Economics Homework Help
2. For this question, please use data from 2011 for all countries in the Penn World Tables https://www.rug.nl/ggdc/productivity/pwt/. Using Excel, plot the following: (a) Scatter plot with GDP per c
2. For this question, please use data from 2011 for all countries in the Penn World Tables https://www.rug.nl/ggdc/productivity/pwt/.
Using Excel, plot the following:
(a) Scatter plot with GDP per capita (“Output-side real GDP at chained PPPs (in mil. 2011US$)” divided by population) in the vertical axis and the capital per capita (“Capital stock at current PPPs (in mil. 2011US$)” divided by population) in the horizontal axis.
(b) Scatter plot with GDP per capita (“Output-side real GDP at chained PPPs (in mil. 2011US$)” divided by population) in the vertical axis and the “Human Capital Index” in the horizontal axis.
Briefly comment on these graphs, and discuss their relationships with the Solow Model.
"Our Prices Start at $11.99. As Our First Client, Use Coupon Code GET15 to claim 15% Discount This Month!!"
