The following table provides data on the annual growth rates of output, physical capital, and human capital

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The following table provides data on the annual growth rates of output, physical capital, and human capital per worker for three countries. For each country, calculate the growth rates of productivity and factor accumulation.

In which country does factor accumulation account for the largest share of growth? In which country does productivity account for the largest share of growth?

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Economic Growth

ISBN: 9780273769293

3rd Edition

Authors: David N Weil

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