ABSOLUTE ADVANTAGE BASE YEAR BENCHMARK CAPITAL ACCUMULATION CAPITAL GROWTH CAPITAL STOCK CAPITAL STOCK GROWTH COMMODITIES CONSTANT PRICES CONSUMERS COST OF CAPITAL COUNTRY EXPERIENCES COUNTRY SIZE COUNTRY VARIATION DATA SET DEVELOPING COUNTRIES DIMINISHING RETURNS DISCOUNT RATE DOMESTIC MARKET ECONOMIC GROWTH ELASTICITY ELASTICITY OF SUBSTITUTION EMPIRICAL WORK EQUAL WEIGHT EQUILIBRIUM EXOGENOUS FACTORS EXPENDITURE EXPORTS FACTOR ACCUMULATION FACTOR ENDOWMENTS