Publications

What You Export Matters
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by Rodrik, Dani; Hausmann, Ricardo; Hwang, Jason
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.
Publication Type: Published Paper
Published Date: March 2007
Field of Interest: International Economics
Rodrik, Dani, R. Hausmann, and J. Hwang. "What You Export Matters." Journal of Economic Growth 12, no. 1 (March 2007): 1-25.