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Problem 1 Production Function Model For Kenya and China record the the depreciation rate on capital (6) the real GDP) and the capital stock for

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Problem 1 Production Function Model For Kenya and China record the the depreciation rate on capital (6) the real GDP) and the capital stock for 2000. Assume that the capital share in production is 0.3 and the after-tax after depreciation real interest rate is 6%. Calculate the implied capital income tax rate (inclusive of bribes and corruption) for your country and for China How does your country compare to China in terms of implicit capital income tax rates? RGPD Capital Stock Kenya 91158.07813 241127 5313 1 0.042412922 China 5962253 13807774 0.05381741 Problem 1 Production Function Model For Kenya and China record the the depreciation rate on capital (6) the real GDP) and the capital stock for 2000. Assume that the capital share in production is 0.3 and the after-tax after depreciation real interest rate is 6%. Calculate the implied capital income tax rate (inclusive of bribes and corruption) for your country and for China How does your country compare to China in terms of implicit capital income tax rates? RGPD Capital Stock Kenya 91158.07813 241127 5313 1 0.042412922 China 5962253 13807774 0.05381741

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