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Figure 2.1: The importance of growth in GDP per worker for the level of GDP per worker

Figure 2.1: The importance of growth in GDP per worker for the level of GDP per worker. Figure 2.1: The importance of growth in GDP per worker for the level of GDP per worker (cont.). Figure 2.1: The importance of growth in GDP per worker for the level of GDP per worker (cont.).

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Figure 2.1: The importance of growth in GDP per worker for the level of GDP per worker

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  1. Figure 2.1: The importance of growth in GDP per worker for the level of GDP per worker

  2. Figure 2.1: The importance of growth in GDP per worker for the level of GDP per worker (cont.)

  3. Figure 2.1: The importance of growth in GDP per worker for the level of GDP per worker (cont.) Source: Penn World Table 6.1

  4. Table 2.1: GDP per capita and per worker (2000) Source: Penn World Table 6.1

  5. Figure 2.2: Lorenz curves for the world, 1960 and 1998, 104 countries Source: Penn World Table 6.1

  6. Table 2.2: The world’s prosperity ‘Top 15’ and ‘Bottom 15’, 1960 and 1998

  7. Table 2.2: The world’s prosperity ‘Top 15’ and ‘Bottom 15’, 1960 and 1998 (cont.) Source: Penn World Table 6.1

  8. Table 2.3: World growth ‘bottom 20’ and ‘top 20’, 1960–1998

  9. Table 2.3: World growth ‘bottom 20’ and ‘top 20’, 1960–1998 (cont.)

  10. Figure 2.3: Convergence of GDP per worker among selected countries, 1950–2000 Source: Penn World Table 6.1

  11. Figure 2.4: Average annual growth rate of GDP per worker against initial level of GDP per worker, 24 OECD countries Source: Penn World Table 6.1

  12. Figure 2.5: Average annual growth rate of GDP per worker against initial level of GDP per worker,90 countries Source: Penn World Table 6.1

  13. Figure 2.6: Average annual growth rate of GDP per worker adjusted for structural characteristics against the initial level of GDP per worker, 90 countries Source: Penn World Table 6.1

  14. Figure 2.7: Club convergence

  15. Figure 2.8: GDP per capita, Western countries

  16. Figure 2.8: GDP per capita, Western countries (cont.)

  17. Figure 2.8: GDP per capita, Western countries (cont.) Source: Angus Maddison, Monitoring the World Economy 1820–1992, OECD, 1995.

  18. Figure 2.9: Labour’s share of domestic factor incomes

  19. Figure 2.9: Labour’s share of domestic factor incomes (cont.)

  20. Figure 2.9: Labour’s share of domestic factor incomes (cont.) Source: USA: Bureau of Economic Analysis. Denmark: ADAM database, Statistics Denmark. Remaining countries: OECD National Accounts.

  21. Figure 2.10: Real interest rates, Western countries

  22. Figure 2.10: Real interest rates, Western countries (cont.)

  23. Figure 2.10: Real interest rates, Western countries (cont.) Source: Interest rates from S. Homer and R. Sylla, A History of Interest Rates, Rutgers University Press, 1991. Consumer price indices from B.R. Mitchell, International Historical Statistics, 1750–1993, Macmillan, 1998.

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