Largest share of cross-country income dierences

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OPEN QUESTION

1. Which input of production explains the largest share of cross-country income dierences? Which one comes second? Which one third? How do we know?

2. Can the simplest Solow model (with g = 0) match the empirical evidence shown in class? Why? Why not?

3. Which model among the ones studied in class best matches the empirical evidence? Why?

Reference no: EM131427049

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