Thank you Jasmine.

By drawing reference to the General Production function, we

can manipulate and derive this Growth Per Capita Output equation,
-

Given this equation (points to slide), labor productivity growth or per

capita output growth (Y/N) can be attributed to Total Factor Productivity
growth and Capital per worker growth.

From this equation, we see that capital per worker growth (or CPWG for short) is
equal to K/K N/N. Thus to calculate the respective countrys capital per worker
growth at different time periods, we only need to plug the values from the table into
the above formula, since the values are growth rates and not absolute values.
Firstly, for USA,

1. CPWG for 1950-1973

= 3.27% - 1.45%
= 1.82%

2. CPWG for 1973-1998

= 3.23%-0.98%
= 2.25%

Next, for Japan,

1.

CPWG for 1950-1973

= 9.18% - 1.15%
= 8.03%

2.

CPWG for 1973-1998

= 6.47% - 0.61%
= 5.86%

One thing no note is that our team did not multiply each final value we get by
alpha, as it only represents how much CPWG contributes to 1% growth in labor
productivity growth. With that, Ill pass the time to Clement to continue. Thankyou!