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{"sheet":"Solow model finished","index":0,"n_rows":32,"n_cols":52,"rows_kept":32,"cut":false,"hidden":false,"merged":[],"flags":["formulas_cached_only"]}
["Year",0,1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,40,41,42,43,44,45,46,47,48,49,50]
["PARAMETERS"]
["s (savings rate)",0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03]
["n (labor force growth rate)",0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015]
["g (labor productivity growth rate)",0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01]
["d (capital depreciation rate)",0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05]
["A (C-D technology index)",1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1]
["q (C-D parameter)",0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3]
["EFFECTIVE LABOR SUPPLY"]
["AN (AN(t)=AN(t-1) + DAN)",10,10.25,10.50625,10.768906249999999,11.038128906249998,11.314082128906248,11.596934182128905,11.886857536682127,12.18402897509918,12.48862969947666,12.800845441963576,13.120866578012665,13.448888242462981,13.785110448524556,14.12973820973767,14.482981664981113,14.84505620660564,15.216182611770781,15.59658717706505,15.986501856491676,16.38616440290397,16.795818512976567,17.21571397580098,17.646106825196004,18.087259495825904,18.539440983221553,19.002927007802093,19.478000182997146,19.964950187572075,20.464073942261376,20.97567579081791,21.50006768558836,22.03756937772807,22.58850861217127,23.153221327475553,23.73205186066244,24.325353157179002,24.933486986108477,25.556824160761188,26.19574476478022,26.850638383899724,27.52190434349722,28.20995195208465,28.91520075088677,29.638080769658938,30.37903278890041,31.13850860862292,31.916971323838492,32.714895606934455,33.53276799710782,34.371087197035514]
["(n+g)AN (Change in effective labor supply)",0.25,0.25625000000000003,0.26265625,0.26922265624999997,0.27595322265624994,0.2828520532226562,0.28992335455322266,0.2971714384170532,0.30460072437747954,0.3122157424869165,0.32002113604908944,0.32802166445031666,0.33622220606157455,0.3446277612131139,0.3532434552434418,0.36207454162452785,0.37112640516514106,0.3804045652942696,0.3899146794266263,0.39966254641229193,0.4096541100725992,0.4198954628244142,0.43039284939502453,0.4411526706299001,0.4521814873956476,0.46348602458053884,0.4750731751950523,0.48695000457492865,0.4991237546893019,0.5116018485565345,0.5243918947704478,0.537501692139709,0.5509392344432017,0.5647127153042818,0.5788305331868888,0.593301296516561,0.6081338289294751,0.623337174652712,0.6389206040190297,0.6548936191195055,0.6712659595974931,0.6880476085874305,0.7052487988021163,0.7228800187721692,0.7409520192414735,0.7594758197225103,0.7784627152155731,0.7979242830959623,0.8178723901733614,0.8383191999276955,0.8592771799258879]
["BALANCED GROWTH PATH"]
["K* (K*=Y* (s/(n+g+d))",2.70093587460062,2.7684592714656344,2.8376707532522767,2.908612522083583,2.981327835135671,3.0558610310140635,3.1322575567894164,3.2105639957091503,3.290828095601879,3.3730987979919256,3.457426267941724,3.5438619246402667,3.6324584727562743,3.7232699345751805,3.8163516829395596,3.911760475013048,4.009554486888375,4.109793349060586,4.2125381827871,4.317851637356778,4.425797928290695,4.536442876497965,4.649853948410413,4.766100297120672,4.88525280454869,5.007384124662406,5.132568727778965,5.260882945973441,5.392405019622779,5.527215145113348,5.665395523741179,5.807030411834709,5.9522061721305795,6.101011326433845,6.25353660959469,6.409875024834555,6.570121900455417,6.734374947966806,6.9027343216659744,7.075302679707626,7.252185246700314,7.433489877867822,7.619327124814519,7.80981030293488,8.005055560508255,8.205181949520966,8.410311498258986,8.62056928571546,8.836083517858341,9.056985605804805,9.283410245949923]
["Y* (Y*= A(K*^q)(AN)^(1-q))",6.752339686501551,6.921148178664088,7.094176883130693,7.271531305208958,7.45331958783918,7.63965257753516,7.830643891973542,8.026409989272878,8.2270702390047,8.432746994979816,8.643565669854311,8.859654811600668,9.081146181890688,9.308174836437953,9.540879207348901,9.779401187532622,10.023886217220939,10.274483372651467,10.53134545696775,10.794629093391947,11.06449482072674,11.341107191244914,11.624634871026034,11.915250742801682,12.213132011371728,12.518460311656018,12.831421819447415,13.152207364933608,13.48101254905695,13.818037862783374,14.16348880935295,14.517576029586774,14.88051543032645,15.252528316084616,15.633841523986728,16.024687562086392,16.425304751138547,16.83593736991702,17.25683580416494,17.68825669926907,18.13046311675079,18.58372469466956,19.048317812036302,19.524525757337205,20.012638901270645,20.51295487380242,21.02577874564747,21.551423214288654,22.09020879464586,22.64246401451202,23.208525614874816]
["Y* growth rate (Y*(t) - Y*(t-1))/Y*(t-1)","--",0.024999999999999706,0.025000000000000473,0.024999999999999675,0.024999999999999665,0.02500000000000013,0.02500000000000044,0.02499999999999962,0.025,0.024999999999999793,0.025000000000000022,0.024999999999999918,0.025000000000000307,0.024999999999999765,0.024999999999999932,0.02499999999999987,0.025000000000000123,0.02500000000000045,0.024999999999999706,0.025000000000000248,0.02499999999999944,0.02500000000000054,0.02499999999999972,0.02499999999999975,0.025000000000000373,0.024999999999999675,0.024999999999999793,0.025000000000000522,0.025000000000000234,0.024999999999999956,0.0249999999999994,0.02500000000000001,0.02500000000000052,0.02500000000000027,0.024999999999999776,0.02499999999999971,0.024999999999999745,0.025000000000000487,0.024999999999999703,0.025000000000000303,0.02499999999999967,0.02500000000000002,0.025000000000000206,0.02499999999999976,0.025000000000000487,0.02500000000000052,0.024999999999999505,0.024999999999999797,0.024999999999999547,0.025000000000000515,0.024999999999999856]
["K*/Y* (capital to output ratio)",0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.39999999999999986,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.39999999999999986,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.39999999999999997,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.39999999999999986,0.3999999999999999,0.39999999999999986,0.3999999999999999,0.39999999999999986,0.39999999999999986,0.39999999999999986]
["ACTUAL GDP PATH"]
["Investment"]
["S (Total saving)",0.20257019059504652,0.20763444535992262,0.21282530649392079,0.21814593915626873,0.22359958763517537,0.2291895773260548,0.23491931675920627,0.24079229967818633,0.246812107170141,0.25298240984939446,0.2593069700956293,0.26578964434802005,0.2724343854567206,0.2792452450931386,0.28622637622046704,0.29338203562597864,0.30071658651662814,0.308234501179544,0.3159403637090325,0.3238388728017584,0.33193484462180217,0.34023321573734744,0.348739046130781,0.3574575222840504,0.36639396034115185,0.3755538093496805,0.38494265458342247,0.3945662209480082,0.4044303764717085,0.4145411358835012,0.4249046642805885,0.43552728088760323,0.4464154629097935,0.4575758494825385,0.46901524571960185,0.4807406268625917,0.4927591425341564,0.5050781210975106,0.5177050741249482,0.530647700978072,0.5439138935025236,0.5575117408400868,0.571449534361089,0.5857357727201161,0.6003791670381193,0.6153886462140726,0.6307733623694242,0.6465426964286596,0.6627062638393758,0.6792739204353605,0.6962557684462445]
["I (Gross investment)",0.20257019059504652,0.20763444535992262,0.21282530649392079,0.21814593915626873,0.22359958763517537,0.2291895773260548,0.23491931675920627,0.24079229967818633,0.246812107170141,0.25298240984939446,0.2593069700956293,0.26578964434802005,0.2724343854567206,0.2792452450931386,0.28622637622046704,0.29338203562597864,0.30071658651662814,0.308234501179544,0.3159403637090325,0.3238388728017584,0.33193484462180217,0.34023321573734744,0.348739046130781,0.3574575222840504,0.36639396034115185,0.3755538093496805,0.38494265458342247,0.3945662209480082,0.4044303764717085,0.4145411358835012,0.4249046642805885,0.43552728088760323,0.4464154629097935,0.4575758494825385,0.46901524571960185,0.4807406268625917,0.4927591425341564,0.5050781210975106,0.5177050741249482,0.530647700978072,0.5439138935025236,0.5575117408400868,0.571449534361089,0.5857357727201161,0.6003791670381193,0.6153886462140726,0.6307733623694242,0.6465426964286596,0.6627062638393758,0.6792739204353605,0.6962557684462445]
["dK (capital depreciation)",0.13504679373008094,0.13842296357332923,0.1418835376626589,0.14543062610422197,0.14906639175682432,0.15279305155074185,0.1566128778395075,0.16052819978549246,0.16454140478012713,0.16865493989962785,0.17287131339711617,0.17719309623204182,0.18162292363784074,0.18616349672878474,0.19081758414700245,0.19558802375067566,0.2004777243444408,0.20548966745305017,0.21062690913937485,0.2158925818678577,0.22128989641455277,0.22682214382491522,0.23249269742053685,0.23830501485604905,0.24426264022744915,0.2503692062331343,0.2566284363889616,0.26304414729868464,0.26962025098115083,0.2763607572556787,0.28326977618706983,0.29035152059174574,0.29761030860653864,0.30505056632170136,0.3126768304797432,0.3204937512417361,0.32850609502277894,0.3367187473983478,0.34513671608330593,0.35376513398538806,0.3626092623350223,0.37167449389339735,0.3809663562407318,0.39049051514674965,0.4002527780254179,0.41025909747605305,0.42051557491295405,0.43102846428577757,0.44180417589292165,0.45284928029024435,0.4641705122975001]
["DK (Net investment)",0.06752339686496558,0.06921148178659339,0.07094176883126188,0.07271531305204676,0.07453319587835106,0.07639652577531295,0.07830643891969877,0.08026409989269387,0.08227070239001386,0.08432746994976661,0.08643565669851314,0.08859654811597822,0.09081146181887986,0.09308174836435384,0.09540879207346459,0.09779401187530298,0.10023886217218733,0.10274483372649382,0.10531345456965766,0.10794629093390068,0.1106449482072494,0.11341107191243222,0.11624634871024414,0.11915250742800138,0.1221313201137027,0.12518460311654622,0.12831421819446087,0.13152207364932356,0.13481012549055765,0.1381803786278225,0.14163488809351865,0.1451757602958575,0.14880515430325486,0.15252528316083713,0.15633841523985864,0.1602468756208556,0.16425304751137748,0.16835937369916282,0.17256835804164222,0.17688256699268395,0.18130463116750134,0.18583724694668946,0.19048317812035725,0.19524525757336647,0.2001263890127014,0.20512954873801958,0.2102577874564701,0.215514232142882,0.22090208794645416,0.22642464014511615,0.23208525614874437]
["Capital stock"]
["K (K(t) = K(t-1) + DK(t-1))",2.7009358746016185,2.7684592714665843,2.8376707532531777,2.9086125220844394,2.981327835136486,3.055861031014837,3.13225755679015,3.210563995709849,3.2908280956025426,3.3730987979925566,3.4574262679423233,3.5438619246408365,3.6324584727568148,3.7232699345756948,3.8163516829400486,3.911760475013513,4.009554486888816,4.109793349061003,4.212538182787497,4.317851637357154,4.425797928291055,4.536442876498304,4.649853948410737,4.766100297120981,4.8852528045489825,5.007384124662686,5.132568727779232,5.260882945973693,5.392405019623016,5.527215145113574,5.665395523741396,5.807030411834915,5.952206172130772,6.101011326434027,6.253536609594864,6.409875024834722,6.570121900455578,6.7343749479669555,6.902734321666118,7.075302679707761,7.252185246700445,7.433489877867946,7.619327124814635,7.809810302934992,8.005055560508358,8.20518194952106,8.41031149825908,8.62056928571555,8.836083517858432,9.056985605804886,9.283410245950002]
["Output"]
["Y* (Y*= A(K*^q)(AN)^(1-q))",6.7523396865022995,6.9211481786648,7.094176883131369,7.2715313052096,7.453319587839791,7.63965257753574,7.830643891974093,8.026409989273402,8.227070239005199,8.432746994980288,8.64356566985476,8.859654811601095,9.081146181891093,9.308174836438338,9.540879207349269,9.779401187532972,10.02388621722127,10.274483372651778,10.531345456968047,10.794629093392228,11.06449482072701,11.34110719124517,11.624634871026279,11.915250742801915,12.213132011371947,12.518460311656229,12.831421819447616,13.152207364933794,13.48101254905713,13.818037862783543,14.163488809353115,14.517576029586928,14.880515430326595,15.252528316084755,15.633841523986858,16.024687562086516,16.42530475113867,16.83593736991713,17.25683580416505,17.68825669926917,18.13046311675089,18.583724694669655,19.04831781203639,19.524525757337287,20.012638901270723,20.512954873802492,21.025778745647543,21.55142321428872,22.09020879464593,22.64246401451208,23.208525614874876]
["Y growth rate  (Y(t) - Y(t-1))/Y(t-1)","--",0.024999999999991543,0.024999999999992636,0.024999999999992535,0.02499999999999318,0.02499999999999391,0.024999999999994704,0.02499999999999446,0.02499999999999527,0.02499999999999504,0.024999999999995883,0.024999999999995946,0.0249999999999967,0.024999999999996497,0.02499999999999699,0.024999999999997045,0.02499999999999723,0.024999999999997673,0.024999999999997566,0.024999999999998027,0.024999999999997802,0.024999999999998645,0.024999999999998218,0.024999999999998156,0.024999999999998693,0.02499999999999865,0.02499999999999852,0.024999999999999023,0.02499999999999934,0.024999999999998832,0.02499999999999884,0.024999999999998964,0.02499999999999952,0.02499999999999967,0.024999999999998967,0.024999999999999162,0.02499999999999933,0.024999999999999654,0.02499999999999954,0.02499999999999973,0.02499999999999932,0.024999999999999686,0.024999999999999693,0.02499999999999927,0.0250000000000002,0.025000000000000067,0.02499999999999942,0.024999999999999543,0.024999999999999467,0.025000000000000116,0.02499999999999979]
["K/Y (capital to output ratio)",0.4000000000001035,0.400000000000096,0.40000000000008884,0.4000000000000824,0.40000000000007646,0.4000000000000708,0.40000000000006547,0.4000000000000608,0.40000000000005626,0.4000000000000523,0.4000000000000485,0.400000000000045,0.4000000000000416,0.4000000000000386,0.40000000000003577,0.40000000000003316,0.4000000000000307,0.4000000000000284,0.4000000000000264,0.40000000000002434,0.40000000000002267,0.40000000000002084,0.4000000000000194,0.40000000000001806,0.4000000000000167,0.4000000000000155,0.4000000000000144,0.4000000000000133,0.4000000000000122,0.40000000000001135,0.4000000000000106,0.40000000000000985,0.400000000000009,0.40000000000000824,0.40000000000000774,0.40000000000000724,0.40000000000000674,0.4000000000000062,0.4000000000000057,0.40000000000000524,0.4000000000000049,0.4000000000000045,0.40000000000000413,0.40000000000000396,0.40000000000000346,0.4000000000000031,0.400000000000003,0.40000000000000285,0.40000000000000274,0.4000000000000024,0.4000000000000022]
["Comparison to steady state"]
["(Y-Y*)/Y*",1.1088518092535889e-13,1.0291920852025328e-13,9.527585631520311e-14,8.83105594255208e-14,8.198585147894388e-14,7.591713133260117e-14,7.032252108648669e-14,6.528762775928743e-14,6.067242133231838e-14,5.603285851713112e-14,5.199454687267256e-14,4.8119892989266034e-14,4.459892520956363e-14,4.1411924563437355e-14,3.8540039944392644e-14,3.57836119667508e-14,3.2961504646852285e-14,3.0255774000520054e-14,2.8168441856930174e-14,2.600037279623173e-14,2.4402943285132603e-14,2.2554710096656568e-14,2.1087737082239884e-14,1.952982366753924e-14,1.7889914809959605e-14,1.6885979475591463e-14,1.564349809995356e-14,1.4181457375308638e-14,1.3308498907374421e-14,1.2212580499401788e-14,1.1663876625872832e-14,1.0645237518499201e-14,9.669349470125426e-15,9.084122356757398e-15,8.29444567909056e-15,7.759588339944395e-15,7.354034942386327e-15,6.541609274432598e-15,6.382057828714732e-15,5.8246947925327195e-15,5.486676339475734e-15,5.161681573722816e-15,4.662765649252769e-15,4.1851164851829734e-15,3.9055169745079695e-15,3.4638731481223657e-15,3.3793884371925535e-15,3.1321161125199282e-15,3.0557230366048094e-15,2.6673833952391134e-15,2.602325263647916e-15]
