Taguchi, Hiroyuki; Lowhachai, Suphannada - In: International Journal of Economic Policy in Emerging … 7 (2014) 1, pp. 35-54
This paper aims to examine the trend in the incremental capital-output ratio (ICOR) and its relationship with per capita GDP and GDP growth rate by utilising the panel data of a number of Asian economies and the historical time-series data of Thailand. It might be significant to know the linkage...