Question: Question 2: Write the logarithmic equation for Japan in this period given LogY and admitting LogL as 1% (Population growth 0.95%) and a=0.4. Then
Question 2: Write the logarithmic equation for Japan in this period given LogY and admitting LogL as 1% (Population growth 0.95%) and a=0.4. Then discuss what could have been the contributions of capital stock growth and TFP to GDP growth. Los A + + Losk + Los Y = (1-1)
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In this period the logarithmic equation for Japan would be LogY LogL LogA LogK 14 Where LogY ... View full answer
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