["(K-K*)/K*",3.6978169024485793e-13,3.4311749848008387e-13,3.1753402178637834e-13,2.9452121219195997e-13,2.733358238805633e-13,2.5315398694753303e-13,2.342193645864436e-13,2.1757931878254058e-13,2.0161164917812205e-13,1.8708339274634243e-13,1.7340078626014815e-13,1.6077557996153212e-13,1.4878533985756292e-13,1.38119264528976e-13,1.2811770524992847e-13,1.188624420342262e-13,1.1009319764439241e-13,1.0157295557317449e-13,9.424620890754334e-14,8.701074124055398e-14,8.127625025064725e-14,7.479079216078828e-14,6.971942060704312e-14,6.48509411861036e-14,5.981485744386901e-14,5.5872726206001175e-14,5.191426360604059e-14,4.777800520490888e-14,4.397734168649717e-14,4.08157295637902e-14,3.840927114702748e-14,3.548412506166401e-14,3.2380383256438546e-14,2.984367120409082e-14,2.7837523169550514e-14,2.605004656981333e-14,2.4468388319336866e-14,2.2157063671465256e-14,2.0844624359915055e-14,1.9080896734158913e-14,1.8003156738904757e-14,1.6727671766694316e-14,1.527055750130282e-14,1.432947492209388e-14,1.2870453665992176e-14,1.1474079803155339e-14,1.1194224198200338e-14,1.0509073798586605e-14,1.025275492545035e-14,9.022032072132298e-15,8.419287617684437e-15]
["Ygrth-Y*grth","--",-8.163608677946854e-15,-7.837480664463214e-15,-7.140121827120538e-15,-6.484396353201305e-15,-6.22071838485283e-15,-5.734995811579324e-15,-5.159067617555024e-15,-4.73232564246473e-15,-4.7531423241764514e-15,-4.139050213680662e-15,-3.972516759986888e-15,-3.608224830031759e-15,-3.2682190287403046e-15,-2.942091015256665e-15,-2.824129818890242e-15,-2.8935187579293142e-15,-2.7755575615628914e-15,-2.14064876935538e-15,-2.220446049250313e-15,-1.6375789613221059e-15,-1.8943180357666733e-15,-1.502270530195915e-15,-1.5959455978986625e-15,-1.6792123247455493e-15,-1.0269562977782698e-15,-1.2732870313669764e-15,-1.4988010832439613e-15,-8.951173136040325e-16,-1.124100812432971e-15,-5.620504062164855e-16,-1.0443035325380379e-15,-9.992007221626409e-16,-6.002143226879753e-16,-8.083811398051921e-16,-5.48172618408671e-16,-4.163336342344337e-16,-8.326672684688674e-16,-1.6306400674181987e-16,-5.724587470723463e-16,-3.469446951953614e-16,-3.3306690738754696e-16,-5.134781488891349e-16,-4.891920202254596e-16,-2.8796409701215e-16,-4.510281037539698e-16,-8.673617379884035e-17,-2.5326962749261384e-16,-7.979727989493313e-17,-3.9898639947466563e-16,-6.591949208711867e-17]

{"sheet":"1 (b)","index":2,"n_rows":32,"n_cols":52,"rows_kept":32,"cut":false,"hidden":false,"merged":[],"flags":["formulas_cached_only"]}
["Year",0,1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,40,41,42,43,44,45,46,47,48,49,50]
["PARAMETERS"]
["s (savings rate)",0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03]
["n (labor force growth rate)",0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015]
["g (labor productivity growth rate)",0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01]
["d (capital depreciation rate)",0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05]
["A (C-D technology index)",1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1]
["q (C-D parameter)",0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3]
["EFFECTIVE LABOR SUPPLY"]
["AN (AN(t)=AN(t-1) + DAN)",10,10.25,10.50625,10.768906249999999,11.038128906249998,11.314082128906248,11.596934182128905,11.886857536682127,12.18402897509918,12.48862969947666,12.800845441963576,13.120866578012665,13.448888242462981,13.785110448524556,14.12973820973767,14.482981664981113,14.84505620660564,15.216182611770781,15.59658717706505,15.986501856491676,16.38616440290397,16.795818512976567,17.21571397580098,17.646106825196004,18.087259495825904,18.539440983221553,19.002927007802093,19.478000182997146,19.964950187572075,20.464073942261376,20.97567579081791,21.50006768558836,22.03756937772807,22.58850861217127,23.153221327475553,23.73205186066244,24.325353157179002,24.933486986108477,25.556824160761188,26.19574476478022,26.850638383899724,27.52190434349722,28.20995195208465,28.91520075088677,29.638080769658938,30.37903278890041,31.13850860862292,31.916971323838492,32.714895606934455,33.53276799710782,34.371087197035514]
["(n+g)AN (Change in effective labor supply)",0.25,0.25625000000000003,0.26265625,0.26922265624999997,0.27595322265624994,0.2828520532226562,0.28992335455322266,0.2971714384170532,0.30460072437747954,0.3122157424869165,0.32002113604908944,0.32802166445031666,0.33622220606157455,0.3446277612131139,0.3532434552434418,0.36207454162452785,0.37112640516514106,0.3804045652942696,0.3899146794266263,0.39966254641229193,0.4096541100725992,0.4198954628244142,0.43039284939502453,0.4411526706299001,0.4521814873956476,0.46348602458053884,0.4750731751950523,0.48695000457492865,0.4991237546893019,0.5116018485565345,0.5243918947704478,0.537501692139709,0.5509392344432017,0.5647127153042818,0.5788305331868888,0.593301296516561,0.6081338289294751,0.623337174652712,0.6389206040190297,0.6548936191195055,0.6712659595974931,0.6880476085874305,0.7052487988021163,0.7228800187721692,0.7409520192414735,0.7594758197225103,0.7784627152155731,0.7979242830959623,0.8178723901733614,0.8383191999276955,0.8592771799258879]
["BALANCED GROWTH PATH"]
["K* (K*=Y* (s/(n+g+d))",2.70093587460062,2.7684592714656344,2.8376707532522767,2.908612522083583,2.981327835135671,3.0558610310140635,3.1322575567894164,3.2105639957091503,3.290828095601879,3.3730987979919256,3.457426267941724,3.5438619246402667,3.6324584727562743,3.7232699345751805,3.8163516829395596,3.911760475013048,4.009554486888375,4.109793349060586,4.2125381827871,4.317851637356778,4.425797928290695,4.536442876497965,4.649853948410413,4.766100297120672,4.88525280454869,5.007384124662406,5.132568727778965,5.260882945973441,5.392405019622779,5.527215145113348,5.665395523741179,5.807030411834709,5.9522061721305795,6.101011326433845,6.25353660959469,6.409875024834555,6.570121900455417,6.734374947966806,6.9027343216659744,7.075302679707626,7.252185246700314,7.433489877867822,7.619327124814519,7.80981030293488,8.005055560508255,8.205181949520966,8.410311498258986,8.62056928571546,8.836083517858341,9.056985605804805,9.283410245949923]
["Y* (Y*= A(K*^q)(AN)^(1-q))",6.752339686501551,6.921148178664088,7.094176883130693,7.271531305208958,7.45331958783918,7.63965257753516,7.830643891973542,8.026409989272878,8.2270702390047,8.432746994979816,8.643565669854311,8.859654811600668,9.081146181890688,9.308174836437953,9.540879207348901,9.779401187532622,10.023886217220939,10.274483372651467,10.53134545696775,10.794629093391947,11.06449482072674,11.341107191244914,11.624634871026034,11.915250742801682,12.213132011371728,12.518460311656018,12.831421819447415,13.152207364933608,13.48101254905695,13.818037862783374,14.16348880935295,14.517576029586774,14.88051543032645,15.252528316084616,15.633841523986728,16.024687562086392,16.425304751138547,16.83593736991702,17.25683580416494,17.68825669926907,18.13046311675079,18.58372469466956,19.048317812036302,19.524525757337205,20.012638901270645,20.51295487380242,21.02577874564747,21.551423214288654,22.09020879464586,22.64246401451202,23.208525614874816]
["Y* growth rate (Y*(t) - Y*(t-1))/Y*(t-1)","--",0.024999999999999706,0.025000000000000473,0.024999999999999675,0.024999999999999665,0.02500000000000013,0.02500000000000044,0.02499999999999962,0.025,0.024999999999999793,0.025000000000000022,0.024999999999999918,0.025000000000000307,0.024999999999999765,0.024999999999999932,0.02499999999999987,0.025000000000000123,0.02500000000000045,0.024999999999999706,0.025000000000000248,0.02499999999999944,0.02500000000000054,0.02499999999999972,0.02499999999999975,0.025000000000000373,0.024999999999999675,0.024999999999999793,0.025000000000000522,0.025000000000000234,0.024999999999999956,0.0249999999999994,0.02500000000000001,0.02500000000000052,0.02500000000000027,0.024999999999999776,0.02499999999999971,0.024999999999999745,0.025000000000000487,0.024999999999999703,0.025000000000000303,0.02499999999999967,0.02500000000000002,0.025000000000000206,0.02499999999999976,0.025000000000000487,0.02500000000000052,0.024999999999999505,0.024999999999999797,0.024999999999999547,0.025000000000000515,0.024999999999999856]
["K*/Y* (capital to output ratio)",0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.39999999999999986,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.39999999999999986,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.39999999999999997,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.39999999999999986,0.3999999999999999,0.39999999999999986,0.3999999999999999,0.39999999999999986,0.39999999999999986,0.39999999999999986]
["ACTUAL GDP PATH"]
["Investment"]
["S (Total saving)",0.20257019059504652,0.20763444535992262,0.21282530649392079,0.21814593915626873,0.22359958763517537,0.2291895773260548,0.23491931675920627,0.24079229967818633,0.246812107170141,0.25298240984939446,0.2593069700956293,0.26578964434802005,0.2724343854567206,0.2792452450931386,0.28622637622046704,0.29338203562597864,0.30071658651662814,0.308234501179544,0.3159403637090325,0.3238388728017584,0.33193484462180217,0.34023321573734744,0.348739046130781,0.3574575222840504,0.36639396034115185,0.3755538093496805,0.38494265458342247,0.3945662209480082,0.4044303764717085,0.4145411358835012,0.4249046642805885,0.43552728088760323,0.4464154629097935,0.4575758494825385,0.46901524571960185,0.4807406268625917,0.4927591425341564,0.5050781210975106,0.5177050741249482,0.530647700978072,0.5439138935025236,0.5575117408400868,0.571449534361089,0.5857357727201161,0.6003791670381193,0.6153886462140726,0.6307733623694242,0.6465426964286596,0.6627062638393758,0.6792739204353605,0.6962557684462445]
["I (Gross investment)",0.20257019059504652,0.20763444535992262,0.21282530649392079,0.21814593915626873,0.22359958763517537,0.2291895773260548,0.23491931675920627,0.24079229967818633,0.246812107170141,0.25298240984939446,0.2593069700956293,0.26578964434802005,0.2724343854567206,0.2792452450931386,0.28622637622046704,0.29338203562597864,0.30071658651662814,0.308234501179544,0.3159403637090325,0.3238388728017584,0.33193484462180217,0.34023321573734744,0.348739046130781,0.3574575222840504,0.36639396034115185,0.3755538093496805,0.38494265458342247,0.3945662209480082,0.4044303764717085,0.4145411358835012,0.4249046642805885,0.43552728088760323,0.4464154629097935,0.4575758494825385,0.46901524571960185,0.4807406268625917,0.4927591425341564,0.5050781210975106,0.5177050741249482,0.530647700978072,0.5439138935025236,0.5575117408400868,0.571449534361089,0.5857357727201161,0.6003791670381193,0.6153886462140726,0.6307733623694242,0.6465426964286596,0.6627062638393758,0.6792739204353605,0.6962557684462445]
["dK (capital depreciation)",0.30000000000000004,0.29512850952975234,0.29075380632126085,0.2868573813298938,0.2834218092212126,0.2804306981419107,0.2778686421011179,0.2757211758340223,0.2739747320262305,0.27261660078342603,0.2716348912367245,0.27101849517966975,0.2707570526380873,0.27084091927901893,0.2712611355697249,0.272009397602262,0.27307802950344784,0.27445995735410683,0.2761486845453787,0.2781382685035614,0.28042329871847127,0.2829988760136378,0.2858605929998233,0.2890045156563712,0.2924271659877552,0.296125505705425,0.30009692088763784,0.30433920757242705,0.3088505582412061,0.3136295491527312,0.3186751284892697,0.32398660527883566,0.32956363905927405,0.33540623025180005,0.341514711213337,0.3478897379386502,0.3545322823848473,0.3614436253923128,0.3686253501775727,0.37607933637494145,0.383807754605098,0.39181306154996925,0.4000979955144751,0.4086655724568058,0.41751908246997127,0.4266620866983787,0.4360984146741633,0.44583216205892634,0.455867688777413,0.4662096175305111,0.4768628326757536]
["DK (Net investment)",-0.09742980940495352,-0.08749406416982972,-0.07792849982734007,-0.06871144217362507,-0.0598222215860372,-0.051241120815855884,-0.04294932534191162,-0.03492887615583595,-0.02716262485608953,-0.01963419093403157,-0.01232792114109521,-0.005228850831649701,0.0016773328186333036,0.00840432581411965,0.014965240650742118,0.02137263802371664,0.027638557013180298,0.03377454382543715,0.03979167916365378,0.045700604298197,0.0515115459033309,0.057234339723709615,0.06287845313095769,0.06845300662767922,0.07396679435339665,0.07942830364425552,0.08484573369578463,0.09022701337558114,0.09557981823050238,0.10091158673077,0.10622953579131877,0.11154067560876757,0.11685182385051945,0.12216961923073844,0.12750053450626486,0.13285088892394153,0.13822686014930913,0.14363449570519782,0.14907972394737545,0.15456836460313056,0.16010613889742564,0.16569867929011756,0.17135153884661392,0.17707020026331033,0.18286008456814806,0.18872655951569395,0.19467494769526084,0.20071053436973324,0.2068385750619628,0.2130643029048494,0.2193929357704909]
["Capital stock"]
["K (K(t) = K(t-1) + DK(t-1))",6,5.902570190595046,5.815076126425216,5.737147626597876,5.668436184424251,5.608613962838214,5.557372842022358,5.514423516680446,5.47949464052461,5.452332015668521,5.43269782473449,5.420369903593395,5.415141052761745,5.416818385580378,5.425222711394498,5.44018795204524,5.461560590068957,5.489199147082137,5.522973690907574,5.562765370071228,5.608465974369425,5.659977520272756,5.717211859996466,5.780090313127424,5.8485433197551036,5.9225101141085,6.001938417752756,6.086784151448541,6.177011164824122,6.2725909830546245,6.373502569785394,6.479732105576713,6.591272781185481,6.708124605036001,6.830294224266739,6.957794758773003,7.090645647696945,7.228872507846255,7.372507003551453,7.521586727498828,7.676155092101959,7.836261230999384,8.001959910289502,8.173311449136115,8.350381649399425,8.533241733967573,8.721968293483267,8.916643241178527,9.11735377554826,9.324192350610222,9.53725665351507]
["Output"]
["Y* (Y*= A(K*^q)(AN)^(1-q))",8.579172004440949,8.685984576024333,8.797920492638918,8.915155545976758,9.037863994528163,9.16621824637403,9.300388596213816,9.440543021255616,9.586847039241233,9.739463630458513,9.898553224162335,10.06427374843869,10.236780741254357,10.416227519280062,10.602765400092112,10.796543972569031,10.997711409718974,11.206414817802015,11.42280061544206,11.647014936440481,11.879204050186141,12.119514793879048,12.368095011218655,12.6250939927252,12.890662913434683,13.16495526431059,13.448127274324802,13.740338320757244,14.041751325833674,14.352533138350939,14.672854899421463,15.002892391897973,15.342826373413368,15.692842893289024,16.053133593829198,16.423895996732863,16.805333775521017,17.197657015002047,17.601082458885163,18.015833746706765,18.44214164126208,18.880244247739547,19.33038722574131,19.792823995344992,20.267815938322485,20.755632595583247,21.25655186185664,21.770860178570537,22.29885272582478,22.84083361429922,23.397116077878003]
["Y growth rate  (Y(t) - Y(t-1))/Y(t-1)","--",0.01245021915029725,0.012886957792160664,0.013325314025732404,0.013764027774790894,0.014201834849869041,0.014637481481838126,0.015069738601982359,0.015497415525379218,0.015919372718953776,0.016334533372689676,0.016741893539737984,0.017140530665953724,0.01752961038840384,0.01790839154259788,0.01827622937646397,0.01863257702289292,0.018976985329748168,0.019309101185180515,0.01962866450591054,0.019935504076602547,0.020229532439855827,0.02051074003929197,0.020779188813914367,0.02103500543144544,0.021278374333257816,0.021509530744998014,0.021728753786434782,0.021936359792618185,0.022132695936973024,0.02231813422639676,0.02249306591926587,0.02265789639996154,0.02281304052831996,0.022958918469403084,0.023095951998193403,0.023224561265124413,0.02334516200163163,0.023458163139966976,0.02356396481809744,0.023662956738443614,0.02375551684828545,0.023842010309567615,0.023922788726543475,0.023998189600898005,0.024068535985586673,0.024134136310544774,0.02419528435544558,0.02425225934682893,0.024305326159079096,0.024354735600828868]
