Compute growth rates of per capita gdp for each country
Calculate the growth rates (log difference) of per capita GDP for each country in each year. Calculate the mean and standard deviation of these growth rates. Which country grew the fastest? Which country experienced the most volatile growth?
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Compute growth rates (log difference) of per capita GDP for each country in each year. Calculate the mean and standard deviation of these growth rates.
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Explain the growth rates for Japan and South Korea. Have their growth rates changed over time? When did they have highest periods of growth?
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