Lecture 5 5

Lecture 5 5 - ≈ Growth Rate of K (capital stock) –...

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Log Differentiation Recall again the following derivation: N N N K K K k k k N dt dN K dt dK k dt dk dt N d dt K d dt k d N K k N K k = = = = ' ' ' ln ln ln ln ln ln Growth Rate of k (capital per capita)
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Unformatted text preview: ≈ Growth Rate of K (capital stock) – Growth Rate of N (Population)...
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