["K/Y (capital to output ratio)",0.6993681904144294,0.6795510789747125,0.660960295252793,0.6435274849676563,0.62718759519463,0.6118787281828979,0.5975420042432165,0.5841214328735735,0.5715637913169723,0.5598185097808961,0.548837562591803,0.5385753646093219,0.5289886722823571,0.5200364887915555,0.5116799727877942,0.5038823503027655,0.4966088294735965,0.4898265177871372,0.4835043416096461,0.477612967822921,0.4721247274375713,0.4670135410974805,0.4622548464262757,0.45782552719670944,0.45370384432748884,0.449869368729575,0.44630291603587596,0.442986483255173,0.4399031873937125,0.4370372060869058,0.43437372027966387,0.4318988589877489,0.4295996461647437,0.4274639496903841,0.42548043248654543,0.42363850575753087,0.42192828434180346,0.4203405441532115,0.41886668168125957,0.4174986755122421,0.41622904982615916,0.41505083981832425,0.41395755898949055,0.4129431682441257,0.4120020467331402,0.41112896437487667,0.410319055986414,0.4095677969561967,0.40887098038856756,0.4082246956509033,0.4076253082546595]
["Comparison to steady state"]
["(Y-Y*)/Y*",0.2705480474555178,0.2549918527681187,0.24016085834560622,0.2260355036346182,0.21259579547270754,0.199821347024055,0.18769142416842258,0.17618499850776323,0.16528080601400544,0.15495741023140047,0.14519326887108341,0.13596680259604657,0.12725646479165773,0.11904081114855143,0.11129856794804496,0.1040086980308288,0.09715046354227493,0.09070348467652936,0.08464779378066124,0.07896388432376353,0.07363275437873897,0.06863594440188765,0.06395556922356911,0.059574344279104054,0.05547560621076571,0.0516433280578936,0.04806212932246547,0.044717281252096924,0.0415947077221547,0.03868098212461413,0.03596332068495366,0.03342957263127989,0.031068207633771137,0.028868300919007123,0.026819516444448896,0.024912088494691068,0.023136802034441854,0.02148497212465045,0.019948422678805287,0.018519464806909587,0.0171908749657547,0.015955873106269156,0.014808100982375009,0.013741600761133082,0.012750794051235229,0.011830461446134961,0.01097572265935405,0.010182017312731134,0.009445086423514907,0.008760954623139224,0.00812591312919576]
["(K-K*)/K*",1.2214522219588808,1.132077669132622,1.0492427177326729,0.9724688603375997,0.9013126022641175,0.8353628996594257,0.7742387850501986,0.7175871666318921,0.6650807885856562,0.6164163406403647,0.5713127059593625,0.5295093372306288,0.49076475157960686,0.4548551356103675,0.42157305251692606,0.39072624379617554,0.36213651864035784,0.3356387245935018,0.3110797935256849,0.288317857414049,0.2672214288227779,0.24766864134793984,0.22954654563955443,0.21275045693422157,0.19718335032927822,0.18275530030518514,0.1693829612584645,0.15698908604443004,0.1455020797484958,0.13485558610836215,0.12498810419799478,0.115842633159117,0.10736634292796159,0.09951026905518377,0.0922290298560242,0.08548056425680317,0.07922588882337894,0.07342887256800926,0.06805602823376505,0.0630763188508063,0.05846097844708906,0.05418334587778993,0.05021871081356118,0.04654417099793486,0.04313849994930512,0.039982024343257816,0.03705651036692235,0.034345058388854904,0.03183200533601246,0.029502834213864598,0.027344090246996557]
["Ygrth-Y*grth","--",-0.012549780849702456,-0.012113042207839809,-0.011674685974267272,-0.01123597222520877,-0.010798165150131088,-0.010362518518162313,-0.00993026139801726,-0.009502584474620783,-0.009080627281046017,-0.008665466627310346,-0.008258106460261934,-0.007859469334046583,-0.007470389611595924,-0.007091608457402053,-0.0067237706235359004,-0.006367422977107202,-0.006023014670252281,-0.005690898814819191,-0.005371335494089708,-0.005064495923396892,-0.004770467560144712,-0.004489259960707752,-0.004220811186085385,-0.003964994568554932,-0.003721625666741859,-0.0034904692550017796,-0.00327124621356574,-0.0030636402073820485,-0.002867304063026932,-0.0026818657736026423,-0.002506934080734137,-0.0023421036000389785,-0.002186959471680308,-0.0020410815305966917,-0.001904048001806307,-0.0017754387348753314,-0.0016548379983688556,-0.0015418368600327269,-0.001436035181902863,-0.0013370432615560542,-0.001244483151714569,-0.0011579896904325912,-0.0010772112734562835,-0.0010018103991024825,-0.000931464014413845,-0.0008658636894547309,-0.0008047156445542165,-0.0007477406531706185,-0.0006946738409214191,-0.0006452643991709875]

{"sheet":"1 (c)","index":4,"n_rows":32,"n_cols":52,"rows_kept":32,"cut":false,"hidden":false,"merged":[],"flags":["formulas_cached_only"]}
["Year",0,1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,40,41,42,43,44,45,46,47,48,49,50]
["PARAMETERS"]
["s (savings rate)",0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03]
["n (labor force growth rate)",0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015]
["g (labor productivity growth rate)",0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01]
["d (capital depreciation rate)",0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05]
["A (C-D technology index)",1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1]
["q (C-D parameter)",0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3]
["EFFECTIVE LABOR SUPPLY"]
["AN (AN(t)=AN(t-1) + DAN)",10,10.25,10.50625,10.768906249999999,11.038128906249998,11.314082128906248,11.596934182128905,11.886857536682127,12.18402897509918,12.48862969947666,12.800845441963576,13.120866578012665,13.448888242462981,13.785110448524556,14.12973820973767,14.482981664981113,14.84505620660564,15.216182611770781,15.59658717706505,15.986501856491676,16.38616440290397,16.795818512976567,17.21571397580098,17.646106825196004,18.087259495825904,18.539440983221553,19.002927007802093,19.478000182997146,19.964950187572075,20.464073942261376,20.97567579081791,21.50006768558836,22.03756937772807,22.58850861217127,23.153221327475553,23.73205186066244,24.325353157179002,24.933486986108477,25.556824160761188,26.19574476478022,26.850638383899724,27.52190434349722,28.20995195208465,28.91520075088677,29.638080769658938,30.37903278890041,31.13850860862292,31.916971323838492,32.714895606934455,33.53276799710782,34.371087197035514]
["(n+g)AN (Change in effective labor supply)",0.25,0.25625000000000003,0.26265625,0.26922265624999997,0.27595322265624994,0.2828520532226562,0.28992335455322266,0.2971714384170532,0.30460072437747954,0.3122157424869165,0.32002113604908944,0.32802166445031666,0.33622220606157455,0.3446277612131139,0.3532434552434418,0.36207454162452785,0.37112640516514106,0.3804045652942696,0.3899146794266263,0.39966254641229193,0.4096541100725992,0.4198954628244142,0.43039284939502453,0.4411526706299001,0.4521814873956476,0.46348602458053884,0.4750731751950523,0.48695000457492865,0.4991237546893019,0.5116018485565345,0.5243918947704478,0.537501692139709,0.5509392344432017,0.5647127153042818,0.5788305331868888,0.593301296516561,0.6081338289294751,0.623337174652712,0.6389206040190297,0.6548936191195055,0.6712659595974931,0.6880476085874305,0.7052487988021163,0.7228800187721692,0.7409520192414735,0.7594758197225103,0.7784627152155731,0.7979242830959623,0.8178723901733614,0.8383191999276955,0.8592771799258879]
["BALANCED GROWTH PATH"]
["K* (K*=Y* (s/(n+g+d))",2.70093587460062,2.7684592714656344,2.8376707532522767,2.908612522083583,2.981327835135671,3.0558610310140635,3.1322575567894164,3.2105639957091503,3.290828095601879,3.3730987979919256,3.457426267941724,3.5438619246402667,3.6324584727562743,3.7232699345751805,3.8163516829395596,3.911760475013048,4.009554486888375,4.109793349060586,4.2125381827871,4.317851637356778,4.425797928290695,4.536442876497965,4.649853948410413,4.766100297120672,4.88525280454869,5.007384124662406,5.132568727778965,5.260882945973441,5.392405019622779,5.527215145113348,5.665395523741179,5.807030411834709,5.9522061721305795,6.101011326433845,6.25353660959469,6.409875024834555,6.570121900455417,6.734374947966806,6.9027343216659744,7.075302679707626,7.252185246700314,7.433489877867822,7.619327124814519,7.80981030293488,8.005055560508255,8.205181949520966,8.410311498258986,8.62056928571546,8.836083517858341,9.056985605804805,9.283410245949923]
["Y* (Y*= A(K*^q)(AN)^(1-q))",6.752339686501551,6.921148178664088,7.094176883130693,7.271531305208958,7.45331958783918,7.63965257753516,7.830643891973542,8.026409989272878,8.2270702390047,8.432746994979816,8.643565669854311,8.859654811600668,9.081146181890688,9.308174836437953,9.540879207348901,9.779401187532622,10.023886217220939,10.274483372651467,10.53134545696775,10.794629093391947,11.06449482072674,11.341107191244914,11.624634871026034,11.915250742801682,12.213132011371728,12.518460311656018,12.831421819447415,13.152207364933608,13.48101254905695,13.818037862783374,14.16348880935295,14.517576029586774,14.88051543032645,15.252528316084616,15.633841523986728,16.024687562086392,16.425304751138547,16.83593736991702,17.25683580416494,17.68825669926907,18.13046311675079,18.58372469466956,19.048317812036302,19.524525757337205,20.012638901270645,20.51295487380242,21.02577874564747,21.551423214288654,22.09020879464586,22.64246401451202,23.208525614874816]
["Y* growth rate (Y*(t) - Y*(t-1))/Y*(t-1)","--",0.024999999999999706,0.025000000000000473,0.024999999999999675,0.024999999999999665,0.02500000000000013,0.02500000000000044,0.02499999999999962,0.025,0.024999999999999793,0.025000000000000022,0.024999999999999918,0.025000000000000307,0.024999999999999765,0.024999999999999932,0.02499999999999987,0.025000000000000123,0.02500000000000045,0.024999999999999706,0.025000000000000248,0.02499999999999944,0.02500000000000054,0.02499999999999972,0.02499999999999975,0.025000000000000373,0.024999999999999675,0.024999999999999793,0.025000000000000522,0.025000000000000234,0.024999999999999956,0.0249999999999994,0.02500000000000001,0.02500000000000052,0.02500000000000027,0.024999999999999776,0.02499999999999971,0.024999999999999745,0.025000000000000487,0.024999999999999703,0.025000000000000303,0.02499999999999967,0.02500000000000002,0.025000000000000206,0.02499999999999976,0.025000000000000487,0.02500000000000052,0.024999999999999505,0.024999999999999797,0.024999999999999547,0.025000000000000515,0.024999999999999856]
["K*/Y* (capital to output ratio)",0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.39999999999999986,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.39999999999999986,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.39999999999999997,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.39999999999999986,0.3999999999999999,0.39999999999999986,0.3999999999999999,0.39999999999999986,0.39999999999999986,0.39999999999999986]
["ACTUAL GDP PATH"]
["Investment"]
["S (Total saving)",0.20257019059504652,0.20763444535992262,0.21282530649392079,0.21814593915626873,0.22359958763517537,0.2291895773260548,0.23491931675920627,0.24079229967818633,0.246812107170141,0.25298240984939446,0.2593069700956293,0.26578964434802005,0.2724343854567206,0.2792452450931386,0.28622637622046704,0.29338203562597864,0.30071658651662814,0.308234501179544,0.3159403637090325,0.3238388728017584,0.33193484462180217,0.34023321573734744,0.348739046130781,0.3574575222840504,0.36639396034115185,0.3755538093496805,0.38494265458342247,0.3945662209480082,0.4044303764717085,0.4145411358835012,0.4249046642805885,0.43552728088760323,0.4464154629097935,0.4575758494825385,0.46901524571960185,0.4807406268625917,0.4927591425341564,0.5050781210975106,0.5177050741249482,0.530647700978072,0.5439138935025236,0.5575117408400868,0.571449534361089,0.5857357727201161,0.6003791670381193,0.6153886462140726,0.6307733623694242,0.6465426964286596,0.6627062638393758,0.6792739204353605,0.6962557684462445]
["I (Gross investment)",0.20257019059504652,0.20763444535992262,0.21282530649392079,0.21814593915626873,0.22359958763517537,0.2291895773260548,0.23491931675920627,0.24079229967818633,0.246812107170141,0.25298240984939446,0.2593069700956293,0.26578964434802005,0.2724343854567206,0.2792452450931386,0.28622637622046704,0.29338203562597864,0.30071658651662814,0.308234501179544,0.3159403637090325,0.3238388728017584,0.33193484462180217,0.34023321573734744,0.348739046130781,0.3574575222840504,0.36639396034115185,0.3755538093496805,0.38494265458342247,0.3945662209480082,0.4044303764717085,0.4145411358835012,0.4249046642805885,0.43552728088760323,0.4464154629097935,0.4575758494825385,0.46901524571960185,0.4807406268625917,0.4927591425341564,0.5050781210975106,0.5177050741249482,0.530647700978072,0.5439138935025236,0.5575117408400868,0.571449534361089,0.5857357727201161,0.6003791670381193,0.6153886462140726,0.6307733623694242,0.6465426964286596,0.6627062638393758,0.6792739204353605,0.6962557684462445]
["dK (capital depreciation)",0.05,0.05762850952975233,0.06512880632126083,0.07251363132989384,0.07979524672121258,0.08698546376691073,0.09409566944486793,0.10113685181058485,0.10811962420396493,0.11505424835227374,0.12195065642712977,0.12881847211055475,0.135667030722428,0.14250539845914265,0.1493423907908424,0.15618659006232366,0.1630463623405064,0.1699298735493125,0.17684510493082406,0.18379986786973448,0.19080181811633568,0.197858469441609,0.20497720675639594,0.21216529872511516,0.21942990990306194,0.22677811242496643,0.23421689727120212,0.24175318513681315,0.2493938369273729,0.25714566390458965,0.26501543750353523,0.27300989884238785,0.2811357679446486,0.2893997526929059,0.2978085575323875,0.3063688919417482,0.3150874786877904,0.32397106188010866,0.3330264148409787,0.3422603478051772,0.351679715463822,0.36129142436575706,0.3711024401894736,0.3811197948980543,0.39135059378915743,0.40180202245160546,0.4124813536397288,0.4233959540762136,0.4345532911938359,0.44596093982611296,0.4576265888565753]
["DK (Net investment)",0.1525701905950465,0.1500059358301703,0.14769650017265995,0.14563230782637487,0.1438043409139628,0.14220411355914409,0.14082364731433833,0.13965544786760148,0.13869248296617606,0.13792816149712073,0.13735631366849954,0.1369711722374653,0.1367673547342926,0.13673984663399594,0.13688398542962463,0.13719544556365498,0.13767022417612174,0.1383046276302315,0.13909525877820844,0.1400390049320239,0.1411330265054665,0.14237474629573843,0.14376183937438505,0.14529222355893526,0.1469640504380899,0.1487756969247141,0.15072575731222035,0.15281303581119504,0.15503653954433558,0.15739547197891157,0.15988922677705325,0.16251738204521538,0.16527969496514489,0.16817609678963258,0.17120668818721435,0.1743717349208435,0.177671663846366,0.18110705921740194,0.18467865928396943,0.1883873531728948,0.19223417803870163,0.19622031647432975,0.20034709417161545,0.2046159778220618,0.2090285732489619,0.21358662376246718,0.21829200872969534,0.22314674235244597,0.2281529726455399,0.23331298060924754,0.23862917958966917]
["Capital stock"]
["K (K(t) = K(t-1) + DK(t-1))",1,1.1525701905950465,1.3025761264252167,1.4502726265978767,1.5959049344242515,1.7397092753382144,1.8819133888973585,2.022737036211697,2.1623924840792985,2.3010849670454747,2.4390131285425953,2.576369442211095,2.71334061444856,2.8501079691828526,2.9868478158168483,3.123731801246473,3.260927246810128,3.3985974709862496,3.536902098616481,3.6759973573946896,3.8160363623267135,3.95716938883218,4.0995441351279185,4.243305974502303,4.3885981980612385,4.535562248499328,4.684337945424042,4.835063702736263,4.987876738547458,5.142913278091793,5.3003087500707045,5.460197976847757,5.622715358892973,5.7879950538581175,5.95617115064775,6.127377838834964,6.301749573755807,6.479421237602173,6.6605282968195745,6.845206956103544,7.033594309276439,7.225828487315141,7.422048803789471,7.622395897961086,7.827011875783148,8.03604044903211,8.249627072794576,8.467919081524272,8.691065823876718,8.919218796522259,9.152531777131506]
