NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

What You Export Matters

Ricardo Hausmann, Jason Hwang, Dani Rodrik

NBER Working Paper No. 11905
Issued in December 2005
NBER Program(s):   ITI

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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This paper was revised on March 10, 2006

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Document Object Identifier (DOI): 10.3386/w11905

Published: Ricardo Hausmann & Jason Hwang & Dani Rodrik, 2007. "What you export matters," Journal of Economic Growth, Springer, vol. 12(1), pages 1-25, March.

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