_新古典经济增长理论教材.ppt

* Of course, “actual investment” and “break-even investment” here are in “per worker” magnitudes. * * * This and the preceding slide establish an implication of the model. Let’s next see whether it is consistent with the data. * Figure 7-13 on p. 203. The model predicts that faster population growth should be associated with a lower long-run income per capital The data is consistent with this prediction. So far, we’ve now learned two things a poor country can do to raise its standard of living: increase national saving (perhaps by reducing its budget deficit) and reduce population g