["Output"]
["Y* (Y*= A(K*^q)(AN)^(1-q))",5.011872336272723,5.32116738732959,5.616352346523912,5.901399455699183,6.179152709550727,6.451735174948981,6.720786885749357,6.987611780738333,7.2532726547768585,7.518654848019472,7.7845103274968395,8.051489026261155,8.32016164637383,8.591036591366237,8.864572767686537,9.141189419832296,9.421273796922316,9.705187208299078,9.993269865032895,10.285844794470345,10.583221038688833,10.885696293813691,11.19355910848587,11.507090731647747,11.826566679104426,12.152258072887635,12.484432795828003,12.823356494900889,13.169293460123468,13.522507400523493,13.88326213459559,14.251822209431568,14.628453460152482,15.013423519229226,15.407002283640107,15.809462346491093,16.221079398650346,16.642132605072092,17.072904959765804,17.513683622774362,17.964760242034007,18.426431262581904,18.898998225236735,19.38276805659305,19.878053351931335,20.385172652443316,20.904450718002682,21.436218796566042,21.980814891166663,22.538584025359064,23.109878507883053]
["Y growth rate  (Y(t) - Y(t-1))/Y(t-1)","--",0.06171247595801419,0.055473721780900355,0.05075306739821857,0.04706565890626301,0.044113243062748796,0.041702224828610336,0.03970143668068794,0.038018837104092096,0.03658792463397034,0.035359447248386154,0.03429614549052367,0.0333693083647457,0.03255645220672633,0.03183971729269518,0.03120473590719358,0.03063981766774925,0.03013535297843792,0.029683369372563183,0.029277196892399413,0.02891121246339998,0.02858064232232378,0.028281407671380307,0.028010002906420334,0.027763398664966642,0.02753896398002406,0.027334403281104407,0.027147705035197617,0.02697709958856236,0.0268210243373765,0.026678094778349433,0.026547080308853777,0.026426883887989215,0.026316524855166175,0.026215124345675352,0.02612189285376673,0.026036119580664353,0.025957163273411955,0.025884444314692192,0.025817437867035636,0.02575566790946686,0.025698702032642618,0.025646146881108823,0.02559764414974731,0.02555286705656126,0.025511517226243365,0.02547332192926639,0.02543803162957097,0.025405417801009855,0.025375270978536375,0.025347399015004775]
["K/Y (capital to output ratio)",0.19952623149688795,0.21660100250547842,0.23192564249132458,0.24575062872541173,0.2582724540789487,0.2696498272423235,0.2800138467249625,0.289474730377475,0.2981264578073169,0.30605008655924876,0.31331619150499296,0.31998670479558183,0.3261163340054954,0.3317536759239432,0.33694210585135187,0.3417204980425601,0.34612381691692135,0.3501836078009962,0.35392840845740925,0.35738409735395776,0.3605741908230508,0.3635200984875012,0.36624134427628496,0.36875575881504213,0.3710796478081133,0.3732279401322475,0.3752143186664784,0.3770513363376343,0.37875051942996907,0.38032245986367125,0.3817768978706314,0.38312279627192575,0.3843684073787499,0.3855213333884068,0.3865885810228183,0.38757661105375507,0.3884913832725667,0.38933839738949155,0.39012273028613753,0.3908490699924604,0.3915217467149498,0.39214476120443637,0.3927218107189647,0.39325631280865103,0.3937514271246627,0.3942100754328872,0.3946349599939542,0.3950285804547201,0.3953932493817306,0.3957311065542932,0.39604413212338907]
["Comparison to steady state"]
["(Y-Y*)/Y*",-0.25775767082751433,-0.23117274042286498,-0.20831515212440127,-0.1884241148117291,-0.17095293758332605,-0.1554936419594942,-0.14173253458273025,-0.12942252014572844,-0.11836505049039793,-0.10839790966152797,-0.09938668544551607,-0.09121865383302698,-0.08379829156746617,-0.07704391652210844,-0.07088512756156015,-0.06526082277041234,-0.06011764372019116,-0.055408738688286434,-0.05109276816846362,-0.04713309688732709,-0.043497131123994254,-0.04015577048621764,-0.037082950761284074,-0.0342552599155763,-0.03165161335416411,-0.029252977574838746,-0.027042133638963788,-0.02500347363055577,-0.023122824624570864,-0.02138729573580373,-0.019785144644044947,-0.01830566064290627,-0.01693906177875179,-0.015676404062350827,-0.014509501071671054,-0.013430852536838869,-0.01243358072087187,-0.011511373592492893,-0.010658433938088692,-0.009869433684887675,-0.009139472811573618,-0.008464042309708378,-0.007838990732568253,-0.007260493929840147,-0.006725027618959558,-0.0062293424884534215,-0.0057704415666366545,-0.00534555962161383,-0.004952144386508128,-0.0045878394280046315,-0.004250468497168893]
["(K-K*)/K*",-0.6297579630068532,-0.5836781120551321,-0.5409699575145129,-0.5013867898914997,-0.46469995160675553,-0.43069751612333446,-0.3991830637240663,-0.36997454686620745,-0.34290323855892396,-0.31781275768875866,-0.29455816566275195,-0.2730051291508432,-0.2530291440910256,-0.234514816474609,-0.21735519575695464,-0.20145115704303102,-0.18671082847890683,-0.1730490605414262,-0.16038693416034605,-0.14865130483154046,-0.13777438008776874,-0.1276933278862251,-0.1183499136506474,-0.10969016387133158,-0.10166405431977102,-0.09422522107686064,-0.08733069270538288,-0.08094064201962349,-0.0750181560181879,-0.06952902265100336,-0.06444153318873434,-0.05972629905297345,-0.05535608204909783,-0.051305637021115215,-0.047551566019570043,-0.044072183140089004,-0.040847389251789566,-0.037858555891903095,-0.03508841765590995,-0.03252097246157534,-0.03014138911072802,-0.02793592161482099,-0.025891829789346472,-0.02399730565841852,-0.022241405244388227,-0.020613985348457996,-0.019105644957106926,-0.017707670935854996,-0.01641198769664553,-0.015211110548110885,-0.01409810245922465]
["Ygrth-Y*grth","--",0.03671247595801448,0.03047372178089988,0.025753067398218893,0.022065658906263347,0.019113243062748666,0.016702224828609898,0.014701436680688323,0.013018837104092094,0.011587924633970549,0.010359447248386132,0.009296145490523752,0.008369308364745393,0.007556452206726565,0.006839717292695245,0.006204735907193712,0.005639817667749129,0.005135352978437473,0.004683369372563476,0.0042771968923991655,0.003911212463400541,0.0035806423223232395,0.0032814076713805866,0.003010002906420582,0.00276339866496627,0.0025389639800243863,0.002334403281104614,0.002147705035197095,0.0019770995885621256,0.0018210243373765443,0.0016780947783500318,0.0015470803088537682,0.0014268838879886968,0.0013165248551659063,0.0012151243456755764,0.0011218928537670217,0.0010361195806646087,0.0009571632734114675,0.0008844443146924889,0.0008174378670353331,0.0007556679094671906,0.0006987020326425994,0.0006461468811086168,0.0005976441497475525,0.000552867056560772,0.0005115172262428469,0.00047332192926688443,0.0004380316295711749,0.00040541780101030836,0.00037527097853586044,0.00034739901500491915]

{"sheet":"2","index":6,"n_rows":32,"n_cols":52,"rows_kept":32,"cut":false,"hidden":false,"merged":[],"flags":["formulas_cached_only"]}
["Year",0,1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,40,41,42,43,44,45,46,47,48,49,50]
["PARAMETERS"]
["s (savings rate)",0.03,0.03,0.03,0.03,0.03,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04,0.04]
["n (labor force growth rate)",0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015]
["g (labor productivity growth rate)",0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01]
["d (capital depreciation rate)",0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05]
["A (C-D technology index)",1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1]
["q (C-D parameter)",0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3]
["EFFECTIVE LABOR SUPPLY"]
["AN (AN(t)=AN(t-1) + DAN)",10,10.25,10.50625,10.768906249999999,11.038128906249998,11.314082128906248,11.596934182128905,11.886857536682127,12.18402897509918,12.48862969947666,12.800845441963576,13.120866578012665,13.448888242462981,13.785110448524556,14.12973820973767,14.482981664981113,14.84505620660564,15.216182611770781,15.59658717706505,15.986501856491676,16.38616440290397,16.795818512976567,17.21571397580098,17.646106825196004,18.087259495825904,18.539440983221553,19.002927007802093,19.478000182997146,19.964950187572075,20.464073942261376,20.97567579081791,21.50006768558836,22.03756937772807,22.58850861217127,23.153221327475553,23.73205186066244,24.325353157179002,24.933486986108477,25.556824160761188,26.19574476478022,26.850638383899724,27.52190434349722,28.20995195208465,28.91520075088677,29.638080769658938,30.37903278890041,31.13850860862292,31.916971323838492,32.714895606934455,33.53276799710782,34.371087197035514]
["(n+g)AN (Change in effective labor supply)",0.25,0.25625000000000003,0.26265625,0.26922265624999997,0.27595322265624994,0.2828520532226562,0.28992335455322266,0.2971714384170532,0.30460072437747954,0.3122157424869165,0.32002113604908944,0.32802166445031666,0.33622220606157455,0.3446277612131139,0.3532434552434418,0.36207454162452785,0.37112640516514106,0.3804045652942696,0.3899146794266263,0.39966254641229193,0.4096541100725992,0.4198954628244142,0.43039284939502453,0.4411526706299001,0.4521814873956476,0.46348602458053884,0.4750731751950523,0.48695000457492865,0.4991237546893019,0.5116018485565345,0.5243918947704478,0.537501692139709,0.5509392344432017,0.5647127153042818,0.5788305331868888,0.593301296516561,0.6081338289294751,0.623337174652712,0.6389206040190297,0.6548936191195055,0.6712659595974931,0.6880476085874305,0.7052487988021163,0.7228800187721692,0.7409520192414735,0.7594758197225103,0.7784627152155731,0.7979242830959623,0.8178723901733614,0.8383191999276955,0.8592771799258879]
["BALANCED GROWTH PATH"]
["K* (K*=Y* (s/(n+g+d))",2.70093587460062,2.7684592714656344,2.8376707532522767,2.908612522083583,2.981327835135671,4.609114634649048,4.7243425005152755,4.842451063028156,4.963512339603859,5.087600148093956,5.214790151796303,5.345159905591211,5.478788903230994,5.615758625811767,5.75615259145706,5.900056406243487,6.047557816399573,6.1987467618095655,6.353715430854803,6.5125583166261745,6.675372274541827,6.842256581405376,7.013312995940508,7.188645820839019,7.368361966359997,7.5525710155189945,7.741385290906969,7.934919923179647,8.133292921259137,8.336625244290618,8.545040875397879,8.758666897282826,8.977633569714898,9.202074408957776,9.432126269181717,9.667929425911254,9.909627661559037,10.157368353098018,10.411302561925464,10.671585125973605,10.938374754122943,11.211834122976013,11.492129976050416,11.779433225451674,12.073919056087972,12.375767032490176,12.685161208302429,13.002290238509984,13.32734749447273,13.660531181834553,14.002044461380413]
["Y* (Y*= A(K*^q)(AN)^(1-q))",6.752339686501551,6.921148178664088,7.094176883130693,7.271531305208958,7.45331958783918,8.642089939966967,8.858142188466143,9.079595743177794,9.306585636757239,9.53925027767617,9.777731534618072,10.022174822983523,10.272729193558115,10.529547423397066,10.792786108981991,11.062605761706541,11.339170905749203,11.622650178392938,11.913216432852758,12.21104684367408,12.516323014765929,12.829231090135083,13.149961867388456,13.478710914073163,13.815678686924997,14.161070654098118,14.51509742045057,14.877974855961842,15.249924227360887,15.63117233304491,16.021951641371025,16.4225004324053,16.833062943215438,17.253889516795834,17.685236754715724,18.127367673583606,18.5805518654232,19.04506566205879,19.52119230361025,20.009222111200515,20.50945266398052,21.02218898058003,21.547743705094536,22.086437297721893,22.638598230164952,23.204563185919085,23.78467726556706,24.379294197206224,24.988776552136375,25.613495965939794,26.25383336508828]
["Y* growth rate (Y*(t) - Y*(t-1))/Y*(t-1)","--",0.024999999999999706,0.025000000000000473,0.024999999999999675,0.024999999999999665,0.1594954218879038,0.02500000000000024,0.02499999999999973,0.02499999999999999,0.024999999999999908,0.024999999999999828,0.02499999999999992,0.025000000000000442,0.024999999999999772,0.024999999999999856,0.025000000000000022,0.02499999999999986,0.02500000000000043,0.02499999999999974,0.02500000000000019,0.024999999999999776,0.025000000000000515,0.02499999999999961,0.02499999999999973,0.025000000000000338,0.02499999999999974,0.024999999999999863,0.02500000000000057,0.02499999999999997,0.025000000000000033,0.02499999999999951,0.024999999999999967,0.025000000000000324,0.02500000000000057,0.024999999999999696,0.024999999999999366,0.025000000000000175,0.025000000000000522,0.024999999999999478,0.02500000000000049,0.0249999999999997,0.024999999999999745,0.025000000000000282,0.024999999999999717,0.025000000000000508,0.0250000000000004,0.024999999999999845,0.024999999999999564,0.024999999999999807,0.02500000000000038,0.024999999999999637]
["K*/Y* (capital to output ratio)",0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332,0.5333333333333332]
["ACTUAL GDP PATH"]
["Investment"]
["S (Total saving)",0.20257019059504652,0.20763444535992262,0.21282530649392079,0.21814593915626873,0.22359958763517537,0.34568359759867867,0.35432568753864574,0.3631838297271118,0.37226342547028957,0.3815700111070468,0.3911092613847229,0.40088699291934093,0.4109091677423246,0.42118189693588265,0.43171144435927966,0.44250423046826165,0.45356683622996813,0.4649060071357175,0.4765286573141103,0.4884418737469632,0.5006529205906372,0.5131692436054034,0.5259984746955382,0.5391484365629265,0.5526271474769999,0.5664428261639247,0.5806038968180228,0.5951189942384737,0.6099969690944355,0.6252468933217964,0.6408780656548411,0.6569000172962121,0.6733225177286175,0.6901555806718334,0.707409470188629,0.7250947069433442,0.743222074616928,0.7618026264823516,0.78084769214441,0.8003688844480206,0.8203781065592208,0.8408875592232012,0.8619097482037814,0.8834574919088758,0.9055439292065981,0.9281825274367634,0.9513870906226823,0.975171767888249,0.9995510620854551,1.0245398386375917,1.0501533346035312]
["I (Gross investment)",0.20257019059504652,0.20763444535992262,0.21282530649392079,0.21814593915626873,0.22359958763517537,0.34568359759867867,0.35432568753864574,0.3631838297271118,0.37226342547028957,0.3815700111070468,0.3911092613847229,0.40088699291934093,0.4109091677423246,0.42118189693588265,0.43171144435927966,0.44250423046826165,0.45356683622996813,0.4649060071357175,0.4765286573141103,0.4884418737469632,0.5006529205906372,0.5131692436054034,0.5259984746955382,0.5391484365629265,0.5526271474769999,0.5664428261639247,0.5806038968180228,0.5951189942384737,0.6099969690944355,0.6252468933217964,0.6408780656548411,0.6569000172962121,0.6733225177286175,0.6901555806718334,0.707409470188629,0.7250947069433442,0.743222074616928,0.7618026264823516,0.78084769214441,0.8003688844480206,0.8203781065592208,0.8408875592232012,0.8619097482037814,0.8834574919088758,0.9055439292065981,0.9281825274367634,0.9513870906226823,0.975171767888249,0.9995510620854551,1.0245398386375917,1.0501533346035312]
["dK (capital depreciation)",0.13504679373008094,0.13842296357332923,0.1418835376626589,0.14543062610422197,0.14906639175682432,0.15279305155074185,0.1624375788531387,0.17203198428741406,0.18158957655939895,0.19112326900494347,0.20064560611004867,0.21016878887378235,0.21970469907606027,0.22926492250937347,0.23886077123069893,0.24850330488712796,0.25820335116618465,0.2679715254193738,0.277818249505191,0.28775376989563695,0.29778817508820327,0.307931412363325,0.3181933039254289,0.3285835624639344,0.339111806168884,0.3497875732342898,0.3606203358807715,0.3716195139276341,0.38279448794317605,0.39415461200073904,0.40570922606679183,0.4174676680461943,0.4294392855086952,0.44163344711969127,0.45405955379729834,0.4667270496168649,0.47964543248318886,0.49282426458987577,0.5062731826844996,0.520001908157495,0.5340202569720213,0.5483381494513813,0.5629656199399723,0.5779128263531627,0.5931900596309484,0.6088077531097309,0.6247764918260825,0.6411070217659125,0.6578102590720294,0.6748972992227007,0.6923794261934453]
