Look back at Table 4.3. Why do such large differences in capital lead to relatively small differences
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TABLE 4.3 The Model's Prediction for Per Capita GDP (U.S.-1) Observed capital per person, k Predicted per capita GDP per capita GDP 1.000 0.966 0.760 0.686 0.661 0.828 0.201 0.182 0.172 0.084 0.010 Country 1.000 1.269 1.178 0.926 0.840 0.671 0.174 0.162 0.147 0.061 0.006 1.000 1.083 1.056 United States Japan Italy Spain United Kingdom Brazil South Africa China India Burundi 0.975 0.944 0.876 0.559 0.546 0.528 0.394 0.180
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