1 Correction to: Asia-Pacifc Journal of Regional Science https://doi.org/10.1007/s41685-019-00131-w

In the original publication of the article, the Eq. (12) was published incorrectly and the footnote was missing. The correct version of Eq. (12) and footnote is as below,

As output expands, the relationship between labor and capital can be expressed in the form;2

$$ K_{t} = \mu L_{t}^{\lambda } \to \ln K_{t} = \ln \mu + \lambda \ln L_{t} \quad \quad \quad \quad (12)$$

The original article was updated.