["DK (Net investment)",0.06752339686496558,0.06921148178659339,0.07094176883126188,0.07271531305204676,0.07453319587835106,0.19289054604793682,0.19188810868550704,0.1911518454396977,0.19067384891089062,0.19044674210210333,0.19046365527467424,0.1907182040455586,0.19120446866626434,0.19191697442650918,0.19285067312858073,0.1940009255811337,0.19536348506378348,0.1969344817163437,0.1987104078089193,0.20068810385132624,0.20286474550243389,0.2052378312420784,0.2078051707701093,0.21056487409899216,0.21351534130811595,0.21665525292963494,0.2199835609372513,0.2234994803108396,0.2272024811512594,0.23109228132105736,0.23516883958804924,0.23943234925001777,0.2438832322199223,0.2485221335521421,0.25334991639133064,0.2583676573264793,0.26357664213373916,0.26897836189247587,0.27457450945991035,0.28036697629052554,0.28635784958719956,0.29254940977182,0.2989441282638091,0.30554466555571314,0.3123538695756497,0.31937477432703254,0.3266105987965998,0.3340647461223365,0.3417408030134257,0.349642539414891,0.35777390841008594]
["Capital stock"]
["K (K(t) = K(t-1) + DK(t-1))",2.7009358746016185,2.7684592714665843,2.8376707532531777,2.9086125220844394,2.981327835136486,3.055861031014837,3.248751577062774,3.440639685748281,3.6317915311879787,3.8224653800988695,4.012912122200973,4.203375777475647,4.3940939815212054,4.585298450187469,4.777215424613979,4.970066097742559,5.1640670233236925,5.359430508387476,5.55636499010382,5.755075397912739,5.955763501764065,6.158628247266499,6.363866078508577,6.571671249278687,6.782236123377679,6.995751464685795,7.21240671761543,7.432390278552681,7.655889758863521,7.88309224001478,8.114184521335837,8.349353360923885,8.588785710173903,8.832668942393825,9.081191075945966,9.334540992337297,9.592908649663777,9.856485291797515,10.125463653689991,10.400038163149901,10.680405139440426,10.966762989027625,11.259312398799445,11.558256527063254,11.863801192618967,12.176155062194617,12.49552983652165,12.82214043531825,13.156205181440587,13.497945984454013,13.847588523868904]
["Output"]
["Y* (Y*= A(K*^q)(AN)^(1-q))",6.7523396865022995,6.9211481786648,7.094176883131369,7.2715313052096,7.453319587839791,7.63965257753574,7.91690048004958,8.194806414833746,8.47402848781282,8.755146553352954,9.038678779909192,9.325094222228325,9.614822513691703,9.908261445235336,10.205782968871986,10.507738010253172,10.814460369400054,11.126269915238508,11.443475227453327,11.766375801667644,12.095263906594518,12.430426161603574,12.772144888053523,13.12069927634856,13.476366401990536,13.839422117216554,14.210141839626097,14.588801255145613,14.97567694948243,15.371046979683216,15.775191395385793,16.18839271772462,16.610936382533218,17.043111153416586,17.485209509391865,17.93752801107721,18.40036764881638,18.87403417563583,19.35883842752259,19.855096633170625,20.363130715057153,20.883268583470908,21.415844424910997,21.961198986104236,22.519679854743334,23.09164173792446,23.6774467391581,24.277464634736628,24.892073150165526,25.52165823729935,26.166614352767056]
["Y growth rate  (Y(t) - Y(t-1))/Y(t-1)","--",0.024999999999991543,0.024999999999992636,0.024999999999992535,0.02499999999999318,0.02499999999999391,0.03629064276156773,0.03510287081219262,0.03407305296115881,0.03317407605419699,0.03238463512043139,0.03168775540024333,0.031069744128992254,0.03051943300313349,0.030027621422900757,0.02958666104326929,0.0291901414793165,0.028832649544006033,0.02850958269315176,0.028217002946768044,0.027951521392021176,0.027710206044063296,0.02749050772736067,0.027290199989906064,0.027107330040183363,0.026940178412809608,0.026787225598701798,0.026647124271736326,0.02651867604271889,0.02640081189882037,0.0262925756610306,0.026193109927001513,0.026101644071554738,0.026017483959411787,0.025940003089556386,0.025868634942142914,0.025802866339963267,0.025742231669480743,0.02568630783304307,0.025634709825487406,0.025587086845892677,0.025543118869690726,0.025502513618084772,0.025465003871567186,0.025430345082364216,0.025398313247364034,0.025368703008740473,0.02534132595412874,0.02531600909221408,0.025292593482903046,0.02527093300407564]
["K/Y (capital to output ratio)",0.4000000000001035,0.400000000000096,0.40000000000008884,0.4000000000000824,0.40000000000007646,0.4000000000000708,0.41035650065951423,0.41985612735405703,0.4285791033640198,0.43659639011239415,0.4439710957668626,0.45075960385000896,0.4570124903776358,0.4627752785421743,0.4680890666776534,0.4729910560096664,0.4775149981533638,0.48169157761014003,0.48554874106546686,0.4891119827310865,0.49240459305041656,0.4954478766214731,0.4982613440645388,0.5008628816853393,0.5032689020963325,0.5054944784134391,0.5075534642098412,0.5094586010575204,0.5112216152023841,0.5128533046860314,0.514363618035672,0.5157617254850881,0.5170560835574092,0.5182544937297533,0.51936415580655,0.5203917165493935,0.5213433140441,0.522224618228205,0.5230408679528289,0.5237969049103105,0.5244972047222086,0.5251459054502517,0.5257468337649375,0.5263035289820307,0.5268192651557649,0.5272970713986594,0.5277397505811454,0.5281498965494158,0.5285299099867502,0.5288820130318593,0.5292082627573312]
["Comparison to steady state"]
["(Y-Y*)/Y*",1.1088518092535889e-13,1.0291920852025328e-13,9.527585631520311e-14,8.83105594255208e-14,8.198585147894388e-14,-0.11599478475632001,-0.10625723638102345,-0.09744809718085296,-0.08945892526429412,-0.08219762575662583,-0.07558529829667159,-0.06955382569825126,-0.06404400110916743,-0.059004053372817146,-0.05438847153854813,-0.05015705733400135,-0.04627415361409796,-0.04270801026750549,-0.03943025865827795,-0.03641547262074395,-0.03364079911286033,-0.031085645408489595,-0.0287314125428689,-0.026561266875365815,-0.02455994328064265,-0.022713574752801745,-0.02100954420015228,-0.019436354988888304,-0.017983517412264387,-0.016641448755048197,-0.015401385019042323,-0.014255302695485491,-0.013195849230264305,-0.012216281040519316,-0.011310408115996673,-0.010472544382880491,-0.00969746312767629,-0.008980356878668246,-0.008316801226205577,-0.007702722133491412,-0.007134366349051569,-0.006608274582511545,-0.006121257148253266,-0.005670371818209682,-0.0052529036565154685,-0.004866346635783644,-0.004508386858130532,-0.004176887224293224,-0.003869873411732987,-0.0035855210379156866,-0.003322143898315663]
["(K-K*)/K*",3.6978169024485793e-13,3.4311749848008387e-13,3.1753402178637834e-13,2.9452121219195997e-13,2.733358238805633e-13,-0.3369960885671225,-0.31233783818416244,-0.28948385002434546,-0.2683021049006128,-0.24867024356642156,-0.23047485989082947,-0.2136108457524761,-0.19798078386814896,-0.1834943850485282,-0.17006796663034301,-0.15762396907202528,-0.14609050792041353,-0.1354009585603837,-0.12549357134864803,-0.11631111490850327,-0.10780054552495398,-0.0999127007304456,-0.09260201531114436,-0.08582625809325552,-0.07954628798887123,-0.07372582789212424,-0.06833125511952974,-0.06333140718395486,-0.05869740178025073,-0.0544024699426716,-0.05042180141028062,-0.04673240130708938,-0.04331295730900984,-0.04014371653030236,-0.03720637141832878,-0.03448395399747479,-0.0319607378513183,-0.02962214727683211,-0.027454673085843897,-0.025445794567367987,-0.023583907159999463,-0.021858255416584534,-0.020258870873907868,-0.018776514468499806,-0.01740262316592709,-0.016129260495249792,-0.01494907070291431,-0.013855236261237174,-0.012841438486024467,-0.011901821035827818,-0.011030956081986445]
["Ygrth-Y*grth","--",-8.163608677946854e-15,-7.837480664463214e-15,-7.140121827120538e-15,-6.484396353201305e-15,-0.1344954218879099,0.01129064276156749,0.01010287081219289,0.00907305296115882,0.008174076054197083,0.007384635120431561,0.006687755400243408,0.006069744128991812,0.005519433003133716,0.005027621422900901,0.004586661043269269,0.00419014147931664,0.0038326495440056015,0.003509582693152019,0.003217002946767855,0.0029515213920214,0.002710206044062781,0.0024905077273610597,0.0022901999899063337,0.0021073300401830246,0.0019401784128098669,0.0017872255987019352,0.0016471242717357552,0.0015186760427189187,0.001400811898820336,0.0012925756610310916,0.0011931099270015462,0.001101644071554414,0.0010174839594112167,0.0009400030895566902,0.0008686349421435473,0.0008028663399630917,0.0007422316694802207,0.000686307833043593,0.0006347098254869156,0.0005870868458929777,0.0005431188696909811,0.0005025136180844894,0.00046500387156746953,0.00043034508236370825,0.0003983132473636339,0.00036870300874062775,0.00034132595412917494,0.00031600909221427345,0.0002925934829026665,0.0002709330040760044]

{"sheet":"3","index":8,"n_rows":32,"n_cols":52,"rows_kept":32,"cut":false,"hidden":false,"merged":[],"flags":["formulas_cached_only"]}
["Year",0,1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,40,41,42,43,44,45,46,47,48,49,50]
["PARAMETERS"]
["s (savings rate)",0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03]
["n (labor force growth rate)",0.015,0.015,0.015,0.015,0.015,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055,0.055]
["g (labor productivity growth rate)",0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01]
["d (capital depreciation rate)",0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05]
["A (C-D technology index)",1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1]
["q (C-D parameter)",0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3]
["EFFECTIVE LABOR SUPPLY"]
["AN (AN(t)=AN(t-1) + DAN)",10,10.25,10.50625,10.768906249999999,11.038128906249998,11.314082128906248,12.049497467285155,12.83271480265869,13.666841264831506,14.555185947045555,15.501273033603516,16.508855780787744,17.58193140653895,18.724756947963982,19.941866149581642,21.238087449304448,22.618563133509237,24.088769737187338,25.654539770104513,27.322084855161307,29.09802037074679,30.989391694845335,33.00370215501028,35.14894279508595,37.433624076766534,39.86680964175636,42.45815226847053,45.21793216592111,48.15709775670599,51.287309110891876,54.620984203099844,58.171348176301336,61.95248580776092,65.97939738526539,70.26805821530763,74.83548199930263,79.6997883292573,84.88027457065903,90.39749241775186,96.27332942490574,102.53109583752462,109.19561706696372,116.29333217631637,123.85239876777693,131.90280468768242,140.47648699238178,149.60745864688658,159.3319434589342,169.68851978376492,180.71827356970965,192.46496135174078]
["(n+g)AN (Change in effective labor supply)",0.25,0.25625000000000003,0.26265625,0.26922265624999997,0.27595322265624994,0.7354153383789062,0.7832173353735351,0.8341264621728149,0.8883446822140479,0.946087086557961,1.0075827471842285,1.0730756257512035,1.1428255414250317,1.2171092016176588,1.2962212997228069,1.3804756842047892,1.4702066036781005,1.565770032917177,1.6675450850567934,1.775935515585485,1.8913713240985415,2.0143104601649466,2.1452406400756683,2.284681281680587,2.4331855649898246,2.5913426267141637,2.7597798974505845,2.9391655907848726,3.130211354185889,3.333675092207972,3.55036397320149,3.781137631459587,4.02691157750446,4.28866083004225,4.567423783994997,4.864306329954671,5.1804862414017245,5.517217847092837,5.875837007153871,6.2577664126188735,6.6645212294391,7.0977151093526425,7.559066591460565,8.0504059199055,8.573682304699357,9.130971654504815,9.724484812047628,10.356576324830725,11.02975378594472,11.746687782031128,12.510222487863151]
["BALANCED GROWTH PATH"]
["K* (K*=Y* (s/(n+g+d))",2.70093587460062,2.7684592714656344,2.8376707532522767,2.908612522083583,2.981327835135671,1.659351874749208,1.7672097466079064,1.8820783801374201,2.0044134748463525,2.134700350711366,2.2734558735076043,2.4212305052855987,2.5786104881291636,2.746220169857558,2.924724480898299,3.1148315721566906,3.3172956243468743,3.532919839929421,3.762559629524835,4.007126005443948,4.267589195797804,4.544982493524659,4.840406355603763,5.155032768718009,5.490109898684678,5.846967042099186,6.227019899835632,6.631776193324947,7.0628416458910666,7.521926352873984,8.010851565810793,8.531556917588505,9.086108117231754,9.676705144851818,10.30569097926718,10.975560892919548,11.688972350959327,12.448755553771681,13.257924664766836,14.119689767976679,15.03746960289516,16.01490512708336,17.055873960343778,18.16450576776612,19.345198642670912,20.602636554444523,21.941807930483417,23.368025445964843,24.886947099952554,26.50459866144946,28.22739757444367]
["Y* (Y*= A(K*^q)(AN)^(1-q))",6.752339686501551,6.921148178664088,7.094176883130693,7.271531305208958,7.45331958783918,6.360848853205297,6.774304028663641,7.2146337905267774,7.6835849869110175,8.183018011060238,8.71491418177915,9.281383603594795,9.88467353782846,10.527177317787306,11.21144384344348,11.940187693267314,12.716299893329685,13.542859386396113,14.423145246511867,15.360649687535135,16.359091917224916,17.42243289184453,18.554891029814424,19.760958946752368,21.04542127829127,22.413373661380213,23.870242949369924,25.421808741078962,27.074226309249088,28.834051019350273,30.708264335608042,32.7043015174226,34.83008111605506,37.09403638859864,39.505148753857526,42.072983422858265,44.80772734534409,47.72022962279144,50.82204454827287,54.125477443910604,57.64363347776478,61.39046965381955,65.38085018131781,69.63060544310346,74.15659479690517,78.976773458704,84.11026373351977,89.57743087619856,95.39996388315146,101.60096153555627,108.20502403536742]
["Y* growth rate (Y*(t) - Y*(t-1))/Y*(t-1)","--",0.024999999999999706,0.025000000000000473,0.024999999999999675,0.024999999999999665,-0.14657505582027572,0.0649999999999999,0.06499999999999995,0.06499999999999993,0.06500000000000053,0.06499999999999964,0.06500000000000004,0.06500000000000034,0.06499999999999956,0.06499999999999989,0.06500000000000071,0.06499999999999967,0.06499999999999989,0.06500000000000045,0.06499999999999978,0.06499999999999981,0.06499999999999964,0.06500000000000002,0.06500000000000031,0.06499999999999984,0.06500000000000057,0.06499999999999989,0.0649999999999997,0.06499999999999974,0.0649999999999998,0.06500000000000006,0.06500000000000113,0.0649999999999998,0.06499999999999992,0.06499999999999935,0.06499999999999999,0.06500000000000093,0.0649999999999997,0.06499999999999966,0.06499999999999995,0.06499999999999975,0.06500000000000104,0.06499999999999982,0.0649999999999999,0.06499999999999971,0.06499999999999999,0.06500000000000013,0.06500000000000006,0.06499999999999988,0.06499999999999961,0.06499999999999992]
["K*/Y* (capital to output ratio)",0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.26086956521739124,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913]
["ACTUAL GDP PATH"]
["Investment"]
["S (Total saving)",0.20257019059504652,0.20763444535992262,0.21282530649392079,0.21814593915626873,0.22359958763517537,0.19082546559615893,0.2032291208599092,0.21643901371580332,0.23050754960733053,0.24549054033180712,0.2614474254533745,0.27844150810784385,0.2965402061348538,0.3158153195336192,0.33634331530330436,0.35820563079801937,0.38148899679989057,0.4062857815918834,0.432694357395356,0.46081949062605404,0.4907727575167475,0.5226729867553359,0.5566467308944327,0.592828768402571,0.6313626383487381,0.6724012098414064,0.7161072884810977,0.7626542622323689,0.8122267892774726,0.8650215305805081,0.9212479300682412,0.981129045522678,1.044902433481652,1.112821091657959,1.1851544626157258,1.262189502685748,1.3442318203603227,1.4316068886837432,1.524661336448186,1.623764323317318,1.7293090043329433,1.8417140896145865,1.9614255054395342,2.088918163293104,2.2246978439071547,2.36930320376112,2.5233079120055932,2.687322926285957,2.8619989164945436,3.048028846066688,3.2461507210610225]
