10 pages Country report for Romania,diffcult work
Directions
| These worksheets will help you prepare your country report. | |
| The first four charts show the dispersion of key parameters A, s, h, and alpha in the country sample. Use these charts to help you to assess the paramater value in your country for the policy intervention. | |
| If your country does not have data on human capital h or captial share alpha, use those to charts to estimate a level based on countries at a similar output per worker level, y. | |
| The data used to construct the charts is given in the sheet Country Comparison Data. You will need data in this sheet to compare the growth rate of your country to other countries in Table or Figure 1 of your report. Since countries' data starts in different years, you are given a variable called y_e that is output per worker in that country's earliest year. The year is given in the column "Earliest Year". You can then compute the growth rate over the entire period for any country in the database. | |
| The last three sheets provide a template for you to use for Tables 2 and 3. Input your country's parameters ONLY in the areas shaded in yellow. Decide which of the three parameters you wish to change for the steady-state policy intervention (s, A, or h) and input the level (for s) or rate of growth for A or h in the corresponding worksheet. Be sure your change increases the projected y* by at least 20 % , that c* increases, and that it is a feasible objective based on the pattern of data presented in the charts. |
A Chart
Level of A in 2017 by output per worker y
115119.716419493 114577.147782994 110095.524596604 107969.048038211 107962.232929399 103826.9716488 102260.123218556 95065.8904634114 94523.9093123088 92648.3100076678 92114.9500303109 91795.5884988216 90611.9398267105 90318.1229615576 87848.8282497115 87213.5992531998 87055.7995841762 86525.8625599967 86291.3870259236 84031.8575912881 81451.0432824097 80972.6239558504 79604.971578696 79105.9014951787 77264.2547472898 75363.5517345501 75242.5922621536 73185.3606525345 71809.080588556 70284.0486975245 67979.081623777 67756.0774385412 67061.1609472725 63007.8055273194 62848.2740195503 62449.2567600014 61733.9522013228 60872.8111923073 60235.8564554365 58967.9943905048 57421.2274872331 57123.2055009478 54321.293361166 52666.7655071057 52038.7826796123 51795.4416939082 51295.3915490357 50527.9038801621 49059.7676891452 48525.8806514133 47252.724516726 47199.3283173679 44596.9081416829 44487.8514243737 40413.2773730772 39951.4751536127 38429.9657678471 38229.1550394558 37733.0533655555 37607.6966576053 36834.2350453861 36796.9622267376 36790.3061684269 36667.6051127318 36258.4617600254 35246.0561006648 34390.413839209 29412.8330135548 29238.7615740741 29134.9422763711 28079.0476200615 27933.5512133672 27603.5972818685 27218.6694849151 25992.632281318 25061.5564642386 23220.9465480212 22811.1854827684 22709.5123564823 21619.5395913331 20793.2981866188 20724.2261938325 20709.8535799391 20410.1094308966 19497.3948054803 17671.9335464099 17312.2443188589 17155.4783236177 17024.6500477596 16802.4464380989 15989.6168909111 15081.1988836075 13282.7542592766 12553.7671316558 12490.8076786642 11531.4564443464 11167.3755150159 10818.8474533907 10362.1512822214 9664.99587708072 9634.82604969807 9570.96221664568 7765.59640959592 7673.76121411844 5467.85662229173 5332.88809815483 4996.06457654957 4352.93072940722 3924.01437155813 3689.27432542085 3521.43488058378 3370.00021543041 2083.66315492362 1904.72156959028 14152.134235464 8619.49924385813 14066.4940617857 20.045818398084 3379.92499136646 2337.49833205685 660.303819908356 12010.3740795357 11198.0076846977 8788.80516789912 9384.19597369672 6057.04324850877 9159.82101908439 10444.2239669014 8666.90022848487 7670.47239043998 7704.74755112904 12998.342262953 8308.04432766894 10396.2197037895 7785.42568728315 8188.62785101513 613.351866245645 1232.18482519575 4337.35220779832 6607.81730687967 6174.94409456048 7632.86472538439 9208.2873133816 5134.13265650034 8711.11977146983 559.877127524032 5549.54951681346 9702.516853228 6026.44803783133 8765.00727064233 3413.30132619937 3149.6765804133 5064.86716616324 6477.68762411545 2242.33062678552 5715.30464765959 5084.39220653815 4439.28222708305 4868.18629707856 4774.42470823323 3583.47749435476 3498.57081095738 4635.56188597127 1983.64760088711 1074.2851072725 5177.36711206859 485.300711023448 3616.29322039186 3188.64290681223 1652.53580441892 3860.01275869386 4930.55752594647 