In 1900 GDP per capita in Japan (measured in year 2005 dollars) was $1,617. In 2000 it

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In 1900 GDP per capita in Japan (measured in year 2005 dollars) was $1,617. In 2000 it was

$29,639. Calculate the growth rate of income per capita in Japan over this period. Now suppose that Japan grows at the same rate for the century following 2000. What will Japanese GDP per capita be in the year 2100?

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Economic Growth

ISBN: 9780273769293

3rd Edition

Authors: David N Weil

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