@techreport{NBERw11905, title = "What You Export Matters", author = "Ricardo Hausmann and Jason Hwang and Dani Rodrik", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Working Paper Series", number = "11905", year = "2005", month = "December", URL = "http://www.nber.org/papers/w11905", 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.}, }