2929.74950563648 7634.06462629411 4675.12332127691 150.191018232687 4928.54249648228 6482.48591086762 1089.99962583707 2898.15374940186 3888.96272271637 6036.44881833469 2601.70658378942 5541.31577066699 1046.04537500838 2971.90558214693 1208.16776639496 2914.67273881474 2300.14350258428 10646.4747754289 2799.17089746862 1325.35322834618 2188.68728669163 2025.39595375811 6451.39594002177 3297.24824239689 924.571559458339 3759.23158312438 2419.72276756539 290.630905219697 2822.53375120515 2659.8599666593 1729.86958088499 2280.87007831507 2353.74404886867 628.956295005498 1948.72171163994 2305.53626564916 1226.28477074452 1888.28985092662 1169.92800142231 1157.32324616473 2859.60443503047 188.948702129686 1112.57073281176 1597.64603455517 1500.37693623228 2106.34160859155 1036.98754167788 1425.84283891439 1870.39483519981 1381.47622435418 1661.32089832694 862.089906898789 1384.81814914645 481.095274600971 262.497819604992 0.268218504985054
I Chart
TFP or Institutional Quality by y
115119.716419493 114577.147782994 110095.524596604 107969.048038211 107962.232929399 103826.9716488 102260.123218556 95065.8904634114 94523.9093123088 92648.3100076678 92114.9500303109 91795.5884988216 90611.9398267105 90318.1229615576 87848.8282497115 87213.5992531998 87055.7995841762 86525.8625599967 86291.3870259236 84031.8575912881 81451.0432824097 80972.6239558504 79604.971578696 79105.9014951787 77264.2547472898 75363.5517345501 75242.5922621536 73185.3606525345 71809.080588556 70284.0486975245 67979.081623777 67756.0774385412 67061.1609472725 63007.8055273194 62848.2740195503 62449.2567600014 61733.9522013228 60872.8111923073 60235.8564554365 58967.9943905048 57421.2274872331 57123.2055009478 54321.293361166 52666.7655071057 52038.7826796123 51795.4416939082 51295.3915490357 50527.9038801621 49059.7676891452 48525.8806514133 47252.724516726 47199.3283173679 44596.9081416829 44487.8514243737 40413.2773730772 39951.4751536127 38429.9657678471 38229.1550394558 37733.0533655555 37607.6966576053 36834.2350453861 36796.9622267376 36790.3061684269 36667.6051127318 36258.4617600254 35246.0561006648 34390.413839209 29412.8330135548 29238.7615740741 29134.9422763711 28079.0476200615 27933.5512133672 27603.5972818685 27218.6694849151 25992.632281318 25061.5564642386 23220.9465480212 22811.1854827684 22709.5123564823 21619.5395913331 20793.2981866188 20724.2261938325 20709.8535799391 20410.1094308966 19497.3948054803 17671.9335464099 17312.2443188589 17155.4783236177 17024.6500477596 16802.4464380989 15989.6168909111 15081.1988836075 13282.7542592766 12553.7671316558 12490.8076786642 11531.4564443464 11167.3755150159 10818.8474533907 10362.1512822214 9664.99587708072 9634.82604969807 9570.96221664568 7765.59640959592 7673.76121411844 5467.85662229173 5332.88809815483 4996.06457654957 4352.93072940722 3924.01437155813 3689.27432542085 3521.43488058378 3370.00021543041 2083.66315492362 1904.72156959028 1872.23537176086 300.400582640498 122.992394740678 496.349842679984 1.69860384593536 35.5519807124595 18.3805751633748 6.14397010289426 380.436159557736 235.564299151642 181.759409915065 266.131615317399 94.4154954305027 269.419033233597 305.620772629234 194.972515689417 172.297602188529 138.415004594738 476.227582988218 177.764150408538 413.777706000281 47.5259112581403 204.180207608194 4.96035802159411 10.8393768585312 75.568273694466 139.902389834717 119.112171776609 136.326133236128 244.429536481537 83.0998118219075 145.216105129714 6.40820508286294 67.864849893237 170.503012899282 179.027900713697 14.732022984237 72.4335340803603 56.4525430233665 68.8662937646374 271.786655770466 16.2223905519159 157.621952257902 85.6923235486869 125.822695861254 166.234939880916 137.397299906543 32.7052563311778 36.137165455164 146.408667843848 17.9677412411389 8.05132453485423 157.114957361241 5.49177675704399 22.4573008259076 45.8372939782626 15.4433620865136 59.2687293495695 92.5864352199624 55.025386455818 25.3316603949757 122.063778287334 4.02737529378299 102.296999665913 162.178839135589 9.97417398111487 37.161596239737 69.8559061630305 137.024144947507 88.1617491110749 195.607841729736 15.3504725982041 103.68994627846 20.0578982464352 50.7874665612428 75.3527791505234 130.09206248577 102.376343034865 28.0533336419351 45.0477873621817 31.7384081624081 385.933046820892 222.05639219745 11.4149621449343 500.610839963236 45.0191695950261 11.4282282428804 86.0956276593306 86.0320753292561 91.6311049697695 25.0158487408976 55.5846768652254 17.4992678000518 43.6262116262388 44.0184458168299 16.9090735366777 64.6293560446179 24.7423854686823 10.3948629011738 192.780758509814 6.01936548141556 18.0206643654392 68.7481098338521 39.4954534402506 156.776182708929 57.188762246579 88.4201288344558 73.7337217678845 51.1969465391255 243.438068692594 16.5116418880217 340.875205252291 30.0054158799895 12.3094455475127 0.805548466884447 64.0653562234872
