Explain why the facts that (i) poor countries do not seem to have higher rates of return

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Explain why the facts that (i) poor countries do not seem to have higher rates of return on capital, and (ii) the gaps between the per capita income of rich and poor countries have not narrowed significantly are puzzles for the Solow growth model.
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Macroeconomics

ISBN: 978-0138014919

12th edition

Authors: Robert J Gordon

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