1. Copyright © 2009 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Chapter 3 PHYSICAL CAPITAL

2. Copyright © 2009 Pearson Education, Inc. Publishing as Pearson Addison-Wesley 3-2 Figure 3.1 GDP and Capital per Worker, 2005

3. Copyright © 2009 Pearson Education, Inc. Publishing as Pearson Addison-Wesley 3-3 Figure 3.2 A Production Function with Diminishing Marginal Product of Capital

4. Copyright © 2009 Pearson Education, Inc. Publishing as Pearson Addison-Wesley 3-4 Figure 3.3 Capital’s Share of Income in a Cross-Section of Countries

5. Copyright © 2009 Pearson Education, Inc. Publishing as Pearson Addison-Wesley 3-5 Table 3.1 Agricultural Land as a Fraction of Total Wealth in the United Kingdom

6. Copyright © 2009 Pearson Education, Inc. Publishing as Pearson Addison-Wesley 3-6 Equation 3.1

7. Copyright © 2009 Pearson Education, Inc. Publishing as Pearson Addison-Wesley 3-7 Figure 3.4 The Steady State of the Solow Model

8. Copyright © 2009 Pearson Education, Inc. Publishing as Pearson Addison-Wesley 3-8 Figure 3.5 Determination of Steady-State Weight

9. Copyright © 2009 Pearson Education, Inc. Publishing as Pearson Addison-Wesley 3-9 Figure 3.6 Effect of Increasing the Investment Rate on the Steady State

10. Copyright © 2009 Pearson Education, Inc. Publishing as Pearson Addison-Wesley 3-10 Equation 3.2

11. Copyright © 2009 Pearson Education, Inc. Publishing as Pearson Addison-Wesley 3-11 Equation 3.3

12. Copyright © 2009 Pearson Education, Inc. Publishing as Pearson Addison-Wesley 3-12 Figure 3.7 Predicted Versus Actual GDP per Worker

13. Copyright © 2009 Pearson Education, Inc. Publishing as Pearson Addison-Wesley 3-13 Figure 3.8 Saving Rate by Decile of Income per Capita

14. Copyright © 2009 Pearson Education, Inc. Publishing as Pearson Addison-Wesley 3-14 Figure 3.9 Solow Model with Saving Dependent on Income Level

15. Copyright © 2009 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Chapter 3 Appendix: Further Exploration of the Cobb-Douglas Production Function and the Speed of Convergence in the Solow Model

16. Copyright © 2009 Pearson Education, Inc. Publishing as Pearson Addison-Wesley 3-16 Figure 3.10 Speed of Convergence to the Steady State