s Chart
Savings/investment rate in 2017 by output per worker
115119.716419493 114577.147782994 110095.524596604 107969.048038211 107962.232929399 103826.9716488 102260.123218556 95065.8904634114 94523.9093123088 92648.3100076678 92114.9500303109 91795.5884988216 90611.9398267105 90318.1229615576 87848.8282497115 87213.5992531998 87055.7995841762 86525.8625599967 86291.3870259236 84031.8575912881 81451.0432824097 80972.6239558504 79604.971578696 79105.9014951787 77264.2547472898 75363.5517345501 75242.5922621536 73185.3606525345 71809.080588556 70284.0486975245 67979.081623777 67756.0774385412 67061.1609472725 63007.8055273194 62848.2740195503 62449.2567600014 61733.9522013228 60872.8111923073 60235.8564554365 58967.9943905048 57421.2274872331 57123.2055009 478 54321.293361166 52666.7655071057 52038.7826796123 51795.4416939082 51295.3915490357 50527.9038801621 49059.7676891452 48525.8806514133 47252.724516726 47199.3283173679 44596.9081416829 44487.8514243737 40413.2773730772 39951.4751536127 38429.9657678471 38229.1550394558 37733.0533655555 37607.6966576053 36834.2350453861 36796.9622267376 36790.3061684269 36667.6051127318 36258.4617600254 35246.0561006648 34390.413839209 29412.8330135548 29238.7615740741 29134.9422763711 28079.0476200615 27933.5512133672 27603.5972818685 27218.6694849151 25992.632281318 25061.5564642386 23220.9465480212 22811.1854827684 22709.5123564823 21619.5395913331 20793.2981866188 20724.2261938325 20709.8535799391 20410.1 094308966 19497.3948054803 17671.9335464099 17312.2443188589 17155.4783236177 17024.6500477596 16802.4464380989 15989.6168909111 15081.1988836075 13282.7542592766 12553.7671316558 12490.8076786642 11531.4564443464 11167.3755150159 10818.8474533907 10362.1512822214 9664.99587708072 9634.82604969807 9570.96221664568 7765.59640959592 7673.76121411844 5467.85662229173 5332.88809815483 4996.06457654957 4352.93072940722 3924.01437155813 3689.27432542085 3521.43488058378 3370.00021543041 2083.66315492362 1904.72156959028 1872.23537176086 0.204634577035904 0.284988015890121 0.270014375448227 0.559601783752441 0.315232008695602 0.316153943538666 0.30910998582 84 0.25211888551712 0.244378730654716 0.30249235033989 0.32348558306694 0.224768787622452 0.26830393075943 0.197865039110184 0.239561066031456 0.24023374915123 0.296554148197174 0.200115188956261 0.252876132726669 0.242906540632248 0.276375532150269 0.226084530353546 0.270263075828552 0.531602084636688 0.234448343515396 0.209292218089104 0.274903833866119 0.240894228219986 0.311023086309433 0.33150190114975 0.213725671172142 0.313342809677124 0.255542069673538 0.169238984584808 0.218694791197777 0.118929423391819 0.254392594099045 0.148078367114067 0.217748209834099 0.25304701924324 0.229956418275833 0.231475636363029 0.171695247292519 0.224637314677238 0.270748227834702 0.194046884775162 0.300422787666321 0.19448484480381 0.242451399564743 0.253701329231262 0.341152936220169 0.152912020683289 0.290636271238327 0.193221002817154 0.158540993928909 0.179134160280228 0.156209632754326 0.168678641319275 0.193980187177658 0.0968168452382088 0.192331627011299 0.331269472837448 0.155803948640823 0.17235067486763 0.331864893436432 0.199172869324684 0.227669849991798 0.10816165804863 0.154270499944687 0.13358648121357 0.200595647096634 0.169353723526001 0.301812678575516 0.195216327905655 0.0935136899352074 0.0695604309439659 0.497658461332321 0.341712236404419 0.304023414850235 0.168558850884438 0.305467039346695 0.225578889250755 0.252175152301788 0.185686945915222 0.214252889156342 0.186967521905899 0.11724715679884 0.157446756958961 0.214392006397247 0.120495237410069 0.265800923109055 0.112848833203316 0.203412547707558 0.137777492403984 0.24357171356678 0.192384406924248 0.282797187566757 0.164705768227577 0.213038563728333 0.279236286878586 0.258594125509262 0.214769378304482 0.181068181991577 0.140861004590988 0.253967195749283 0.197083726525307 0.220447614789009 0.122973673045635 0.201298326253891 0.318601936101913 0.172420173883438 0.118696093559265 0.251646399497986 0.10345683991909 0.0613678731024265
h Chart
Human capital in 2017 by output per worker
