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a. Comment on the capital intensity per labor employed(K/L). b. Contrast this plot against L/Y(labor-output ratio), and comment on whether labor intensity of output is
a. Comment on the capital intensity per labor employed(K/L).
b. Contrast this plot against L/Y(labor-output ratio), and comment on whether labor intensity of output is rising or falling over time, or over any subperiods.
c. Contrast the K/L(capital-labor ratio) path against the productivity of the economy. Do these countries experience rise in productivity or not? What factors would be responsible for the evolution of productivity, discuss.
K/L for each country over 19602019 countrycode BRA EGY MYS L/Y for each country over 19602019 Productivity for each country over 19602019 countrycode BRA EGY MYS 1,6 K/L for each country over 19602019 countrycode BRA EGY MYS L/Y for each country over 19602019 Productivity for each country over 19602019 countrycode BRA EGY MYS 1,6
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