We have following data on portugal year 1960 2010 gdp, Business Economics

We have following data on portugal year 1960 2010 gdp

We have following data on Portugal. year 1960 2010 GDP (billions 2005 US$) 23.109 218.569 Population (millions) 8.107 10.676 Labor (millions) 3.393 4.909 Capital (billions 2005 US $) 55.221 888.273 The average annual growth rate of GDP is . The average annual growth rate of GDP per capita is . Suppose that the production function is Y = zK0.4L 0.6 . The Solow residual in 2010 is . % of GDP growth in Portugal can be explained by increases in TFP.

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Business Economics: We have following data on portugal year 1960 2010 gdp

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Business Economics: We have following data on portugal year 1960 2010 gdp

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