115119.716419493 114577.147782994 110095.524596604 107969.048038211 107962.232929399 103826.9716488 102260.123218556 95065.8904634114 94523.9093123088 92648.3100076678 92114.9500303109 91795.5884988216 90611.9398267105 90318.1229615576 87848.8282497115 87213.5992531998 87055.7995841762 86525.8625599967 86291.3870259236 84031.8575912881 81451.0432824097 80972.6239558504 79604.971578696 79105.9014951787 77264.2547472898 75363.5517345501 75242.5922621536 73185.3606525345 71809.080588556 70284.0486975245 67979.081623777 67756.0774385412 67061.1609472725 63007.8055273194 62848.2740195503 62449.2567600014 61733.9522013228 60872.8111923073 60235.8564554365 58967.9943905048 57421.2274872331 57123.2055009478 54321.293361166 52666.7655071057 52038.7826796123 51795.4416939082 51295.3915490357 50527.9038801621 49059.7676891452 48525.8806514133 47252.724516726 47199.3283173679 44596.9081416829 44487.8514243737 40413.2773730772 39951.4751536127 38429.9657678471 38229.1550394558 37733.0533655555 37607.6966576053 36834.2350453861 36796.9622267376 36790.3061684269 36667.6051127318 36258.4617600254 35246.0561006648 34390.413839209 29412.8330135548 29238.7615740741 29134.9422763711 28079.0476200615 27933.5512133672 27603.5972818685 27218.6694849151 25992.632281318 25061.5564642386 23220.9465480212 22811.1854827684 22709.5123564823 21619.5395913331 20793.2981866188 20724.2261938325 20709.8535799391 20410.1094308966 19497.3948054803 17671.9335464099 17312.2443188589 17155.4783236177 17024.6500477596 16802.4464380989 15989.6168909111 15081.1988836075 13282.7542592766 12553.7671316558 12490.8076786642 11531.4564443464 11167.3755150159 10818.8474533907 10362.1512822214 9664.99587708072 9634.82604969807 9570.96221664568 7765.59640959592 7673.76121411844 5467.85662229173 5332.88809815483 4996.06457654957 4352.93072940722 3924.01437155813 3689.27432542085 3521.43488058378 3370.00021543041 2083.66315492362 1904.72156959028 1872.23537176086 3.73871397972107 3.6431348323822 3.68750190734863 3.09211349487305 3.97420811653137 3.51247239112854 2.66799807548523 3.19070243835449 3.52248072624207 3.35898303985596 3.13644909858704 3.12171483039856 3.56304430961609 3.67046761512756 3.36847543716431 3.46622395515442 3.41590476036072 3.29073810577393 2.94388365745544 3.7062931060791 2.44431138038635 3.75782227516174 2.24318289756775 3.06785011291504 3.23904347419739 3.57227778434753 2.86291837692261 3.80706763267517 3.22782683372498 3.69450116157532 3.36065697669983 2.2372100353241 3.12521719932556 3.40420246124268 3.52366423606873 2.26284313201904 3.66581010818481 3.09125423431396 3.23369860649109 3.5322117805481 2.4238600730896 3.79378962516785 3.26270890235901 3.12711954116821 3.61612558364868 2.47826552391052 2.60310959815979 3.10786700248718 3.3849503993988 3.03412580490112 2.8571937084198 3.40304088592529 2.78454089164734 3.13579654693603 2.73129820823669 2.73650026321411 2.87460112571716 3.16279745101929 2.61101174354553 2.61768794059753 2.80924582481384 2.88529968261719 3.03543877601624 2.65795803070068 2.86388969421387 2.71955060958862 2.22509956359863 3.130450963974 3.39104795455933 2.03013014793396 2.74346470832825 2.94924998283386 2.99214720726013 2.5629780292511 3.27244305610657 3.45334577560425 2.56642746925354 2.31613945960999 1.89294099807739 2.80294895172119 1.59111166000366 2.74959659576416 2.6869490146637 2.83569002151489 2.68112397193909 2.82266926765442 3.45037293434143 2.60476756095886 2.58913064002991 1.90988659858704 2.12382006645203 3.0508599281311 2.90920758247375 1.9242250919342 1.91118156909943 2.24137854576111 1.78693509101868 1.65733885765076 1.75815498828888 1.46732115745544 1.57957863807678 2.34952306747437 1.89001929759979 2.30526947975159 1.68991887569427 1.84083318710327 1.25852251052856 1.61329197883606 1.83796072006226 1.21772193908691 1.79090321063995 2.64824795722961 1.21193623542786 1.54039895534515 1.38927340507507
alpha Chart
Factor payment share of capital income (alpha) in 2017 by output per worker y
