Grancay, Martin; Grancay, Nora; Dudas, Tomas - In: Contemporary Economics 9 (2015) 2, pp. 233-244
between export sophistication and economic growth. As a result, we argue that EXPY is not a good predictor of future economic …In 2007, Hausmann, Hwang and Rodrik (HHR) demonstrated that export specialization patterns have important implications … for economic growth. The authors developed an indicator of income level linked to the country's exports they called EXPY …