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Unformatted text preview: 1 : 2007 and 2002 between capita per GDP real of rate growth average the as rate growth the calculated I 91 . 42866 $ , 86 . 7737 $ : get we Tables Penn World Using e. convergenc of time the find to U.S. the and Turkey for numbers in the plug want to we Now 5 1 2002 , 2007 , 2007 , 2007 , = = = = = US TR i i i US TR g g y y g y y 3/7/11 2062. in or years, 55 about in occur will e convergenc he say that t can we So 74 . 54 ) 0081 . 0218 . ( ) 88 . 3 63 . 4 ( : e congergenc for needed time the find can we before, derived e equation w the and numbers these Using == t 3/7/11 GDP per capita projection 2 4 6 8 10 12 2 4 6 8 10 12 Years GDP per capita...
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This note was uploaded on 03/06/2011 for the course ECON 350 taught by Professor Kamrany during the Spring '09 term at USC.
 Spring '09
 KAMRANY
 Macroeconomics

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