115119.716419493 114577.147782994 110095.524596604 107969.048038211 107962.232929399 103826.9716488 102260.123218556 95065.8904634114 94523.9093123088 92648.3100076678 92114.9500303109 91795.5884988216 90611.9398267105 90318.1229615576 87848.8282497115 87213.5992531998 87055.7995841762 86525.8625599967 86291.3870259236 84031.8575912881 81451.0432824097 80972.6239558504 79604.971578696 79105.9014951787 77264.2547472898 75363.5517345501 75242.5922621536 73185.3606525345 71809.080588556 70284.0486975245 67979.081623777 67756.0774385412 67061.1609472725 63007.8055273194 62848.2740195503 62449.2567600014 61733.9522013228 60872.8111923073 60235.8564554365 58967.9943905048 57421.2274872331 57123.2055009478 54321.293361166 52666.7655071057 52038.7826796123 51795.4416939082 51295.3915490357 50527.9038801621 49059.7676891452 48525.8806514133 47252.724516726 47199.3283173679 44596.9081416829 44487.8514243737 40413.2773730772 39951.4751536127 38429.9657678471 38229.1550394558 37733.0533655555 37607.6966576053 36834.2350453861 36796.9622267376 36790.3061684269 36667.6051127318 36258.4617600254 35246.0561006648 34390.413839209 29412.8330135548 29238.7615740741 29134.9422763711 28079.0476200615 27933.5512133672 27603.5972818685 27218.6694849151 25992.632281318 25061.5564642386 23220.9465480212 22811.1854827684 22709.5123564823 21619.5395913331 20793.2981866188 20724.2261938325 20709.8535799391 20410.1094308966 19497.3948054803 17671.9335464099 17312.2443188589 17155.4783236177 17024.6500477596 16802.4464380989 15989.6168909111 15081.1988836075 13282.7542592766 12553.7671316558 12490.8076786642 11531.4564443464 11167.3755150159 10818.8474533907 10362.1512822214 9664.99587708072 9634.82604969807 9570.96221664568 7765.59640959592 7673.76121411844 5467.85662229173 5332.88809815483 4996.06457654957 4352.93072940722 3924.01437155813 3689.27432542085 3521.43488058378 3370.00021543041 2083.66315492362 1904.72156959028 1872.23537176086 0.403081893920898 0.468965113162994 0.350128471851349 0.823281183838844 0.560525745153427 0.624680191278458 0.72038272023201 0.367509245872498 0.414169669151306 0.427095055580139 0.389513075351715 0.477814078330994 0.386547803878784 0.381622433662415 0.418473184108734 0.424354791641235 0.449108242988586 0.349079370498657 0.425986766815186 0.348556578159332 0.569054543972015 0.409688472747803 0.750507369637489 0.665120393037796 0.48357892036438 0.438274204730988 0.452345788478851 0.450231552124023 0.397566616535187 0.482652723789215 0.451275587081909 0.706437706947327 0.510812282562256 0.440231561660767 0.403998911380768 0.703693687915802 0.473578333854675 0.499270915985107 0.503853976726532 0.361333012580872 0.63884711265564 0.41506689786911 0.478462696075439 0.424299716949463 0.397748529911041 0.418857276439667 0.57386389374733 0.560383141040802 0.409299969673157 0.619558155536652 0.701144307851791 0.408682525157928 0.724605411291122 0.620219945907593 0.525854498147964 0.630613386631012 0.505707025527954 0.467478275299072 0.497938215732574 0.638487786054611 0.431415677070618 0.722039014101028 0.455722689628601 0.420214056968689 0.671143651008606 0.54649356007576 0.486270606517792 0.434826612472534 0.430414915084839 0.387921154499054 0.607185989618301 0.419603705406189 0.577471882104874 0.507659882307053 0.441631138324738 0.475008010864258 0.416831314563751 0.536248981952667 0.504915416240692 0.545870065689087 0.321063756942749 0.33304089307785 0.643460661172867 0.244915962219238 0.511373519897461 0.570510715246201 0.439239799976349 0.435112357139587 0.394059658050537 0.583629131317139 0.482479333877563 0.555845499038696 0.501558601856232 0.511226236820221 0.602368950843811 0.447377324104309 0.545837908983231 0.668081015348434 0.338871121406555 0.657542645931244 0.587775528430939 0.426479816436768 0.497340559959412 0.339473128318787 0.417293548583984 0.382844984531403 0.429185748100281 0.455714285373688 0.258989930152893 0.585158079862595 0.193798542022705 0.449264585971832 0.549325406551361 0.835684210062027 0.393781781196594
Country Comparison Data
| countrycode | country | currency_unit | Earliest Year | y_e | y_2017 | h_2017 | alpha_2017 | s | A_2017 | I =A^(1-alpha) |
| USA | United States | US Dollar | 1950 | 36,086 | 115,120 | 3.74 | 0.40 | 0.20 | 14,152 | 300 |
| NOR | Norway | Norwegian Krone | 1950 | 18,101 | 114,577 | 3.64 | 0.47 | 0.28 | 8,619 | 123 |
| CHE | Switzerland | Swiss Franc | 1950 | 28,061 | 110,096 | 3.69 | 0.35 | 0.27 | 14,066 | 496 |
| QAT | Qatar | Qatari Rial | 1970 | 177,181 | 107,969 | 3.09 | 0.82 | 0.56 | 20 | 2 |
| SGP | Singapore | Singapore Dollar | 1960 | 8,923 | 107,962 | 3.97 | 0.56 | 0.32 | 3,380 | 36 |
| LUX | Luxembourg | Euro | 1950 | 28,096 | 103,827 | 3.51 | 0.62 | 0.32 | 2,337 | 18 |
| SAU | Saudi Arabia | Saudi Riyal | 1970 | 123,406 | 102,260 | 2.67 | 0.72 | 0.31 | 660 | 6 |
| FRA | France | Euro | 1950 | 14,917 | 95,066 | 3.19 | 0.37 | 0.25 | 12,010 | 380 |
| AUS | Australia | Australian Dollar | 1950 | 29,020 | 94,524 | 3.52 | 0.41 | 0.24 | 11,198 | 236 |
| AUT | Austria | Euro | 1950 | 12,451 | 92,648 | 3.36 | 0.43 | 0.30 | 8,789 | 182 |
