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What You Export Matters

Author

Listed:
  • Ricardo Hausmann

    (Harvard's Growth Lab)

  • Jason Hwang
  • Dani Rodrik

    (Center for International Development at Harvard University)

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.

Suggested Citation

Handle: RePEc:glh:wpfacu:3c
as

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File URL: https://www.hks.harvard.edu/sites/default/files/centers/cid/files/publications/faculty-working-papers/123.pdf
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More about this item

Keywords

specialization; productivity; growth;
All these keywords.

JEL classification:

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

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