TY - JOUR AU - Hausmann,Ricardo AU - Hwang,Jason AU - Rodrik,Dani TI - What You Export Matters JF - National Bureau of Economic Research Working Paper Series VL - No. 11905 PY - 2005 Y2 - December 2005 UR - http://www.nber.org/papers/w11905 L1 - http://www.nber.org/papers/w11905.pdf N1 - Author contact info: Jason Hwang Cornerstone Research 1 Exeter Street Boston MA 02116 E-Mail: jjhwang@post.harvard.edu Dani Rodrik John F. Kennedy School of Government Harvard University 79 JFK Street Cambridge, MA 02138 Tel: 617/495-9454 Fax: 617/496-5747 E-Mail: dani_rodrik@harvard.edu AB - 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. ER -