| BEL | Belgium | Euro | 1950 | 18,278 | 92,115 | 3.14 | 0.39 | 0.32 | 9,384 | 266 |
| ITA | Italy | Euro | 1950 | 9,668 | 91,796 | 3.12 | 0.48 | 0.22 | 6,057 | 94 |
| DNK | Denmark | Danish Krone | 1950 | 20,175 | 90,612 | 3.56 | 0.39 | 0.27 | 9,160 | 269 |
| DEU | Germany | Euro | 1950 | 10,365 | 90,318 | 3.67 | 0.38 | 0.20 | 10,444 | 306 |
| NLD | Netherlands | Euro | 1950 | 18,587 | 87,849 | 3.37 | 0.42 | 0.24 | 8,667 | 195 |
| FIN | Finland | Euro | 1950 | 11,537 | 87,214 | 3.47 | 0.42 | 0.24 | 7,670 | 172 |
| SWE | Sweden | Swedish Krona | 1950 | 18,528 | 87,056 | 3.42 | 0.45 | 0.30 | 7,705 | 138 |
| TWN | Taiwan | New Taiwan Dollar | 1951 | 3,972 | 86,526 | 3.29 | 0.35 | 0.20 | 12,998 | 476 |
| ESP | Spain | Euro | 1950 | 8,282 | 86,291 | 2.94 | 0.43 | 0.25 | 8,308 | 178 |
| CAN | Canada | Canadian Dollar | 1950 | 25,156 | 84,032 | 3.71 | 0.35 | 0.24 | 10,396 | 414 |
| TUR | Turkey | New Turkish Lira | 1950 | 6,435 | 81,451 | 2.44 | 0.57 | 0.28 | 7,785 | 48 |
| GBR | United Kingdom | Pound Sterling | 1950 | 20,183 | 80,973 | 3.76 | 0.41 | 0.23 | 8,189 | 204 |
| KWT | Kuwait | Kuwaiti Dinar | 1970 | 401,471 | 79,605 | 2.24 | 0.75 | 0.27 | 613 | 5 |
| TTO | Trinidad and Tobago | Trinidad and Tobago Dollar | 1950 | 14,591 | 79,106 | 3.07 | 0.67 | 0.53 | 1,232 | 11 |
| HKG | China, Hong Kong SAR | Hong Kong Dollar | 1960 | 12,886 | 77,264 | 3.24 | 0.48 | 0.23 | 4,337 | 76 |
| JPN | Japan | Yen | 1950 | 5,364 | 75,364 | 3.57 | 0.44 | 0.21 | 6,608 | 140 |
| CYP | Cyprus | Euro | 1950 | 12,462 | 75,243 | 2.86 | 0.45 | 0.27 | 6,175 | 119 |
| ISR | Israel | New Israeli Sheqel | 1950 | 12,193 | 73,185 | 3.81 | 0.45 | 0.24 | 7,633 | 136 |
| ISL | Iceland | Iceland Krona | 1950 | 17,233 | 71,809 | 3.23 | 0.40 | 0.31 | 9,208 | 244 |
| KOR | Republic of Korea | Won | 1953 | 3,310 | 70,284 | 3.69 | 0.48 | 0.33 | 5,134 | 83 |
| NZL | New Zealand | New Zealand Dollar | 1950 | 24,154 | 67,979 | 3.36 | 0.45 | 0.21 | 8,711 | 145 |
| BHR | Bahrain | Bahraini Dinar | 1970 | 76,513 | 67,756 | 2.24 | 0.71 | 0.31 | 560 | 6 |
| MLT | Malta | Euro | 1954 | 2,790 | 67,061 | 3.13 | 0.51 | 0.26 | 5,550 | 68 |
| POL | Poland | Zloty | 1970 | 11,915 | 63,008 | 3.40 | 0.44 | 0.17 | 9,703 | 171 |
| HRV | Croatia | Croatian Kuna | 1990 | 26,687 | 62,848 | 3.52 | 0.40 | 0.22 | 6,026 | 179 |
| IRQ | Iraq | Iraqi Dinar | 1970 | 14,664 | 62,449 | 2.26 | 0.70 | 0.12 | 8,765 | 15 |
| CZE | Czech Republic | Czech Koruna | 1990 | 41,944 | 61,734 | 3.67 | 0.47 | 0.25 | 3,413 | 72 |
| GRC | Greece | Euro | 1951 | 8,937 | 60,873 | 3.09 | 0.50 | 0.15 | 3,150 | 56 |
| ROU | Romania | New Leu | 1960 | 1,879 | 60,236 | 3.23 | 0.50 | 0.22 | 5,065 | 69 |
| SVN | Slovenia | Euro | 1990 | 30,265 | 58,968 | 3.53 | 0.36 | 0.25 | 6,478 | 272 |
| IRN | Iran (Islamic Republic of) | Iranian Rial | 1955 | 8,662 | 57,421 | 2.42 | 0.64 | 0.23 | 2,242 | 16 |
| SVK | Slovakia | Euro | 1990 | 35,186 | 57,123 | 3.79 | 0.42 | 0.23 | 5,715 | 158 |
| LTU | Lithuania | Euro | 1990 | 31,465 | 54,321 | 3.26 | 0.48 | 0.17 | 5,084 | 86 |
| LVA | Latvia | Euro | 1990 | 38,845 | 52,667 | 3.13 | 0.42 | 0.22 | 4,439 | 126 |
| EST | Estonia | Euro | 1990 | 20,318 | 52,039 | 3.62 | 0.40 | 0.27 | 4,868 | 166 |
| PRT | Portugal | Euro | 1950 | 7,389 | 51,795 | 2.48 | 0.42 | 0.19 | 4,774 | 137 |
| MUS | Mauritius | Mauritius Rupee | 1980 | 17,684 | 51,295 | 2.60 | 0.57 | 0.30 | 3,583 | 33 |
| CHL | Chile | Chilean Peso | 1951 | 12,572 | 50,528 | 3.11 | 0.56 | 0.19 | 3,499 | 36 |
| HUN | Hungary | Forint | 1970 | 10,121 | 49,060 | 3.38 | 0.41 | 0.24 | 4,636 | 146 |
| MYS | Malaysia | Malaysian Ringgit | 1955 | 6,437 | 48,526 | 3.03 | 0.62 | 0.25 | 1,984 | 18 |
| PAN | Panama | Balboa | 1970 | 17,115 | 47,253 | 2.86 | 0.70 | 0.34 | 1,074 | 8 |
| RUS | Russian Federation | Russian Ruble | 1990 | 30,108 | 47,199 | 3.40 | 0.41 | 0.15 | 5,177 | 157 |
| GAB | Gabon | CFA Franc BEAC | 1980 | 53,630 | 44,597 | 2.78 | 0.72 | 0.29 | 485 | 5 |
| KAZ | Kazakhstan | Tenge | 1990 | 23,799 | 44,488 | 3.14 | 0.62 | 0.19 | 3,616 | 22 |
| URY | Uruguay | Peso Uruguayo | 1950 | 15,744 | 40,413 | 2.73 | 0.53 | 0.16 | 3,189 | 46 |
| MEX | Mexico | Mexican Peso | 1950 | 16,131 | 39,951 | 2.74 | 0.63 | 0.18 | 1,653 | 15 |
| JOR | Jordan | Jordanian Dinar | 1954 | 12,150 | 38,430 | 2.87 | 0.51 | 0.16 | 3,860 | 59 |
| BGR | Bulgaria | Bulgarian Lev | 1970 | 6,912 | 38,229 | 3.16 | 0.47 | 0.17 | 4,931 | 93 |
| TUN | Tunisia | Tunisian Dinar | 1960 | 6,974 | 37,733 | 2.61 | 0.50 | 0.19 | 2,930 | 55 |
