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What you export matters

Author

Listed:
  • 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

Suggested Citation

  • Ricardo Hausmann & Jason Hwang & Dani Rodrik, 2007. "What you export matters," Journal of Economic Growth, Springer, vol. 12(1), pages 1-25, March.
  • Handle: RePEc:kap:jecgro:v:12:y:2007:i:1:p:1-25
    DOI: 10.1007/s10887-006-9009-4
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    More about this item

    Keywords

    Economic growth; Experts; Specialization;

    JEL classification:

    • F1 - International Economics - - Trade
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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