Compute the growth of total factor productivity

Reference no: EM13495575

GDP per worker rose 4% last year. The labor force grew by 2.2%, employment rose by 1.9%, the stock of capital expanded by 4.8%, and the share of capital income in GDP was 35%. Compute the growth of total factor productivity. Show any workings

Reference no: EM13495575

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Compute the growth of total factor productivity : GDP per worker rose 4% last year. The labor force grew by 2.2%, employment rose by 1.9%, the stock of capital expanded by 4.8%, and the share of capital income in GDP was 35%. Compute the growth of total factor productivity. Show any workin..

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