["I (Gross investment)",0.20257019059504652,0.20763444535992262,0.21282530649392079,0.21814593915626873,0.22359958763517537,0.19082546559615893,0.2032291208599092,0.21643901371580332,0.23050754960733053,0.24549054033180712,0.2614474254533745,0.27844150810784385,0.2965402061348538,0.3158153195336192,0.33634331530330436,0.35820563079801937,0.38148899679989057,0.4062857815918834,0.432694357395356,0.46081949062605404,0.4907727575167475,0.5226729867553359,0.5566467308944327,0.592828768402571,0.6313626383487381,0.6724012098414064,0.7161072884810977,0.7626542622323689,0.8122267892774726,0.8650215305805081,0.9212479300682412,0.981129045522678,1.044902433481652,1.112821091657959,1.1851544626157258,1.262189502685748,1.3442318203603227,1.4316068886837432,1.524661336448186,1.623764323317318,1.7293090043329433,1.8417140896145865,1.9614255054395342,2.088918163293104,2.2246978439071547,2.36930320376112,2.5233079120055932,2.687322926285957,2.8619989164945436,3.048028846066688,3.2461507210610225]
["dK (capital depreciation)",0.13504679373008094,0.13842296357332923,0.1418835376626589,0.14543062610422197,0.14906639175682432,0.15279305155074185,0.1546946722530127,0.15712139468335753,0.16008727563497982,0.16360828933359736,0.16770240188350782,0.17238965306200116,0.1776922458142933,0.18363464383032133,0.19024367761548622,0.1975486594998771,0.20558150806478423,0.21437688250153952,0.22397232745605675,0.2344084289530217,0.24572898203667332,0.257981170810677,0.27121576160790994,0.2854873100722361,0.30085438298875283,0.3173797957567521,0.33513086646098483,0.3541796875619905,0.3746034162955094,0.39648458494460753,0.4199114322264026,0.4449782571184946,0.4717857965387038,0.5004416283858512,0.5310606015494566,0.56376529460277,0.5986865050069189,0.6359637707745891,0.6757459266700468,0.7181916971589537,0.7634703284668719,0.8117622622601754,0.8632598536278959,0.9181681362184778,0.9767056375722091,1.0391052478889564,1.1056151456825645,1.176499783998716,1.252040941113078,1.3325388398821512,1.4183133401913781]
["DK (Net investment)",0.06752339686496558,0.06921148178659339,0.07094176883126188,0.07271531305204676,0.07453319587835106,0.03803241404541707,0.04853444860689651,0.059317619032445784,0.0704202739723507,0.08188225099820975,0.09374502356986669,0.10605185504584269,0.11884796032056053,0.13218067570329786,0.14609963768781814,0.16065697129814227,0.17590748873510634,0.19190889909034387,0.20872202993929925,0.22641106167303235,0.24504377548007417,0.2646918159446589,0.2854309692865228,0.30734145833033494,0.33050825535998524,0.35502141408465426,0.3809764220201129,0.4084745746703784,0.4376233729819632,0.4685369456359006,0.5013364978418386,0.5361507884041834,0.5731166369429481,0.6123794632721079,0.6540938610662692,0.6984242080829779,0.7455453153534038,0.7956431179091541,0.8489154097781392,0.9055726261583643,0.9658386758660714,1.029951827354411,1.0981656518116383,1.170750027074626,1.2479922063349456,1.3301979558721635,1.4176927663230288,1.510823142287241,1.6099579753814657,1.7154900061845366,1.8278373808696444]
["Capital stock"]
["K (K(t) = K(t-1) + DK(t-1))",2.7009358746016185,2.7684592714665843,2.8376707532531777,2.9086125220844394,2.981327835136486,3.055861031014837,3.093893445060254,3.1424278936671506,3.2017455126995964,3.272165786671947,3.3540480376701565,3.447793061240023,3.5538449162858656,3.672692876606426,3.804873552309724,3.950973189997542,4.111630161295684,4.2875376500307905,4.479446549121135,4.6881685790604335,4.914579640733466,5.15962341621354,5.424315232158198,5.709746201444721,6.017087659775056,6.347595915135042,6.702617329219696,7.083593751239809,7.4920683259101875,7.92969169889215,8.398228644528052,8.899565142369891,9.435715930774075,10.008832567717024,10.621212030989131,11.2753058920554,11.973730100138377,12.719275415491781,13.514918533400936,14.363833943179074,15.269406569337438,16.235245245203508,17.265197072557918,18.363362724369555,19.53411275144418,20.782104957779126,22.112302913651288,23.529995679974316,25.040818822261556,26.650776797643022,28.36626680382756]
["Output"]
["Y* (Y*= A(K*^q)(AN)^(1-q))",6.7523396865022995,6.9211481786648,7.094176883131369,7.2715313052096,7.453319587839791,7.63965257753574,8.013640580666292,8.414001325423783,8.842676723072111,9.301714821224655,9.793274768291644,10.319632674126353,10.883188430518631,11.486473532482881,12.132159921274367,12.823069854116063,13.562186794507035,14.352667310919209,15.197853970399734,16.101289216464618,17.066730226879837,18.09816475559634,19.199827973391923,20.376220332941564,21.63212649550256,22.972635367735553,24.4031613081109,25.92946657272735,27.557685080153213,29.29434758412573,31.146408351697843,33.12127345282084,35.226830775530736,37.47148188900156,39.8641758848719,42.414445335569035,45.1324445169576,48.0289900516316,51.11560413864145,54.404560545481665,57.908933548838874,61.64265002197912,65.62054487880494,69.85842009760063,74.37310756136466,79.18253596646974,84.30580206725023,89.76324654106205,95.57653477645916,101.76874290645146,108.36444942943305]
["Y growth rate  (Y(t) - Y(t-1))/Y(t-1)","--",0.024999999999991543,0.024999999999992636,0.024999999999992535,0.02499999999999318,0.02499999999999391,0.04895353543042748,0.049959907825589366,0.05094786428818845,0.0519116679856487,0.052846164015407926,0.053746874083318324,0.05461005969769051,0.055432753536869606,0.05621276077166184,0.056948633823244506,0.05763962520673028,0.05828562372642846,0.05888707939586428,0.05944492214653921,0.05996047878128869,0.060435391841608246,0.06087154320191084,0.06127098436402371,0.061635874663693885,0.06196842795421387,0.06227086781625768,0.06254539095757036,0.06279413820022145,0.06301917228973801,0.06322246167979938,0.06340586942877285,0.06357114637241024,0.06371992779520781,0.06385373289900846,0.06397396645204301,0.06408192208773815,0.06417878680570219,0.06426564630427813,0.06434349084321764,0.06441322139579803,0.06447565590188827,0.0645315354775868,0.06458153047376636,0.06462624630583502,0.06466622900134783,0.06470197043133295,0.06473391320633481,0.06476245522980088,0.06478795391018374,0.06481073003962066]
["K/Y (capital to output ratio)",0.4000000000001035,0.400000000000096,0.40000000000008884,0.4000000000000824,0.40000000000007646,0.4000000000000708,0.3860783889565225,0.3734760397733688,0.36207877014724227,0.3517809188479438,0.3424848293371475,0.33410036675863647,0.3265444624959516,0.31974068161305796,0.313618809593639,0.3081144558164692,0.30316867210242077,0.2987275854132647,0.2947420443600509,0.2911672795906601,0.287962578384996,0.2850909739131463,0.28251894963202195,0.28021615923606613,0.2781551624629248,0.27631117690789925,0.2746618458401101,0.27318702185298105,0.2718685660322719,0.27069016219324027,0.2696371456283899,0.26869634572012335,0.26785594170816845,0.2671053308584192,0.26643500825561495,0.26583645743446405,0.265302051069702,0.26482496096250296,0.26439907658616857,0.2640189314859193,0.2636796368639671,0.2633768217202654,0.2631065789600671,0.2628654169205906,0.26265021580988446,0.26245818859071923,0.262286845880577,0.2621339644752105,0.2619975591375928,0.261875857326263,0.2617672765670228]
["Comparison to steady state"]
["(Y-Y*)/Y*",1.1088518092535889e-13,1.0291920852025328e-13,9.527585631520311e-14,8.83105594255208e-14,8.198585147894388e-14,0.2010429352815136,0.18294669780965436,0.1662409444082724,0.15085298570076416,0.13670956224859546,0.1237373729700166,0.11186360944390135,0.101016476555232,0.0911256821973251,0.08212288182394345,0.07394206720440237,0.06651989244300997,0.05979593388797588,0.05371288374671433,0.04821667989281062,0.043256576418513215,0.03878516094432033,0.03475832558332996,0.03113519884571756,0.02787804574938539,0.02495214307335563,0.022325636143349013,0.019969382856227142,0.017856789899808368,0.015963645360360813,0.014267951171103705,0.01274975816793101,0.011391005899575427,0.010175368796449818,0.009088109837311127,0.008115942463097435,0.007246901167533729,0.00647022093734213,0.005776225513512071,0.005156224291236421,0.004602417562321602,0.004107809723261848,0.0036661300185358474,0.0032717603566339523,0.0029196697212495325,0.002605354698028165,0.002324785645066616,0.002074358050302779,0.0018508486389362463,0.0016513758173093863,0.0014733640649950482]
["(K-K*)/K*",3.6978169024485793e-13,3.4311749848008387e-13,3.1753402178637834e-13,2.9452121219195997e-13,2.733358238805633e-13,0.8415991674319803,0.750722262028527,0.6696583558000947,0.5973478291174554,0.5328454813723773,0.4753081758720741,0.4239838188530238,0.3782015285543398,0.33736286584659486,0.30093401178804247,0.2684387898578773,0.23945244165726184,0.2135960747177454,0.1905317098421198,0.16995786323944986,0.1516056057065518,0.13523504734387282,0.12063220185603654,0.10760618944904649,0.09598674176206042,0.08562197621967772,0.07637641071238872,0.06812919265424366,0.060772519269043944,0.054210228455954926,0.0483565418151712,0.0431349434032031,0.03847717956154309,0.034322366745038586,0.030616195688063192,0.02731022150578387,0.024361230451167924,0.02173067505033776,0.019384170232695997,0.017291043869541087,0.015423935846069714,0.01375844042607057,0.01227278723452296,0.010947556688072292,0.009765426153679733,0.008710943517366811,0.007770325203284836,0.006931276002929982,0.006182828359421226,0.005515199006056863,0.004919661085215231]
["Ygrth-Y*grth","--",-8.163608677946854e-15,-7.837480664463214e-15,-7.140121827120538e-15,-6.484396353201305e-15,0.17157505582026963,-0.016046464569572427,-0.015040092174410581,-0.014052135711811485,-0.013088332014351826,-0.012153835984591715,-0.01125312591668172,-0.010389940302309823,-0.009567246463129953,-0.008787239228338052,-0.008051366176756204,-0.0073603747932693905,-0.0067143762735714305,-0.0061129206041361656,-0.005555077853460572,-0.005039521218711117,-0.004564608158391395,-0.004128456798089174,-0.0037290156359766,-0.003364125336305951,-0.003031572045786704,-0.002729132183742211,-0.0024546090424293343,-0.0022058617997782887,-0.0019808277102617844,-0.0017775383202006806,-0.0015941305712282722,-0.0014288536275895575,-0.001280072204792107,-0.0011462671009908887,-0.001026033547956981,-0.0009180779122627825,-0.0008212131942975098,-0.0007343536957215291,-0.0006565091567823089,-0.0005867786042017265,-0.0005243440981127778,-0.0004684645224130174,-0.0004184695262335475,-0.0003737536941646885,-0.0003337709986521581,-0.0002980295686671741,-0.00026608679366524335,-0.00023754477019899412,-0.00021204608981587048,-0.00018926996037925414]

{"sheet":"4","index":10,"n_rows":32,"n_cols":52,"rows_kept":32,"cut":false,"hidden":false,"merged":[],"flags":["formulas_cached_only"]}
["Year",0,1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,40,41,42,43,44,45,46,47,48,49,50]
["PARAMETERS"]
["s (savings rate)",0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03]
["n (labor force growth rate)",0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015]
["g (labor productivity growth rate)",0.01,0.01,0.01,0.01,0.01,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05]
["d (capital depreciation rate)",0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05,0.05]
["A (C-D technology index)",1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1]
["q (C-D parameter)",0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3]
["EFFECTIVE LABOR SUPPLY"]
["AN (AN(t)=AN(t-1) + DAN)",10,10.25,10.50625,10.768906249999999,11.038128906249998,11.314082128906248,12.049497467285155,12.83271480265869,13.666841264831506,14.555185947045555,15.501273033603516,16.508855780787744,17.58193140653895,18.724756947963982,19.941866149581642,21.238087449304448,22.618563133509237,24.088769737187338,25.654539770104513,27.322084855161307,29.09802037074679,30.989391694845335,33.00370215501028,35.14894279508595,37.433624076766534,39.86680964175636,42.45815226847053,45.21793216592111,48.15709775670599,51.287309110891876,54.620984203099844,58.171348176301336,61.95248580776092,65.97939738526539,70.26805821530763,74.83548199930263,79.6997883292573,84.88027457065903,90.39749241775186,96.27332942490574,102.53109583752462,109.19561706696372,116.29333217631637,123.85239876777693,131.90280468768242,140.47648699238178,149.60745864688658,159.3319434589342,169.68851978376492,180.71827356970965,192.46496135174078]
["(n+g)AN (Change in effective labor supply)",0.25,0.25625000000000003,0.26265625,0.26922265624999997,0.27595322265624994,0.7354153383789062,0.7832173353735351,0.8341264621728149,0.8883446822140479,0.946087086557961,1.0075827471842285,1.0730756257512035,1.1428255414250317,1.2171092016176588,1.2962212997228069,1.3804756842047892,1.4702066036781005,1.565770032917177,1.6675450850567934,1.775935515585485,1.8913713240985415,2.0143104601649466,2.1452406400756683,2.284681281680587,2.4331855649898246,2.5913426267141637,2.7597798974505845,2.9391655907848726,3.130211354185889,3.333675092207972,3.55036397320149,3.781137631459587,4.02691157750446,4.28866083004225,4.567423783994997,4.864306329954671,5.1804862414017245,5.517217847092837,5.875837007153871,6.2577664126188735,6.6645212294391,7.0977151093526425,7.559066591460565,8.0504059199055,8.573682304699357,9.130971654504815,9.724484812047628,10.356576324830725,11.02975378594472,11.746687782031128,12.510222487863151]
["BALANCED GROWTH PATH"]
["K* (K*=Y* (s/(n+g+d))",2.70093587460062,2.7684592714656344,2.8376707532522767,2.908612522083583,2.981327835135671,1.6593518747492075,1.7672097466079055,1.8820783801374201,2.004413474846352,2.134700350711366,2.2734558735076047,2.421230505285599,2.578610488129164,2.7462201698575583,2.9247244808982993,3.114831572156691,3.3172956243468756,3.5329198399294217,3.7625596295248362,4.00712600544395,4.2675891957978065,4.544982493524662,4.840406355603766,5.155032768718012,5.490109898684682,5.84696704209919,6.227019899835636,6.631776193324951,7.062841645891072,7.52192635287399,8.0108515658108,8.53155691758851,9.086108117231765,9.676705144851828,10.305690979267194,10.97556089291956,11.688972350959338,12.448755553771692,13.257924664766849,14.119689767976693,15.037469602895175,16.01490512708338,17.0558739603438,18.164505767766144,19.34519864267094,20.602636554444548,21.94180793048345,23.36802544596487,24.886947099952582,26.504598661449503,28.227397574443714]
["Y* (Y*= A(K*^q)(AN)^(1-q))",6.752339686501551,6.921148178664088,7.094176883130693,7.271531305208958,7.45331958783918,6.360848853205297,6.774304028663639,7.2146337905267774,7.683584986911016,8.183018011060238,8.714914181779152,9.281383603594795,9.88467353782846,10.527177317787308,11.21144384344348,11.940187693267314,12.716299893329689,13.542859386396115,14.42314524651187,15.360649687535137,16.35909191722492,17.422432891844533,18.554891029814428,19.760958946752375,21.045421278291276,22.41337366138022,23.87024294936993,25.42180874107897,27.074226309249095,28.83405101935028,30.708264335608046,32.70430151742261,34.83008111605508,37.09403638859865,39.50514875385755,42.07298342285829,44.8077273453441,47.72022962279146,50.82204454827288,54.12547744391062,57.64363347776479,61.39046965381957,65.38085018131785,69.6306054431035,74.15659479690521,78.97677345870403,84.11026373351982,89.57743087619859,95.39996388315149,101.60096153555631,108.20502403536747]
