d. Separate each country's growth experience into two periods: 1980-1995 and 1995-2019. De- compose the growth in output per worker into contributions from TFP, capital per worker, and these two periods. Report your findings in the tables below. Please report the annual growth rate for each period. China 1980-1995 1995-2019 Brazil 1980-1995 1995-2019 Y/L Y/L ak/L ak/L TFP TFP
d. Separate each country's growth experience into two periods: 1980-1995 and 1995-2019. De- compose the growth in output per worker into contributions from TFP, capital per worker, and these two periods. Report your findings in the tables below. Please report the annual growth rate for each period. China 1980-1995 1995-2019 Brazil 1980-1995 1995-2019 Y/L Y/L ak/L ak/L TFP TFP
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Please only do the Brazil table and only the row labeled as 1980-1995. Please do the math manually and explain what formulas were used and why

Transcribed Image Text:d. Separate each country's growth experience into two periods: 1980-1995 and 1995-2019. De-
compose the growth in output per worker into contributions from TFP, capital per worker, and
these two periods. Report your findings in the tables below. Please report the annual growth
rate for each period.
China
1980-1995
1995-2019
Brazil
1980-1995
1995-2019
Y/L
Y/L
ak/L
ak/L
TFP
A
TFP

Transcribed Image Text:Country Year
Brazil
Brazil
Brazil
Brazil
Brazil
Brazil
Brazil
Brazil
Brazil
Brazil
Brazil
Brazil
Brazil
Brazil
Brazil
Brazil
Brazil
Brazil
Brazil
Brazil
Brazil
Brazil
Brazil
Brazil
3 Brazil
Brazil
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
Real GDP Employment Real capital stock
million $
millions
millions of $
1341770.13
1284744.75
1295408.25
1257452.75
1325355.25
1429382.25
1536443.13
1590679.50
1589725.13
1639960.25
1568622.13
1584778.88
1569940.13
1645865.50
1742186.75
1815769.50
1854818.13
1917423.00
1918100.88
1922974.13
2005781.25
2032119.38
2086134.88
2110055.00
2228845.00
2300215.50
43.31
45.12
47.56
48.10
49.83
53.52
55.02
56.98
58.94
60.16
61.63
61.45
61.27
61.98
62.46
62.93
61.78
62.80
62.61
65.89
68.13
68.46
71.25
72.30
76.16
78.41
4864919.00
5134427.50
5358612.00
5497325.00
5636437.50
5812272.00
6086334.00
6344587.00
6568494.00
6792520.50
6967859.00
7175984.50
7342351.50
7532847.00
7787762.50
8064328.50
8321744.00
8609659.00
8872492.00
9062699.00
9271773.00
9471979.00
9629394.00
9753476.00
9915966.00
10079144.00
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