Adopting homothetic variable returns to scale functional specifications, this study identifies the returns to scale in the aggregate production functions of four East Asian newly industrialized economies–Hong Kong, Korea, Singapore, and Taiwan–and the Group of Five economies based on a...

In this paper I investigate the competitiveness explanation of the resource curse: to what extent slow growth in primary producer countries is related to the properties of this pattern of trade specialization. To address this hypothesis that has not been adequately explored in the literature, I...

In this paper I investigate the competitiveness explanation of the resource curse: to what extent slow growth in primary producer countries is related to the properties of this pattern of trade specialization. To address this hypothesis that has not been adequately explored in the literature, I...