["Y* growth rate (Y*(t) - Y*(t-1))/Y*(t-1)","--",0.024999999999999706,0.025000000000000473,0.024999999999999675,0.024999999999999665,-0.14657505582027572,0.06499999999999963,0.06500000000000022,0.0649999999999997,0.06500000000000078,0.06499999999999985,0.06499999999999984,0.06500000000000034,0.06499999999999974,0.06499999999999971,0.06500000000000071,0.06499999999999997,0.06499999999999974,0.06500000000000057,0.06499999999999964,0.06499999999999992,0.06499999999999963,0.06500000000000002,0.06500000000000049,0.06499999999999982,0.06500000000000054,0.06499999999999986,0.06499999999999968,0.06499999999999972,0.06499999999999977,0.06499999999999992,0.06500000000000124,0.065,0.06499999999999989,0.06499999999999952,0.06500000000000013,0.06500000000000038,0.06499999999999984,0.06499999999999949,0.06500000000000007,0.0649999999999996,0.06500000000000128,0.06500000000000015,0.06499999999999986,0.06499999999999968,0.06499999999999975,0.06500000000000028,0.06499999999999985,0.06499999999999985,0.06499999999999975,0.06500000000000004]
["K*/Y* (capital to output ratio)",0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.26086956521739124,0.26086956521739124,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.26086956521739135,0.26086956521739135,0.2608695652173913,0.26086956521739135,0.26086956521739135,0.26086956521739135,0.26086956521739135,0.26086956521739135,0.26086956521739135,0.2608695652173914,0.26086956521739135,0.2608695652173914,0.26086956521739135,0.26086956521739135,0.2608695652173914,0.26086956521739135,0.2608695652173914,0.26086956521739146,0.26086956521739146,0.26086956521739146,0.2608695652173914,0.26086956521739146,0.26086956521739146,0.2608695652173915,0.26086956521739146,0.26086956521739146,0.26086956521739146,0.2608695652173915,0.26086956521739146,0.2608695652173915,0.2608695652173915,0.26086956521739146,0.26086956521739146,0.2608695652173915,0.2608695652173915,0.2608695652173915,0.2608695652173916,0.2608695652173915,0.26086956521739163,0.2608695652173915]
["ACTUAL GDP PATH"]
["Investment"]
["S (Total saving)",0.20257019059504652,0.20763444535992262,0.21282530649392079,0.21814593915626873,0.22359958763517537,0.19082546559615893,0.20322912085990918,0.21643901371580332,0.23050754960733047,0.24549054033180712,0.26144742545337457,0.27844150810784385,0.2965402061348538,0.31581531953361924,0.33634331530330436,0.35820563079801937,0.3814889967998906,0.40628578159188344,0.4326943573953561,0.4608194906260541,0.49077275751674754,0.522672986755336,0.5566467308944328,0.5928287684025713,0.6313626383487383,0.6724012098414066,0.716107288481098,0.7626542622323691,0.8122267892774728,0.8650215305805083,0.9212479300682413,0.9811290455226782,1.0449024334816523,1.1128210916579595,1.1851544626157264,1.2621895026857488,1.344231820360323,1.4316068886837436,1.5246613364481862,1.6237643233173185,1.7293090043329435,1.8417140896145872,1.9614255054395355,2.088918163293105,2.224697843907156,2.369303203761121,2.5233079120055946,2.6873229262859577,2.8619989164945445,3.048028846066689,3.246150721061024]
["I (Gross investment)",0.20257019059504652,0.20763444535992262,0.21282530649392079,0.21814593915626873,0.22359958763517537,0.19082546559615893,0.20322912085990918,0.21643901371580332,0.23050754960733047,0.24549054033180712,0.26144742545337457,0.27844150810784385,0.2965402061348538,0.31581531953361924,0.33634331530330436,0.35820563079801937,0.3814889967998906,0.40628578159188344,0.4326943573953561,0.4608194906260541,0.49077275751674754,0.522672986755336,0.5566467308944328,0.5928287684025713,0.6313626383487383,0.6724012098414066,0.716107288481098,0.7626542622323691,0.8122267892774728,0.8650215305805083,0.9212479300682413,0.9811290455226782,1.0449024334816523,1.1128210916579595,1.1851544626157264,1.2621895026857488,1.344231820360323,1.4316068886837436,1.5246613364481862,1.6237643233173185,1.7293090043329435,1.8417140896145872,1.9614255054395355,2.088918163293105,2.224697843907156,2.369303203761121,2.5233079120055946,2.6873229262859577,2.8619989164945445,3.048028846066689,3.246150721061024]
["dK (capital depreciation)",0.13504679373008094,0.13842296357332923,0.1418835376626589,0.14543062610422197,0.14906639175682432,0.15279305155074185,0.1546946722530127,0.15712139468335753,0.16008727563497982,0.16360828933359736,0.16770240188350782,0.17238965306200116,0.17769224581429333,0.18363464383032135,0.19024367761548622,0.19754865949987713,0.20558150806478423,0.21437688250153952,0.22397232745605675,0.23440842895302172,0.24572898203667337,0.2579811708106771,0.27121576160791,0.28548731007223616,0.30085438298875294,0.31737979575675224,0.33513086646098494,0.35417968756199064,0.3746034162955096,0.39648458494460775,0.4199114322264028,0.44497825711849476,0.47178579653870395,0.5004416283858514,0.5310606015494569,0.5637652946027704,0.5986865050069193,0.6359637707745895,0.6757459266700473,0.7181916971589543,0.7634703284668726,0.8117622622601761,0.8632598536278968,0.9181681362184788,0.9767056375722101,1.0391052478889573,1.1056151456825656,1.176499783998717,1.2520409411130793,1.3325388398821527,1.4183133401913794]
["DK (Net investment)",0.06752339686496558,0.06921148178659339,0.07094176883126188,0.07271531305204676,0.07453319587835106,0.03803241404541707,0.048534448606896485,0.059317619032445784,0.07042027397235065,0.08188225099820975,0.09374502356986675,0.10605185504584269,0.1188479603205605,0.1321806757032979,0.14609963768781814,0.16065697129814224,0.1759074887351064,0.19190889909034392,0.20872202993929936,0.22641106167303238,0.24504377548007417,0.2646918159446589,0.28543096928652284,0.3073414583303351,0.33050825535998535,0.3550214140846544,0.380976422020113,0.40847457467037845,0.43762337298196324,0.4685369456359006,0.5013364978418385,0.5361507884041834,0.5731166369429483,0.6123794632721081,0.6540938610662695,0.6984242080829784,0.7455453153534036,0.7956431179091541,0.848915409778139,0.9055726261583642,0.965838675866071,1.029951827354411,1.0981656518116387,1.170750027074626,1.247992206334946,1.3301979558721635,1.417692766323029,1.5108231422872407,1.6099579753814652,1.7154900061845364,1.8278373808696444]
["Capital stock"]
["K (K(t) = K(t-1) + DK(t-1))",2.7009358746016185,2.7684592714665843,2.8376707532531777,2.9086125220844394,2.981327835136486,3.055861031014837,3.093893445060254,3.1424278936671506,3.2017455126995964,3.272165786671947,3.3540480376701565,3.447793061240023,3.5538449162858656,3.672692876606426,3.804873552309724,3.950973189997542,4.111630161295684,4.2875376500307905,4.479446549121135,4.688168579060434,4.914579640733467,5.159623416213541,5.424315232158199,5.709746201444722,6.017087659775058,6.347595915135043,6.702617329219698,7.08359375123981,7.492068325910189,7.929691698892152,8.398228644528054,8.899565142369893,9.435715930774077,10.008832567717025,10.621212030989133,11.275305892055403,11.973730100138381,12.719275415491785,13.51491853340094,14.363833943179078,15.269406569337441,16.23524524520351,17.26519707255792,18.36336272436956,19.534112751444184,20.78210495777913,22.11230291365129,23.52999567997432,25.04081882226156,26.650776797643026,28.366266803827564]
["Output"]
["Y* (Y*= A(K*^q)(AN)^(1-q))",6.7523396865022995,6.9211481786648,7.094176883131369,7.2715313052096,7.453319587839791,7.63965257753574,8.013640580666292,8.414001325423783,8.842676723072111,9.301714821224655,9.793274768291644,10.319632674126353,10.883188430518631,11.486473532482881,12.132159921274367,12.823069854116063,13.562186794507035,14.352667310919209,15.197853970399734,16.101289216464618,17.066730226879837,18.09816475559634,19.199827973391923,20.376220332941568,21.63212649550256,22.972635367735553,24.4031613081109,25.929466572727353,27.557685080153213,29.294347584125735,31.146408351697847,33.12127345282084,35.22683077553074,37.47148188900156,39.8641758848719,42.41444533556904,45.1324445169576,48.02899005163161,51.11560413864146,54.404560545481665,57.90893354883889,61.64265002197913,65.62054487880494,69.85842009760063,74.37310756136466,79.18253596646974,84.30580206725023,89.76324654106205,95.57653477645916,101.76874290645146,108.36444942943305]
["Y growth rate  (Y(t) - Y(t-1))/Y(t-1)","--",0.024999999999991543,0.024999999999992636,0.024999999999992535,0.02499999999999318,0.02499999999999391,0.04895353543042748,0.049959907825589366,0.05094786428818845,0.0519116679856487,0.052846164015407926,0.053746874083318324,0.05461005969769051,0.055432753536869606,0.05621276077166184,0.056948633823244506,0.05763962520673028,0.05828562372642846,0.05888707939586428,0.05944492214653921,0.05996047878128869,0.060435391841608246,0.06087154320191084,0.061270984364023895,0.0616358746636937,0.06196842795421387,0.06227086781625768,0.0625453909575705,0.0627941382002213,0.06301917228973813,0.06322246167979936,0.06340586942877273,0.06357114637241046,0.0637199277952076,0.06385373289900846,0.06397396645204319,0.06408192208773797,0.06417878680570234,0.06426564630427811,0.06434349084321749,0.06441322139579829,0.06447565590188813,0.06453153547758668,0.06458153047376636,0.06462624630583502,0.06466622900134783,0.06470197043133295,0.06473391320633481,0.06476245522980088,0.06478795391018374,0.06481073003962066]
["K/Y (capital to output ratio)",0.4000000000001035,0.400000000000096,0.40000000000008884,0.4000000000000824,0.40000000000007646,0.4000000000000708,0.3860783889565225,0.3734760397733688,0.36207877014724227,0.3517809188479438,0.3424848293371475,0.33410036675863647,0.3265444624959516,0.31974068161305796,0.313618809593639,0.3081144558164692,0.30316867210242077,0.2987275854132647,0.2947420443600509,0.29116727959066013,0.28796257838499606,0.28509097391314636,0.282518949632022,0.28021615923606613,0.27815516246292493,0.27631117690789936,0.2746618458401102,0.2731870218529811,0.27186856603227194,0.2706901621932403,0.26963714562839,0.2686963457201234,0.26785594170816845,0.2671053308584192,0.266435008255615,0.2658364574344641,0.2653020510697021,0.26482496096250296,0.26439907658616857,0.26401893148591943,0.2636796368639671,0.2633768217202654,0.2631065789600672,0.2628654169205907,0.2626502158098845,0.2624581885907193,0.262286845880577,0.2621339644752105,0.2619975591375929,0.261875857326263,0.26176727656702287]
["Comparison to steady state"]
["(Y-Y*)/Y*",1.1088518092535889e-13,1.0291920852025328e-13,9.527585631520311e-14,8.83105594255208e-14,8.198585147894388e-14,0.2010429352815136,0.1829466978096547,0.1662409444082724,0.15085298570076444,0.13670956224859546,0.12373737297001636,0.11186360944390135,0.101016476555232,0.0911256821973249,0.08212288182394345,0.07394206720440237,0.06651989244300967,0.059795933887975744,0.053712883746714075,0.048216679892810504,0.04325657641851299,0.03878516094432012,0.034758325583329766,0.03113519884571737,0.027878045749385044,0.024952143073355304,0.02232563614334871,0.019969382856226996,0.0178567898998081,0.015963645360360688,0.014267951171103703,0.012749758167930789,0.011391005899575217,0.010175368796449431,0.009088109837310582,0.008115942463096923,0.0072469011675335695,0.006470220937341979,0.00577622551351207,0.005156224291236158,0.004602417562321724,0.004107809723261615,0.003666130018535193,0.003271760356633338,0.0029196697212489557,0.0026053546980278042,0.0023247856450661075,0.002074358050302461,0.0018508486389359478,0.0016513758173089658,0.0014733640649945221]
["(K-K*)/K*",3.6978169024485793e-13,3.4311749848008387e-13,3.1753402178637834e-13,2.9452121219195997e-13,2.733358238805633e-13,0.8415991674319808,0.7507222620285279,0.6696583558000947,0.5973478291174558,0.5328454813723773,0.4753081758720738,0.4239838188530235,0.3782015285543396,0.33736286584659464,0.3009340117880423,0.2684387898578771,0.23945244165726134,0.21359607471774508,0.1905317098421194,0.16995786323944959,0.15160560570655127,0.13523504734387234,0.12063220185603611,0.1076061894490459,0.09598674176206003,0.08562197621967721,0.07637641071238839,0.06812919265424322,0.060772519269043396,0.05421022845595429,0.04835654181517049,0.04313494340320266,0.03847717956154206,0.03432236674503763,0.030616195688061943,0.02731022150578303,0.024361230451167296,0.02173067505033717,0.019384170232695307,0.017291043869540314,0.015423935846068871,0.013758440426069442,0.012272787234521904,0.010947556688071104,0.009765426153678433,0.008710943517365765,0.007770325203283529,0.006931276002928909,0.00618282835942022,0.005515199006055379,0.00491966108521384]
["Ygrth-Y*grth","--",-8.163608677946854e-15,-7.837480664463214e-15,-7.140121827120538e-15,-6.484396353201305e-15,0.17157505582026963,-0.01604646456957215,-0.015040092174410859,-0.01405213571181125,-0.013088332014352076,-0.012153835984591924,-0.011253125916681511,-0.010389940302309823,-0.009567246463130133,-0.008787239228337872,-0.008051366176756204,-0.007360374793269696,-0.006714376273571278,-0.0061129206041362905,-0.005555077853460433,-0.005039521218711228,-0.004564608158391381,-0.004128456798089174,-0.003729015635976593,-0.0033641253363061244,-0.0030315720457866763,-0.0027291321837421834,-0.0024546090424291817,-0.0022058617997784274,-0.0019808277102616317,-0.0017775383202005557,-0.001594130571228508,-0.0014288536275895436,-0.0012800722047922874,-0.0011462671009910552,-0.0010260335479569394,-0.0009180779122624078,-0.000821213194297496,-0.0007343536957213764,-0.0006565091567825865,-0.0005867786042013101,-0.0005243440981131525,-0.00046846452241347536,-0.00041846952623350586,-0.00037375369416466075,-0.00033377099865192217,-0.00029802956866732677,-0.0002660867936650352,-0.00023754477019896636,-0.00021204608981600925,-0.00018926996037937904]

{"sheet":"5","index":12,"n_rows":32,"n_cols":52,"rows_kept":32,"cut":false,"hidden":false,"merged":[],"flags":["formulas_cached_only"]}
["Year",0,1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,40,41,42,43,44,45,46,47,48,49,50]
["PARAMETERS"]
["s (savings rate)",0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03,0.03]
["n (labor force growth rate)",0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015,0.015]
["g (labor productivity growth rate)",0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01,0.01]
["d (capital depreciation rate)",0.05,0.05,0.05,0.05,0.05,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09,0.09]
["A (C-D technology index)",1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1]
["q (C-D parameter)",0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3,0.3]
["EFFECTIVE LABOR SUPPLY"]
["AN (AN(t)=AN(t-1) + DAN)",10,10.25,10.50625,10.768906249999999,11.038128906249998,11.314082128906248,11.596934182128905,11.886857536682127,12.18402897509918,12.48862969947666,12.800845441963576,13.120866578012665,13.448888242462981,13.785110448524556,14.12973820973767,14.482981664981113,14.84505620660564,15.216182611770781,15.59658717706505,15.986501856491676,16.38616440290397,16.795818512976567,17.21571397580098,17.646106825196004,18.087259495825904,18.539440983221553,19.002927007802093,19.478000182997146,19.964950187572075,20.464073942261376,20.97567579081791,21.50006768558836,22.03756937772807,22.58850861217127,23.153221327475553,23.73205186066244,24.325353157179002,24.933486986108477,25.556824160761188,26.19574476478022,26.850638383899724,27.52190434349722,28.20995195208465,28.91520075088677,29.638080769658938,30.37903278890041,31.13850860862292,31.916971323838492,32.714895606934455,33.53276799710782,34.371087197035514]
