What percentage by productivity growth


Problem

What percentage of average growth per worker is explained by growth in capital, and what percentage by productivity growth? For the period from 1965 to 1992, the average growth rate of output per worker was 2.7% in the United States, and productivity growth averaged 2.3%. How do these numbers compare to your country? Does the neoclassical growth model offer an explanation of the performance of your country relative to the United States? If not, how do you explain the differences?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What percentage by productivity growth
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