Canadian real GDP per capita is 50,097 (measured in constant 2017 USD, same for thefollowing numbers) in the year 2019 and 40,489 in the year 1999. Canadian real capital stockper capita is 226,225 in the year 2019 and 155,256 in 1999. Calculate the growth rate of GDPper capita in Canada for these two decades, as well as the contribution from productivitygrowth and that from capital accumulation. You can use a capital share α of 1/3.
Canadian real GDP per capita is 50,097 (measured in constant 2017 USD, same for thefollowing numbers) in the year 2019 and 40,489 in the year 1999. Canadian real capital stockper capita is 226,225 in the year 2019 and 155,256 in 1999. Calculate the growth rate of GDPper capita in Canada for these two decades, as well as the contribution from productivitygrowth and that from capital accumulation. You can use a capital share α of 1/3.
Chapter20: Economic Growth In The Global Economy
Section: Chapter Questions
Problem 4P
Related questions
Question
Canadian real
following numbers) in the year 2019 and 40,489 in the year 1999. Canadian real capital stock
per capita is 226,225 in the year 2019 and 155,256 in 1999. Calculate the growth rate of GDP
per capita in Canada for these two decades, as well as the contribution from productivity
growth and that from capital accumulation. You can use a capital share α of 1/3.
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