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Growth in Hours Worked (%) Growth in Labor Prod. (%) Growth in TFP (%) Growth Due to Capital Deepening (%) Growth in GDP (%)
Growth in Hours Worked (%) Growth in Labor Prod. (%) Growth in TFP (%) Growth Due to Capital Deepening (%) Growth in GDP (%) Productivity Level 2010; GDP per Hour Worked (S) 40.7 Japan 1995 -2005 -1.0 2.1 0.4 1.7 2005 -2009 -1.3 0.8 -0.6 1.4 South Korea 27.9 1995 -2005 0.0 4.3 2.4 1.9 2005 -2009 -0.5 2.8 2.0 0.8 China 8.6 1995 -2005 1.1 6.7 1.5 5.2 2005 -2008 1.2 10.3 4.2 6.1 Calculate the growth in GDP in Sauth Korea for 2005-2009 by using the growth accounting equation % labor productivity growth accounting equation
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
14th Edition
978-0132960649, 132960648, 132109174, 978-0132109178
