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simple growth accounting exercise / do that in panda package for pyrhon or in excel Exercise 2 This question considers a simple growth accounting exercise

simple growth accounting exercise / do that in panda package for pyrhon or in excel

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Exercise 2 This question considers a simple growth accounting exercise for Canada, following your notes from class Obtain data on employment (N) from the Statistics Canada - using CANSIM, find Table: 14-10-0017-01 (formerly CANSIM 282-0001). Use the Penn World Tables (online data access tool) to retrieve information on the capital stock (K) and expenditure-side real GDP (Y) for Canada from 1976 to 2018. 1. Convert monthly employment data into annual by taking averages 2. Assume a = 0.36. Recall that Y1 = Z, tak, + (1 -@)N, where X1 = log( ). Using measures of Y. K. N. compute a measure of technology z, for years 1977-2018. 3. Over the course of this time period, what was the average share of growth attributable to capital, labor and technology? Note: This is a great opportunity to learn about de pandas package for Python (statistical analysis, like Stata or R). But you can do this in any program you want, including excel

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