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d. Separate each country's growth experience into two periods: 1980-1995 and 1995-2019. De- compose the growth in output per worker into contributions from TFP, capital per worker, and these two periods. Report your findings in the tables below. Please report the annual growth rate for each period. China 1980-1995 1995-2019 Brazil 1980-1995 1995-2019 Y/L Y/L ak/L ak/L TFP TFP

d. Separate each country's growth experience into two periods: 1980-1995 and 1995-2019. De- compose the growth in output per worker into contributions from TFP, capital per worker, and these two periods. Report your findings in the tables below. Please report the annual growth rate for each period. China 1980-1995 1995-2019 Brazil 1980-1995 1995-2019 Y/L Y/L ak/L ak/L TFP TFP

Exploring Economics
Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter20: Economic Growth In The Global Economy
Section: Chapter Questions
Problem 5P
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Please only do the Brazil table and only the row labeled as 1980-1995. Please do the math manually and explain what formulas were used and why
d. Separate each country's growth experience into two periods: 1980-1995 and 1995-2019. De- compose the growth in output per worker into contributions from TFP, capital per worker, and these two periods. Report your findings in the tables below. Please report the annual growth rate for each period. China 1980-1995 1995-2019 Brazil 1980-1995 1995-2019 Y/L Y/L ak/L ak/L TFP A TFP
Transcribed Image Text:d. Separate each country's growth experience into two periods: 1980-1995 and 1995-2019. De- compose the growth in output per worker into contributions from TFP, capital per worker, and these two periods. Report your findings in the tables below. Please report the annual growth rate for each period. China 1980-1995 1995-2019 Brazil 1980-1995 1995-2019 Y/L Y/L ak/L ak/L TFP A TFP
Country Year Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil 3 Brazil Brazil 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 Real GDP Employment Real capital stock million $ millions millions of $ 1341770.13 1284744.75 1295408.25 1257452.75 1325355.25 1429382.25 1536443.13 1590679.50 1589725.13 1639960.25 1568622.13 1584778.88 1569940.13 1645865.50 1742186.75 1815769.50 1854818.13 1917423.00 1918100.88 1922974.13 2005781.25 2032119.38 2086134.88 2110055.00 2228845.00 2300215.50 43.31 45.12 47.56 48.10 49.83 53.52 55.02 56.98 58.94 60.16 61.63 61.45 61.27 61.98 62.46 62.93 61.78 62.80 62.61 65.89 68.13 68.46 71.25 72.30 76.16 78.41 4864919.00 5134427.50 5358612.00 5497325.00 5636437.50 5812272.00 6086334.00 6344587.00 6568494.00 6792520.50 6967859.00 7175984.50 7342351.50 7532847.00 7787762.50 8064328.50 8321744.00 8609659.00 8872492.00 9062699.00 9271773.00 9471979.00 9629394.00 9753476.00 9915966.00 10079144.00
Transcribed Image Text:Country Year Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil Brazil 3 Brazil Brazil 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 Real GDP Employment Real capital stock million $ millions millions of $ 1341770.13 1284744.75 1295408.25 1257452.75 1325355.25 1429382.25 1536443.13 1590679.50 1589725.13 1639960.25 1568622.13 1584778.88 1569940.13 1645865.50 1742186.75 1815769.50 1854818.13 1917423.00 1918100.88 1922974.13 2005781.25 2032119.38 2086134.88 2110055.00 2228845.00 2300215.50 43.31 45.12 47.56 48.10 49.83 53.52 55.02 56.98 58.94 60.16 61.63 61.45 61.27 61.98 62.46 62.93 61.78 62.80 62.61 65.89 68.13 68.46 71.25 72.30 76.16 78.41 4864919.00 5134427.50 5358612.00 5497325.00 5636437.50 5812272.00 6086334.00 6344587.00 6568494.00 6792520.50 6967859.00 7175984.50 7342351.50 7532847.00 7787762.50 8064328.50 8321744.00 8609659.00 8872492.00 9062699.00 9271773.00 9471979.00 9629394.00 9753476.00 9915966.00 10079144.00
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