| EGY | Egypt | Egyptian Pound | 1950 | 2,100 | 37,608 | 2.62 | 0.64 | 0.10 | 7,634 | 25 |
| ZAF | South Africa | Rand | 1950 | 12,429 | 36,834 | 2.81 | 0.43 | 0.19 | 4,675 | 122 |
| BWA | Botswana | Pula | 1980 | 8,797 | 36,797 | 2.89 | 0.72 | 0.33 | 150 | 4 |
| ARG | Argentina | Argentine Peso | 1950 | 6,371 | 36,790 | 3.04 | 0.46 | 0.16 | 4,929 | 102 |
| CRI | Costa Rica | Costa Rican Colon | 1950 | 10,335 | 36,668 | 2.66 | 0.42 | 0.17 | 6,482 | 162 |
| LKA | Sri Lanka | Sri Lanka Rupee | 1950 | 8,115 | 36,258 | 2.86 | 0.67 | 0.33 | 1,090 | 10 |
| DOM | Dominican Republic | Dominican Peso | 1951 | 9,080 | 35,246 | 2.72 | 0.55 | 0.20 | 2,898 | 37 |
| NAM | Namibia | Namibian Dollar | 1980 | 24,629 | 34,390 | 2.23 | 0.49 | 0.23 | 3,889 | 70 |
| ARM | Armenia | Armenian Dram | 1990 | 12,027 | 29,413 | 3.13 | 0.43 | 0.11 | 6,036 | 137 |
| SRB | Serbia | Serbian Dinar | 1990 | 24,198 | 29,239 | 3.39 | 0.43 | 0.15 | 2,602 | 88 |
| SWZ | Eswatini | Lilangeni | 1980 | 15,382 | 29,135 | 2.03 | 0.39 | 0.13 | 5,541 | 196 |
| THA | Thailand | Baht | 1950 | 2,352 | 28,079 | 2.74 | 0.61 | 0.20 | 1,046 | 15 |
| BRA | Brazil | Brazilian Real | 1950 | 4,121 | 27,934 | 2.95 | 0.42 | 0.17 | 2,972 | 104 |
| MNG | Mongolia | Tugrik | 1980 | 5,390 | 27,604 | 2.99 | 0.58 | 0.30 | 1,208 | 20 |
| COL | Colombia | Colombian Peso | 1950 | 9,911 | 27,219 | 2.56 | 0.51 | 0.20 | 2,915 | 51 |
| UKR | Ukraine | Hryvnia | 1990 | 22,031 | 25,993 | 3.27 | 0.44 | 0.09 | 2,300 | 75 |
| KGZ | Kyrgyzstan | Som | 1990 | 18,364 | 25,062 | 3.45 | 0.48 | 0.07 | 10,646 | 130 |
| CHN | China | Yuan Renminbi | 1952 | 2,593 | 23,221 | 2.57 | 0.42 | 0.50 | 2,799 | 102 |
| IDN | Indonesia | Rupiah | 1960 | 4,033 | 22,811 | 2.32 | 0.54 | 0.34 | 1,325 | 28 |
| MAR | Morocco | Moroccan Dirham | 1950 | 5,769 | 22,710 | 1.89 | 0.50 | 0.30 | 2,189 | 45 |
| PER | Peru | Nuevo Sol | 1950 | 5,667 | 21,620 | 2.80 | 0.55 | 0.17 | 2,025 | 32 |
| SDN | Sudan | Sudanese Pound | 1970 | 8,182 | 20,793 | 1.59 | 0.32 | 0.31 | 6,451 | 386 |
| ECU | Ecuador | US Dollar | 1950 | 10,140 | 20,724 | 2.75 | 0.33 | 0.23 | 3,297 | 222 |
| PHL | Philippines | Philippine Peso | 1950 | 4,253 | 20,710 | 2.69 | 0.64 | 0.25 | 925 | 11 |
| BRB | Barbados | Barbados Dollar | 1960 | 26,076 | 20,410 | 2.84 | 0.24 | 0.19 | 3,759 | 501 |
| FJI | Fiji | Fiji Dollar | 1980 | 17,643 | 19,497 | 2.68 | 0.51 | 0.21 | 2,420 | 45 |
| VEN | Venezuela (Bolivarian Republic of) | Bolivar Fuerte | 1950 | 16,447 | 17,672 | 2.82 | 0.57 | 0.19 | 291 | 11 |
| MDA | Republic of Moldova | Moldovan Leu | 1990 | 10,424 | 17,312 | 3.45 | 0.44 | 0.12 | 2,823 | 86 |
| PRY | Paraguay | Guarani | 1970 | 7,142 | 17,155 | 2.60 | 0.44 | 0.16 | 2,660 | 86 |
| JAM | Jamaica | Jamaican Dollar | 1953 | 8,602 | 17,025 | 2.59 | 0.39 | 0.21 | 1,730 | 92 |
| GTM | Guatemala | Quetzal | 1950 | 5,957 | 16,802 | 1.91 | 0.58 | 0.12 | 2,281 | 25 |
| IND | India | Indian Rupee | 1950 | 1,859 | 15,990 | 2.12 | 0.48 | 0.27 | 2,354 | 56 |
| TJK | Tajikistan | Somoni | 1990 | 17,489 | 15,081 | 3.05 | 0.56 | 0.11 | 629 | 17 |
| BOL | Bolivia (Plurinational State of) | Boliviano | 1950 | 4,201 | 13,283 | 2.91 | 0.50 | 0.20 | 1,949 | 44 |
| NGA | Nigeria | Naira | 1960 | 10,075 | 12,554 | 1.92 | 0.51 | 0.14 | 2,306 | 44 |
| LAO | Lao People's DR | Kip | 1980 | 1,820 | 12,491 | 1.91 | 0.60 | 0.24 | 1,226 | 17 |
| NIC | Nicaragua | Cordoba Oro | 1950 | 19,908 | 11,531 | 2.24 | 0.45 | 0.19 | 1,888 | 65 |
| MRT | Mauritania | Ouguiya | 1977 | 14,732 | 11,167 | 1.79 | 0.55 | 0.28 | 1,170 | 25 |
| CIV | Côte d'Ivoire | CFA Franc BCEAO | 1960 | 4,269 | 10,819 | 1.66 | 0.67 | 0.16 | 1,157 | 10 |
| LSO | Lesotho | Loti | 1980 | 5,362 | 10,362 | 1.76 | 0.34 | 0.21 | 2,860 | 193 |
| AGO | Angola | Kwanza | 1970 | 7,318 | 9,665 | 1.47 | 0.66 | 0.28 | 189 | 6 |
| SEN | Senegal | CFA Franc BCEAO | 1960 | 11,632 | 9,635 | 1.58 | 0.59 | 0.26 | 1,113 | 18 |
| HND | Honduras | Lempira | 1970 | 7,666 | 9,571 | 2.35 | 0.43 | 0.21 | 1,598 | 69 |
| CMR | Cameroon | CFA Franc BEAC | 1960 | 3,156 | 7,766 | 1.89 | 0.50 | 0.18 | 1,500 | 39 |
| KEN | Kenya | Kenyan Shilling | 1950 | 3,590 | 7,674 | 2.31 | 0.34 | 0.14 | 2,106 | 157 |
| TZA | U.R. of Tanzania: Mainland | Tanzanian Shilling | 1960 | 2,748 | 5,468 | 1.69 | 0.42 | 0.25 | 1,037 | 57 |
| BEN | Benin | CFA Franc BCEAO | 1980 | 5,153 | 5,333 | 1.84 | 0.38 | 0.20 | 1,426 | 88 |
| BFA | Burkina Faso | CFA Franc BCEAO | 1960 | 1,346 | 4,996 | 1.26 | 0.43 | 0.22 | 1,870 | 74 |
| SLE | Sierra Leone | Leone | 1980 | 3,152 | 4,353 | 1.61 | 0.46 | 0.12 | 1,381 | 51 |
