The existing studies have shown that the skilled–unskilled wage gap is affected by the size of elasticity of substitution in consumption. This paper focuses on the role of elasticity of substitution in production. Within the context of this paper, elasticity of substitution in production...

A number of fundamental factors enhance the growth of industries’ productivity. Among others, the export-led and high-tech capital deepening strategies are widely adopted by developing economies. This paper attempts to empirically investigate the extent to which both industrial development...

A number of fundamental factors enhance the growth of industries' productivity. Among others, the export-led and high-tech capital deepening strategies are widely adopted by developing economies. This paper attempts to empirically investigate the extent to which both industrial development...