jason Hwang
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  3. Dani Rodrik
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Hausmann, R., Hwang, J. & Rodrik, D. What you export matters. J Econ Growth 12, 1–25 (2007). https://doi.org/10.1007/s10887-006-9009-4

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  • DOI: https://doi.org/10.1007/s10887-006-9009-4

Keywords

  • Economic growth
  • Experts
  • Specialization