What You Export Matters
AbstractWhen 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. [Jointly published as Center for International Development Working Paper No. 123 and KSG Faculty Research Working Paper Series RWP05-063.]
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Bibliographic InfoPaper provided by Harvard University, John F. Kennedy School of Government in its series Working Paper Series with number rwp05-063.
Date of creation: Dec 2005
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Other versions of this item:
- F1 - International Economics - - Trade
- O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
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