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Discussion Paper Details

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Title: What You Export Matters

Author(s): Ricardo Hausmann, Jason Hwang and Dani Rodrik

Publication Date: January 2006

Keyword(s): growth, productivity and specialization

Programme Area(s): International Trade and Regional Economics and Public Economics

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.

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Bibliographic Reference

Hausmann, R, Hwang, J and Rodrik, D. 2006. 'What You Export Matters'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=5444