Week 7 tutorial questions.
Use the following diagram to address the following questions:
(i) Suppose that all these countries produce by means of an aggregate Constant Economies of Scale technology, where the share of capital is 0.4 and the share of labour is 0.6. Suppose that labour input has increased by 2% annually in East Asia and the Pacific, while the annual growth rate of capital is 1%. What has been the annual growth rate of output in this world region?
(ii) Why is growth in TFP so different in these countries? Discuss the role of income.
(i) Explain how to measure technological achievements in LMIC.
(ii) What are the trends of technology innovation in LMIC? Is the gap narrowing or widening? Explain by referring to the following diagram
Older technologies have become widely diffused in many countries, but large disparities remain. Consider one type of technology as a case study and illustrate this trends and facts.
(i) Explain what the external channels of technology transmission are
(ii) Use diagram and tables to illustrate the evidence supporting the role of FDI for development.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more