Comparative statics in the Solow model. The steady-state (per-capita) equilibrium capital stock in the Solow model is k s gr gr X N * ( ) ( )( ) ( ) = 11 1 1 1 , in which the exogenous parameters are the savings rate, s (,) 0 1 , the capital depreciation rate, (,) 0 1 , the elasticity of total per-capita output with respect to k, (,) 0 1 , the net growth rate per period of population, grN , and the net growth rate per period of labor-augmenting technology, grX