, increments in productivity, and reductions in exchange rate distortions are not found to be a catalyst for export transitions …In this paper I use a broad multi-country dataset to analyze divergent experiences in export orientation over time …. First, I use transition probability matrices for comparing how countries move across the world distribution for different …

In 2007, Hausmann, Hwang and Rodrik (HHR) demonstrated that export specialization patterns have important implications … between export sophistication and economic growth. As a result, we argue that EXPY is not a good predictor of future economic … performance when the prices of primary commodities are unstable. Policy makers must be aware that, while what countries export is …