Solow Growth Model Cross-Country Comparison

INPUT PARAMETERS HERE

Model Parameter Country A Country B
Saving Rate 0.4 0.4
Depreciation Rate 0.1 0.1
Capital Share 0.33 0.33
Labor Supply 100 100
Total Factor Productivity 10 10
Steady-state Level of Capital 24611.29 24611.29
Steady-state Level of Output 6152.82 6152.82
Steady-state per capita Capital 246.11 246.11
Steady-state per capita Output 61.53 61.53
Investment, Depreciation

3500

3000

2500

2000 Investme
nt of
Country
A
1500
Deprecia
tion of
Country
1000 A
Investme
nt of
Country
500 B

Capital, K
Model Parameter Country A Country B Country A Capital Grid Output of A Investment of Co
Saving Rate 0.4 0.4 0 0 0
Depreciation Rate 0.1 0.1 500 1700.82684 680.3307372336
Capital Share 0.33 0.33 1000 2137.96209 855.1848358009
Labor Supply 100 100 1500 2444.05016 977.6200654991
Total Factor Productivity 10 10 2000 2687.44694 1074.97877629
Steady-state Level of Capital 24611.2865 24611.2865 2500 2892.81195 1157.124780062
3000 3072.20374 1228.881497533
3500 3232.52919 1293.011674068
4000 3378.15675 1351.262699124
4500 3512.04547 1404.81818645
5000 3636.30331 1454.521324528
5500 3752.49124 1500.996497573
6000 3861.8012 1544.720478102
6500 3965.16631 1586.066524545
7000 4063.33242 1625.332967717
7500 4156.90612 1662.762449738
8000 4246.38821 1698.555285291
8500 4332.19748 1732.87899236
9000 4414.68812 1765.875249139
9500 4494.16269 1797.665075134
10000 4570.8819 1828.35275846
10500 4645.0722 1858.02887965
11000 4716.93168 1886.772672559
11500 4786.63473 1914.65389092
12000 4854.33575 1941.734300872
12500 4920.17222 1968.068886727
13000 4984.26709 1993.706834235
13500 5046.73085 2018.692339311
14000 5107.6632 2043.065278471
14500 5167.15442 2066.861768675
15000 5225.28659 2090.114637974
15500 5282.13456 2112.85382365
16000 5337.76678 2135.106710975
16500 5392.24606 2156.898423019
17000 5445.63017 2178.252069825
17500 5497.97241 2199.188963676
18000 5549.32201 2219.728805904
18500 5599.72462 2239.889849666
19000 5649.22261 2259.689042354
19500 5697.85538 2279.14215065
20000 5745.65968 2298.263870727
20500 5792.66981 2317.067925684
21000 5838.91788 2335.567151968
21500 5884.43394 2353.773576264
22000 5929.24621 2371.698484089
22500 5973.3812 2389.352481166
23000 6016.86387 2406.745548466
23500 6059.71773 2423.887091707
24000 6101.96496 2440.785985963
24500 6143.62654 2457.450615968
25000 6184.72228 2473.888912596
25500 6225.27096 2490.108385962
26000 6265.29039 2506.116155509
26500 6304.79744 2521.918977407
27000 6343.80817 2537.523269559
27500 6382.33784 2552.935134446
28000 6420.40095 2568.160380059
28500 6458.01135 2583.204539081
29000 6495.18222 2598.072886512
29500 6531.92614 2612.770455889
30000 6568.25514 2627.302054217
Depreciation of Country A Country B Capital Grid Output of B Investment of Co Depreciation of Country B
0 0 0 0 0
50 500 1700.82684 680.3307372336 50
100 1000 2137.96209 855.1848358009 100
150 1500 2444.05016 977.6200654991 150
200 2000 2687.44694 1074.97877629 200
250 2500 2892.81195 1157.124780062 250
300 3000 3072.20374 1228.881497533 300
350 3500 3232.52919 1293.011674068 350
400 4000 3378.15675 1351.262699124 400
450 4500 3512.04547 1404.81818645 450
500 5000 3636.30331 1454.521324528 500
550 5500 3752.49124 1500.996497573 550
600 6000 3861.8012 1544.720478102 600
650 6500 3965.16631 1586.066524545 650
700 7000 4063.33242 1625.332967717 700
750 7500 4156.90612 1662.762449738 750
800 8000 4246.38821 1698.555285291 800
850 8500 4332.19748 1732.87899236 850
900 9000 4414.68812 1765.875249139 900
950 9500 4494.16269 1797.665075134 950
1000 10000 4570.8819 1828.35275846 1000
1050 10500 4645.0722 1858.02887965 1050
1100 11000 4716.93168 1886.772672559 1100
1150 11500 4786.63473 1914.65389092 1150
1200 12000 4854.33575 1941.734300872 1200
1250 12500 4920.17222 1968.068886727 1250
1300 13000 4984.26709 1993.706834235 1300
1350 13500 5046.73085 2018.692339311 1350
1400 14000 5107.6632 2043.065278471 1400
1450 14500 5167.15442 2066.861768675 1450
1500 15000 5225.28659 2090.114637974 1500
1550 15500 5282.13456 2112.85382365 1550
1600 16000 5337.76678 2135.106710975 1600
1650 16500 5392.24606 2156.898423019 1650
1700 17000 5445.63017 2178.252069825 1700
1750 17500 5497.97241 2199.188963676 1750
1800 18000 5549.32201 2219.728805904 1800
1850 18500 5599.72462 2239.889849666 1850
1900 19000 5649.22261 2259.689042354 1900
1950 19500 5697.85538 2279.14215065 1950
2000 20000 5745.65968 2298.263870727 2000
2050 20500 5792.66981 2317.067925684 2050
2100 21000 5838.91788 2335.567151968 2100
2150 21500 5884.43394 2353.773576264 2150
2200 22000 5929.24621 2371.698484089 2200
2250 22500 5973.3812 2389.352481166 2250
2300 23000 6016.86387 2406.745548466 2300
2350 23500 6059.71773 2423.887091707 2350
2400 24000 6101.96496 2440.785985963 2400
2450 24500 6143.62654 2457.450615968 2450
2500 25000 6184.72228 2473.888912596 2500
2550 25500 6225.27096 2490.108385962 2550
2600 26000 6265.29039 2506.116155509 2600
2650 26500 6304.79744 2521.918977407 2650
2700 27000 6343.80817 2537.523269559 2700
2750 27500 6382.33784 2552.935134446 2750
2800 28000 6420.40095 2568.160380059 2800
2850 28500 6458.01135 2583.204539081 2850
2900 29000 6495.18222 2598.072886512 2900
2950 29500 6531.92614 2612.770455889 2950
3000 30000 6568.25514 2627.302054217 3000