["(n+g)AN (Change in effective labor supply)",0.25,0.25625000000000003,0.26265625,0.26922265624999997,0.27595322265624994,0.2828520532226562,0.28992335455322266,0.2971714384170532,0.30460072437747954,0.3122157424869165,0.32002113604908944,0.32802166445031666,0.33622220606157455,0.3446277612131139,0.3532434552434418,0.36207454162452785,0.37112640516514106,0.3804045652942696,0.3899146794266263,0.39966254641229193,0.4096541100725992,0.4198954628244142,0.43039284939502453,0.4411526706299001,0.4521814873956476,0.46348602458053884,0.4750731751950523,0.48695000457492865,0.4991237546893019,0.5116018485565345,0.5243918947704478,0.537501692139709,0.5509392344432017,0.5647127153042818,0.5788305331868888,0.593301296516561,0.6081338289294751,0.623337174652712,0.6389206040190297,0.6548936191195055,0.6712659595974931,0.6880476085874305,0.7052487988021163,0.7228800187721692,0.7409520192414735,0.7594758197225103,0.7784627152155731,0.7979242830959623,0.8178723901733614,0.8383191999276955,0.8592771799258879]
["BALANCED GROWTH PATH"]
["K* (K*=Y* (s/(n+g+d))",2.70093587460062,2.7684592714656344,2.8376707532522767,2.908612522083583,2.981327835135671,1.659351874749208,1.7008356716179387,1.743356563408387,1.7869404774935966,1.8316139894309358,1.8774043391667092,1.9243394476458768,1.9724479338370242,2.02175913218295,2.0723031104875234,2.124110688249711,2.1772134554559543,2.231643791842354,2.2874348866384127,2.344620758804372,2.403236277774482,2.4633171847188446,2.5249001143368144,2.5880226171952336,2.652723182625116,2.7190412621907436,2.787017293745512,2.8566927260891504,2.9281100442413797,3.0013127953474146,3.076345615231098,3.1532542556118752,3.232085612002174,3.312887752302229,3.3957099461097844,3.480602694762527,3.56761776213159,3.6568082061848814,3.748228411339503,3.8419341216229914,3.937982474663565,4.036432036530154,4.137342837443409,4.240776408379493,4.346795818588982,4.455465714053709,4.56685235690505,4.6810236658276745,4.798049257473365,4.918000488910201,5.040950501132954]
["Y* (Y*= A(K*^q)(AN)^(1-q))",6.752339686501551,6.921148178664088,7.094176883130693,7.271531305208958,7.45331958783918,6.360848853205297,6.519870074535432,6.682866826398817,6.849938497058787,7.021186959485254,7.196716633472386,7.376634549309195,7.561050413041927,7.750076673367974,7.943828590202172,8.142424304957226,8.345984912581159,8.55463453539569,8.768500398780581,8.987712908750094,9.212405731468847,9.44271587475557,9.678783771624456,9.920753365915063,10.168772200062945,10.422991505064518,10.683566292691129,10.95065545000841,11.224421836258623,11.505032382165089,11.792658191719209,12.087474646512188,12.389661512675,12.699403050491878,13.016888126754173,13.34231032992302,13.675868088171097,14.017764790375379,14.368208910134761,14.727414132888134,15.095599486210334,15.472989473365589,15.859814210199735,16.256309565454725,16.662717304591098,17.079285237205884,17.506267368136026,17.94392405233942,18.3925221536479,18.852335207489105,19.323643587676326]
["Y* growth rate (Y*(t) - Y*(t-1))/Y*(t-1)","--",0.024999999999999706,0.025000000000000473,0.024999999999999675,0.024999999999999665,-0.14657505582027572,0.025000000000000362,0.024999999999999814,0.024999999999999967,0.024999999999999637,0.02500000000000008,0.02499999999999987,0.02500000000000029,0.024999999999999856,0.0249999999999999,0.02499999999999989,0.02500000000000028,0.02500000000000034,0.02499999999999984,0.024999999999999776,0.02500000000000005,0.025000000000000314,0.024999999999999568,0.02499999999999955,0.025000000000000498,0.02499999999999997,0.024999999999999824,0.02500000000000029,0.0250000000000002,0.025000000000000043,0.02499999999999937,0.024999999999999918,0.025000000000000567,0.02500000000000024,0.024999999999999894,0.024999999999999415,0.025000000000000088,0.02500000000000037,0.024999999999999852,0.025000000000000234,0.024999999999999797,0.024999999999999738,0.025000000000000435,0.02499999999999977,0.02500000000000031,0.02500000000000051,0.024999999999999703,0.024999999999999568,0.024999999999999713,0.02500000000000045,0.02499999999999964]
["K*/Y* (capital to output ratio)",0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.3999999999999999,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913,0.2608695652173913]
["ACTUAL GDP PATH"]
["Investment"]
["S (Total saving)",0.20257019059504652,0.20763444535992262,0.21282530649392079,0.21814593915626873,0.22359958763517537,0.19082546559615893,0.19559610223606297,0.2004860047919645,0.2054981549117636,0.21063560878455762,0.21590149900417158,0.22129903647927585,0.2268315123912578,0.2325023002010392,0.23831485770606517,0.24427272914871676,0.25037954737743473,0.2566390360618707,0.2630550119634174,0.2696313872625028,0.2763721719440654,0.28328147624266714,0.29036351314873365,0.29762260097745186,0.3050631660018883,0.31268974515193554,0.32050698878073386,0.3285196635002523,0.3367326550877587,0.34515097146495266,0.3537797457515762,0.36262423939536564,0.37168984538024996,0.3809820915147563,0.3905066438026252,0.4002693098976906,0.4102760426451329,0.4205329437112614,0.43104626730404283,0.441822423986644,0.45286798458631,0.4641896842009676,0.47579442630599206,0.4876892869636417,0.49988151913773293,0.5123785571161765,0.5251880210440808,0.5383177215701825,0.5517756646094369,0.5655700562246732,0.5797093076302897]
["I (Gross investment)",0.20257019059504652,0.20763444535992262,0.21282530649392079,0.21814593915626873,0.22359958763517537,0.19082546559615893,0.19559610223606297,0.2004860047919645,0.2054981549117636,0.21063560878455762,0.21590149900417158,0.22129903647927585,0.2268315123912578,0.2325023002010392,0.23831485770606517,0.24427272914871676,0.25037954737743473,0.2566390360618707,0.2630550119634174,0.2696313872625028,0.2763721719440654,0.28328147624266714,0.29036351314873365,0.29762260097745186,0.3050631660018883,0.31268974515193554,0.32050698878073386,0.3285196635002523,0.3367326550877587,0.34515097146495266,0.3537797457515762,0.36262423939536564,0.37168984538024996,0.3809820915147563,0.3905066438026252,0.4002693098976906,0.4102760426451329,0.4205329437112614,0.43104626730404283,0.441822423986644,0.45286798458631,0.4641896842009676,0.47579442630599206,0.4876892869636417,0.49988151913773293,0.5123785571161765,0.5251880210440808,0.5383177215701825,0.5517756646094369,0.5655700562246732,0.5797093076302897]
["dK (capital depreciation)",0.13504679373008094,0.13842296357332923,0.1418835376626589,0.14543062610422197,0.14906639175682432,0.2750274927913353,0.26744931034376945,0.26098252161407587,0.2555378351000859,0.2510342638831368,0.2473983849242647,0.24456366519145634,0.2424698486073601,0.2410623983479109,0.24029198951469247,0.24011404765191602,0.24048832898662809,0.2413785386418007,0.242751983409607,0.24457925597944996,0.24683394779492474,0.24949238796834738,0.2525334059130362,0.25593811556424895,0.2596897192514372,0.2637733294589778,0.26817580687134396,0.27288561324318905,0.27789267776632476,0.2831882757252538,0.2887649183418267,0.2946162528087041,0.3007369716015037,0.30712273024159087,0.31377007275617574,0.3206763641503562,0.3278397292676163,0.3352589974715928,0.34293365263316294,0.3508637879535421,0.3590500651965213,0.3674936779416023,0.37619631850494517,0.38516014820703937,0.39438777069513353,0.4038822080549675,0.4136468794704763,0.4236855822121007,0.43400247475432807,0.44460206184128787,0.4554891813357926]
["DK (Net investment)",0.06752339686496558,0.06921148178659339,0.07094176883126188,0.07271531305204676,0.07453319587835106,-0.08420202719517639,-0.07185320810770648,-0.06049651682211138,-0.05003968018832228,-0.040398655098579206,-0.031496885920093115,-0.02326462871218049,-0.015638336216102305,-0.008560098146871697,-0.001977131808627297,0.004158681496800737,0.009891218390806644,0.015260497420070018,0.020303028553810415,0.025052131283052836,0.029538224149140646,0.033789088274319756,0.03783010723569746,0.04168448541320291,0.04537344675045113,0.04891641569295774,0.0523311819093899,0.05563405025706325,0.05883997732143392,0.06196269573969887,0.06501482740974951,0.06800798658666152,0.07095287377874626,0.07385936127316545,0.07673657104644943,0.07959294574733439,0.08243631337751661,0.08527394623966855,0.08811261467087989,0.09095863603310189,0.09381791938978873,0.09669600625936531,0.09959810780104689,0.10252913875660236,0.1054937484425994,0.10849634906120903,0.11154114157360451,0.11463213935808186,0.11777318985510887,0.12096799438338529,0.12422012629449714]
["Capital stock"]
["K (K(t) = K(t-1) + DK(t-1))",2.7009358746016185,2.7684592714665843,2.8376707532531777,2.9086125220844394,2.981327835136486,3.055861031014837,2.971659003819661,2.8998057957119543,2.839309278889843,2.7892695987015204,2.7488709436029413,2.7173740576828482,2.694109428970668,2.678471092754566,2.669910994607694,2.667933862799067,2.6720925442958676,2.6819837626866745,2.6972442601067446,2.717547288660555,2.742599419943608,2.7721376440927488,2.8059267323670687,2.843756839602766,2.885441325015969,2.93081477176642,2.9797311874593775,3.0320623693687674,3.0876964196258307,3.1465363969472646,3.2084990926869636,3.273513920096713,3.3415219066833743,3.4124747804621207,3.486334141735286,3.5630707127817356,3.64266365852907,3.725099971906587,3.8103739181462553,3.898486532817135,3.989445168850237,4.083263088240026,4.179959094499391,4.279557202300437,4.38208634105704,4.487580089499639,4.596076438560848,4.707617580134452,4.822249719492534,4.940022909347643,5.060990903731029]
["Output"]
["Y* (Y*= A(K*^q)(AN)^(1-q))",6.7523396865022995,6.9211481786648,7.094176883131369,7.2715313052096,7.453319587839791,7.63965257753574,7.707968417502342,7.784982030909027,7.8707742607670905,7.965398353526067,8.0688819738674,8.181229788833642,8.30242648658103,8.43244008646476,8.57122539897168,8.718727504609372,8.87488513801966,9.039633884839601,9.212909121810172,9.394648653301212,9.58479501823385,9.783297459320616,9.990113561081879,10.205210574120086,10.428566450828429,10.660170622464634,10.90002454982401,11.148142080118665,11.404549641611025,11.669286305502418,11.942403741914202,12.223966093817179,12.514049789689963,12.812743312680613,13.120146941216852,13.436372473424742,13.761542945407864,14.095792351418984,14.439265372217506,14.792117116432511,15.15451287851891,15.526627915878423,15.908647246889485,16.300765470926002,16.70318661091909,17.116123978606357,17.539800062300962,17.97444643677948,18.420303694719582,18.87762139900255,19.346658055121544]
["Y growth rate  (Y(t) - Y(t-1))/Y(t-1)","--",0.024999999999991543,0.024999999999992636,0.024999999999992535,0.02499999999999318,0.02499999999999391,0.00894227051207586,0.009991428251290076,0.011020221950087932,0.01202220894971443,0.01299164407710058,0.01392359131415002,0.01481399506866395,0.015659711060840752,0.016458499685006955,0.01720898690348151,0.017910599147379188,0.018563479330471925,0.019168391018708392,0.01972661719421491,0.02023985908891029,0.02071013941447272,0.021139713130589446,0.021530987783377423,0.021886454481866602,0.022208629798567036,0.02250000828822782,0.02276302490517428,0.023000026340678843,0.023213250168640197,0.023404810650930818,0.023576690085830788,0.02373073466061946,0.023868653873883153,0.02399202271007844,0.024102285868039263,0.024200763459502506,0.02428865769900144,0.024367060200340213,0.024436959576484073,0.024499249109095716,0.024554734311980173,0.02460414026025489,0.024648118595576102,0.02468725414833094,0.024722071141642172,0.024753038960465764,0.02478057748290542,0.02480506198109023,0.024826827606217138,0.024846173477331077]
["K/Y (capital to output ratio)",0.4000000000001035,0.400000000000096,0.40000000000008884,0.4000000000000824,0.40000000000007646,0.4000000000000708,0.38553077060772195,0.3724871533676942,0.36074078417453204,0.3501732713049795,0.34067556726020776,0.33214738221773515,0.32449663159620606,0.3176389117847258,0.3114969995921485,0.3060003723466065,0.3010847467590006,0.29669163561863254,0.2927679221019803,0.28926545195552666,0.28614064408536255,0.2833541201848783,0.28087035399657667,0.27865734067402725,0.2766862865208817,0.2749313191657729,0.27336921800854913,0.2719791645619655,0.27074251212515726,0.26964257406758274,0.268664429877388,0.26779474803619097,0.26702162472106966,0.2663344373007798,0.26572371158306096,0.26518100177923687,0.2646987821772269,0.26427034955091344,0.2638897353793199,0.2635516270004596,0.2632512968797012,0.2629845392291681,0.26274761327156027,0.2625371924977047,0.2623503193212493,0.26218436458562216,0.2620369914272507,0.26190612304486227,0.2617899139673194,0.26168672445187735,0.2615950976810312]
["Comparison to steady state"]
["(Y-Y*)/Y*",1.1088518092535889e-13,1.0291920852025328e-13,9.527585631520311e-14,8.83105594255208e-14,8.198585147894388e-14,0.2010429352815136,0.18222730351748107,0.16491652955833397,0.1490284568462371,0.1344803093108399,0.12118934019696119,0.10907348522501983,0.09805199450334527,0.08804602094346119,0.0789791473526169,0.07077783938393936,0.06337181662540642,0.056694338891646996,0.050682408943197865,0.045276896211820614,0.04042258858540616,0.036068180921928,0.03216620980521917,0.02867294425263491,0.025548241779265752,0.02275537855757348,0.020260861514096232,0.018034229184893537,0.016047847094496165,0.01427670239259409,0.012698201521701364,0.011291973823860307,0.01003968323813452,0.008924849596323794,0.007932680488391585,0.007049914233426799,0.006264674146050885,0.005566334020469428,0.004945394553152946,0.004393370279436044,0.003902686498962306,0.0034665856010026464,0.003079042165471561,0.0027346862024421664,0.0024287338966521156,0.00215692523948383,0.0019154679555489218,0.001700987161505634,0.0015104802288452073,0.001341276358347353,0.0011910004104969056]
["(K-K*)/K*",3.6978169024485793e-13,3.4311749848008387e-13,3.1753402178637834e-13,2.9452121219195997e-13,2.733358238805633e-13,0.8415991674319803,0.747175846207904,0.6633463610236028,0.588922135152662,0.5228479443794369,0.4641869554978416,0.41210744341759614,0.36587099854635347,0.324822057246031,0.2883786069208667,0.25602393394925754,0.22729929745738925,0.20179742505973064,0.1791567383457122,0.15905622623863275,0.1412108935386885,0.12536772011727426,0.11130207346997101,0.09881452376358439,0.08772801621937683,0.07788536074110529,0.06914700319454228,0.06138904673856903,0.054501495153266015,0.04838669325802138,0.042957942307122146,0.03813827073120111,0.03385934279550477,0.030060489701374794,0.026687849393415685,0.02369360287610631,0.021035296211957814,0.0186752385881768,0.01657996791730825,0.014719776394878288,0.013068289287160483,0.01160209097689391,0.010300392964851685,0.009144739120014875,0.008118743999232443,0.007207860526147278,0.006399173735409072,0.005681217657778223,0.005043812749832631,0.004477921563265642,0.003975520607387561]
["Ygrth-Y*grth","--",-8.163608677946854e-15,-7.837480664463214e-15,-7.140121827120538e-15,-6.484396353201305e-15,0.17157505582026963,-0.016057729487924503,-0.015008571748709738,-0.013979778049912035,-0.012977791050285207,-0.012008355922899502,-0.01107640868584985,-0.01018600493133634,-0.009340288939159103,-0.008541500314992945,-0.0077910130965183795,-0.007089400852621091,-0.0064365206695284165,-0.005831608981291446,-0.005273382805784866,-0.004760140911089759,-0.004289860585527595,-0.0038602868694101213,-0.003469012216622127,-0.0031135455181338957,-0.002791370201432934,-0.002499991711772006,-0.0022369750948260103,-0.0019999736593213566,-0.0017867498313598462,-0.0015951893490685522,-0.0014233099141691304,-0.0012692653393811086,-0.0011313461261170873,-0.001007977289921455,-0.000897714131960152,-0.0007992365404975825,-0.0007113423009989309,-0.0006329397996596396,-0.0005630404235161604,-0.0005007508909040809,-0.0004452656880195652,-0.0003958597397455445,-0.0003518814044236665,-0.00031274585166937013,-0.00027792885835833947,-0.000246961039533939,-0.00021942251709414912,-0.00019493801890948376,-0.00017317239378331073,-0.00015382652266856395]