GDP per capita = 8.1% Growth in L/N = 3.85% Growth in Capital contribution=3.78% Contribution of A
Question:
GDP per capita = 8.1% Growth in L/N = 3.85% Growth in Capital contribution=3.78% Contribution of A (TFP) =3.02% GDP per capita = 8.1% Growth in L/N = 3.85% Growth in Capital contribution=1.26% Contribution of A (TFP) =3.02% GDP per capita = 6.1% Growth in L/N = 1.85% Growth in Capital contribution=1.26% Contribution of A (TFP) =3.02% GDP per capita = 12.1% Growth in L/N = 3.85% Growth in Capital contribution=3.78% Contribution of A (TFP) =3.02%.
Using the data above, answer each of the questions that follow.
(a) What is the growth rate in per capita GDP of China from 1980 to 2000?
(b) How much of the growth during this period is attributable to increases in L/N?
(c) How much of the growth during this period is attributable to increases to the growth in K/L?
d) How much of the growth during this period is attributable to increases in A?