Publication: Export-led Growth
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2024-07
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Growth Lab
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Hausmann, Ricardo. "Export-led Growth." Growth Lab Working Paper Series 2024.231, Harvard University, Cambridge, MA, July 2024.
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Abstract
In this paper, I argue that a focus on exports, both at the intensive margin (where existing products increase their volume), but especially at the extensive margin (where new products start being exported), can help countries figure out what policies to adopt in order to achieve sustained growth. I present five stylized facts about growth and its trends in the decades that followed the Washington Consensus.
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Growth Lab Working Paper Series No. 231
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