Theories of Growth II

The conditional on saving population growth and human

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Unformatted text preview: excluding the countries that did not grow. When you use the correct graph, the relationship is not so clear and in fact, it is probably positive, since you grew the least (the only countries that grew where the ones that were already rich, OPPOSITE OF WHAT SOLOW SUGGESTS) When you weight for China and India, you see a negatively sloped line. This assumption that the whole world shares a common production function is unfair, each has a dependency on different things. Maybe there is a dependency on different produc...
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This document was uploaded on 03/28/2014 for the course INAF 252 at Georgetown.

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