CAPITAL INTENSITY, OPENNESS, AND THE ECONOMIC GROWTH OF THE ASEAN 5
One of the core elements of the neoclassical growth theory is that poor countries have low capital labor ratios but have higher marginal products of capital than the rich countries. This means the low income countries experience faster growth rates and become a reason for allowing capital, goods, an...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Universitas Gadjah Mada
2016-09-01
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| Series: | Journal of Indonesian Economy and Business |
| Subjects: | |
| Online Access: | https://journal.ugm.ac.id/jieb/article/view/23268 |