| RWA | Rwanda | Rwanda Franc | 1980 | 2,563 | 3,924 | 1.84 | 0.26 | 0.20 | 1,661 | 243 |
| MOZ | Mozambique | Metical | 1960 | 1,268 | 3,689 | 1.22 | 0.59 | 0.32 | 862 | 17 |
| TGO | Togo | CFA Franc BCEAO | 1980 | 5,151 | 3,521 | 1.79 | 0.19 | 0.17 | 1,385 | 341 |
| ZWE | Zimbabwe | US Dollar | 1954 | 4,178 | 3,370 | 2.65 | 0.45 | 0.12 | 481 | 30 |
| NER | Niger | CFA Franc BCEAO | 1960 | 3,201 | 2,084 | 1.21 | 0.55 | 0.25 | 262 | 12 |
| CAF | Central African Republic | CFA Franc BEAC | 1980 | 2,553 | 1,905 | 1.54 | 0.84 | 0.10 | 0 | 1 |
| BDI | Burundi | Burundi Franc | 1980 | 1,870 | 1,872 | 1.39 | 0.39 | 0.06 | 955 | 64 |
USA Tables (s)
| Table 2. Steady-state analysis of USA | ||||||||||||
| y | k | |||||||||||
| 115,120 | 364,003 | |||||||||||
| alpha | d | n | h | s | A | y* | c* | y*/y | ||||
| 0.40 | 0.05 | 0.01 | 3.74 | 0.20 | 14,152 | 116,962 | 93,027 | 1.02 | ||||
| New Steady-State from Policy Intervention | ||||||||||||
| alpha | d | n | h | s | A | y* | c* | y*/y | ||||
| 0.40 | 0.05 | 0.01 | 3.74 | 0.40 | 14,152 | 183,909 | 110,345 | 1.60 | ||||
| (corrected enttr cell under A should be =J5) | ||||||||||||
| Table 3. Five-year Growth Projection (after s increases to x) | ||||||||||||
| time | s | k_tilde | % gk _tilde | y | % gy | |||||||
| 0 | 0.20 | 7 | 0.2% | 115,120 | ||||||||
| 1 | 0.40 | 7 | 6.3% | 115,190 | 0.1% | |||||||
| 2 | 0.40 | 7 | 5.8% | 118,161 | 2.5% | |||||||
| 3 | 0.40 | 8 | 5.4% | 120,980 | 2.4% | |||||||
| 4 | 0.40 | 8 | 5.1% | 123,658 | 2.2% | |||||||
| 5 | 0.40 | 9 | 4.7% | 126,205 | 2.0% | |||||||
USA Tables (A)
| Table 2. Steady-state analysis of USA | ||||||||||||
| y | k | |||||||||||
| 115,120 | 364,003 | |||||||||||
| alpha | d | n | h | s | A | y* | c* | y*/y | ||||
| 0.40 | 0.05 | 0.01 | 3.74 | 0.20 | 14,152 | 116,962 | 93,027 | 1.02 | ||||
| New Steady-State from Policy Intervention | ||||||||||||
| alpha | d | n | h | s | A | y* | c* | y*/y | ||||
| 0.40 | 0.05 | 0.01 | 3.74 | 0.20 | 18,172 | 150,182 | 119,449 | 1.30 | ||||
| Table 3. Five-year Growth Projection (as A increases by x % per year for 5 years) | ||||||||||||
| growth of A | 5% | (enter value in decimmal form!) | ||||||||||
| time | A | k_tilde | % gk _tilde | y | % gy | |||||||
| 0 | 14,152 | 7 | 0.2% | 115,120 | ||||||||
| 1 | 14,878 | 7 | 0.1% | 121,095 | 5.06% | |||||||
| 2 | 15,641 | 7 | 0.1% | 127,378 | 5.06% | |||||||
| 3 | 16,442 | 7 | 0.1% | 133,984 | 5.06% | |||||||
| 4 | 17,285 | 7 | 0.1% | 140,930 | 5.05% | |||||||
| 5 | 18,172 | 7 | 0.1% | 148,232 | 5.05% | |||||||
USA Tables (I)
| Table 2. Steady-state analysis of USA | ||||||||||||
| y | k | [Note that I, or Social Institutions, is equal to A^(1-alpha)] | ||||||||||
| 115,120 | 364,003 | |||||||||||
| alpha | d | n | h | s | I | y* | c* | y*/y | ||||
| 0.40 | 0.05 | 0.01 | 3.74 | 0.20 | 300 | 116,962 | 93,027 | 1.02 | ||||
| New Steady-State from Policy Intervention | ||||||||||||
| alpha | d | n | h | s | I | y* | c* | y*/y | ||||
| 0.40 | 0.05 | 0.01 | 3.74 | 0.20 | 386 | 177,801 | 141,417 | 1.54 | ||||
| Table 3. Five-year Growth Projection (as I increases by x % per year for 5 years) | ||||||||||||
| growth of I | 5% | (enter value in decimmal form!) | ||||||||||
| time | A | k_tilde | % gk _tilde | y | % gy | |||||||
| 0 | 300 | 324 | -5.7% | 11,546 | ||||||||
| 1 | 316 | 306 | -5.6% | 11,864 | 2.71% | |||||||
| 2 | 332 | 289 | -5.6% | 12,191 | 2.72% | |||||||
| 3 | 349 | 274 | -5.6% | 12,529 | 2.73% | |||||||
| 4 | 367 | 259 | -5.6% | 12,877 | 2.74% | |||||||
| 5 | 386 | 245 | -5.6% | 13,236 | 2.75% | |||||||
USA Tables (h)
| Table 2. Steady-state analysis of USA | ||||||||||||
| y | k | |||||||||||
| 115,120 | 364,003 | |||||||||||
| alpha | d | n | h | s | A | y* | c* | y*/y | ||||
| 0.40 | 0.05 | 0.01 | 3.74 | 0.20 | 14,152 | 116,962 | 93,027 | 1.02 | ||||
| New Steady-State from Policy Intervention | ||||||||||||
| alpha | d | n | h | s | A | y* | c* | y*/y | ||||
| 0.40 | 0.05 | 0.01 | 4.80 | 0.20 | 14,152 | 150,182 | 119,449 | 1.30 | ||||
| Table 3. Five-year Growth Projection (as h increases by x % per year for 5 years) | ||||||||||||
| growth of h | 5% | (enter value in decimmal form!) | ||||||||||
| time | h | k_tilde | % gk _tilde | y | % gy | |||||||
| 0 | 3.74 | 7 | 0.2% | 115,120 | ||||||||
| 1 | 3.93 | 7 | 0.1% | 121,095 | 5.06% | |||||||
| 2 | 4.13 | 7 | 0.1% | 127,378 | 5.06% | |||||||
| 3 | 4.34 | 7 | 0.1% | 133,984 | 5.06% | |||||||
| 4 | 4.57 | 7 | 0.1% | 140,930 | 5.05% | |||||||
| 5 | 4.80 | 7 | 0.1% | 148,232 | 5.05% | |||||||