1. Copyright © 2002 Pearson Education, Inc. Slide 1

2. Copyright © 2002 Pearson Education, Inc. Slide 2 Economic Growth Chapter 8

3. Copyright © 2002 Pearson Education, Inc. Slide 3 Figure 8-1 Natural Log of the Solow Residual, 1948-1999

4. Copyright © 2002 Pearson Education, Inc. Slide 4 Table 8-1

5. Copyright © 2002 Pearson Education, Inc. Slide 5 Figure 8-2 Percentage Deviations from Trend in Real GDP (black line) and the Solow Residual (colored line), 1948-1999

6. Copyright © 2002 Pearson Education, Inc. Slide 6 Table 8-2

7. Copyright © 2002 Pearson Education, Inc. Slide 7 Table 8-3

8. Copyright © 2002 Pearson Education, Inc. Slide 8 Table 8-4

9. Copyright © 2002 Pearson Education, Inc. Slide 9 Figure 8-3 The Per-Worker Production Function

10. Copyright © 2002 Pearson Education, Inc. Slide 10 Figure 8-4 Determination of the Steady State Quantity of Capital per Worker

11. Copyright © 2002 Pearson Education, Inc. Slide 11 Figure 8-5 Determination of the Steady State Quantity of Capital per Worker

12. Copyright © 2002 Pearson Education, Inc. Slide 12 Figure 8-6 Effect of an Increase in the Savings Rate on the Steady State Quantity of Capital per Worker

13. Copyright © 2002 Pearson Education, Inc. Slide 13 Figure 8-7 Effect of an Increase in the Savings Rate at Time T

14. Copyright © 2002 Pearson Education, Inc. Slide 14 Figure 8-8 Steady State Consumption per Worker

15. Copyright © 2002 Pearson Education, Inc. Slide 15 Figure 8-9 The Golden Rule Quantity of Capital per Worker

16. Copyright © 2002 Pearson Education, Inc. Slide 16 Figure 8-10 Steady State Effects of an Increase in the Labor Force Growth Rate n

17. Copyright © 2002 Pearson Education, Inc. Slide 17 Figure 8-11 Income per Worker vs. the Investment Rate

18. Copyright © 2002 Pearson Education, Inc. Slide 18 Figure 8-12 Income per Worker vs. Population Growth Rate

19. Copyright © 2002 Pearson Education, Inc. Slide 19 Figure 8-13 Increases in Total Factor Productivity in the Solow Growth Model

20. Copyright © 2002 Pearson Education, Inc. Slide 20 Figure 8-14 Rich and Poor Countries and the Steady State

21. Copyright © 2002 Pearson Education, Inc. Slide 21 Figure 8-15 Convergence in Income per Worker Across Countries in the Solow Growth Model

22. Copyright © 2002 Pearson Education, Inc. Slide 22 Figure 8-16 Convergence in Aggregate Output Across Countries in the Solow Growth Model

23. Copyright © 2002 Pearson Education, Inc. Slide 23 Figure 8-17 Growth Rate in Income per Worker vs. Income per Worker for Countries in the World

24. Copyright © 2002 Pearson Education, Inc. Slide 24 Figure 8-18 Convergence Among the Rich Countries

25. Copyright © 2002 Pearson Education, Inc. Slide 25 Figure 8-19 No Convergence Among the Poor Countries

26. Copyright © 2002 Pearson Education, Inc. Slide 26 Figure 8-20 Determination of the Equilibrium Real Wage in the Endogenous Growth Model

27. Copyright © 2002 Pearson Education, Inc. Slide 27 Figure 8-21 Human Capital Accumulation in the Endogenous Growth Model

28. Copyright © 2002 Pearson Education, Inc. Slide 28 Figure 8-22 Effect of a Decrease in u on the Consumption Path in the Endogenous Growth Model

29. Copyright © 2002 Pearson Education, Inc. Slide 29 Figure 8-23 No Convergence in the Endogenous Growth Model

30. Copyright © 2002 Pearson Education, Inc. Slide 30 Figure 8-24 Growth and Education

31. Copyright © 2002 Pearson Education, Inc. Slide 31 Figure 8-25 Income per Worker and Education