Comes from building factories how much from

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: l per worker, and whatever we just did. Argument: some countries have better technologies than others, three main groups of countries each with a separate productivity function line. This whole idea might not be right, because maybe the shaped production function curve is not the best fit. What if it looks linear or maybe S- shaped How can capital be most productive when there is 0 capital Nobody accumulated lots of capital per worker a...
View Full Document

This document was uploaded on 03/28/2014 for the course INAF 252 at Georgetown.

Ask a homework question - tutors are online