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OECD Convergence OKOR Average growth 1960-2011 . JPN + DEU . TUR SHUT . FRA ONLD .LUK . CHL LEGO SWAG . MEX GER OUSA

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OECD Convergence OKOR Average growth 1960-2011 . JPN + DEU . TUR SHUT . FRA ONLD .LUK . CHL LEGO SWAG . MEX GER OUSA CHE . NOR NZL O 5000 10000 Yi in 1960 15000 20000 25000 a) Is the Solow model consistent with the negative relationship between initial income level and subsequent growth? Explain your answer. b) Over the same period, Africa as a whole grew at an average rate of 2% per year. A growth rate similar to that of the US although capital per worker in the US is 80 times higher than in an average African country. Is this evidence against the Solow model? Explain your

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