Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Exhibit 6.12 Contribution of Human Capital, Physical Capital, and Technology to Differences in PPP-adjusted GDP per worker Country PPP- Average Percentage of PPP-adjusted (1) adjusted

image text in transcribed
image text in transcribed
Exhibit 6.12 Contribution of Human Capital, Physical Capital, and Technology to Differences in PPP-adjusted GDP per worker Country PPP- Average Percentage of PPP-adjusted (1) adjusted Years of U.S. Physical GDP per GDP per Schooling Capital Stock worker If worker in (3) per Worker in Technology 2014 2014 Were at U.S. (2) (4) Level (5) United States 112,517.30 13.18 100.0 SAME United Kingdom 83,611.74 12.24 86.9 102,902.90 Spain 88,944.35 10.27 81.2 91,985.66 South Korea 67,246.82 12.05 52.6 86,293.01 Mexico 38,661.51 8.79 21.0 54,766.86 Brazil 28,935.31 7.89 13.4 45,215.59 China 21,394.03 7.95 10.5 41,837.58 India 13,260.64 5.24 2.8 24,056.65 Pakistan 15,492.71 5.02 2.2 20,321.71 Ghana 7,497.48 7.00 1.7 21,407.27 Dem. Rep. of the Congo 3,757.44 3.66 1.6 16,651.50 Source: Data from Penn World Table (Alan Heston, Robert Summers, and Bettina Aten, Penn World Table Version 7.1)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Survey Of Economics

Authors: Irvin B. Tucker

10th Edition

133711152X, 978-1337111522

More Books

Students also viewed these Economics questions

Question

What are the challenges associated with tunneling in urban areas?

Answered: 1 week ago

Question

What are the main differences between rigid and flexible pavements?

Answered: 1 week ago

Question

What is the purpose of a retaining wall, and how is it designed?

Answered: 1 week ago

Question

How do you determine the load-bearing capacity of a soil?

Answered: 1 week ago

Question

what is Edward Lemieux effect / Anomeric effect ?

Answered: 1 week ago

Question

5. Give examples of binary thinking.

Answered: 1 week ago