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  • Ricardo Hausmann
  • Jason Hwang
  • Dani Rodrik

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. Copyright Springer Science+Business Media, LLC 2007

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File URL: http://hdl.handle.net/10.1007/s10887-006-9009-4
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Bibliographic Info

Article provided by Springer in its journal Journal of Economic Growth.

Volume (Year): 12 (2007)
Issue (Month): 1 (March)
Pages: 1-25

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Handle: RePEc:kap:jecgro:v:12:y:2007:i:1:p:1-25

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Web page: http://www.springerlink.com/link.asp?id=102931

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Keywords: Economic growth; Experts; Specialization;

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References

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  16. repec:fth:stanho:e-92-3 is not listed on IDEAS
  17. Hausmann, Ricardo & Rodrik, Dani, 2002. "Economic Development as Self-Discovery," Working Paper Series rwp02-023, Harvard University, John F. Kennedy School of Government.
  18. Andrew K. Rose, 2006. "Size Really Doesn't Matter: In Search of a National Scale Effect," NBER Working Papers 12191, National Bureau of Economic Research, Inc.
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  1. Kam in kaj izvažamo je ključno
    by d1joze in Damijan blog on 2009-01-17 10:35:00
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