User:Issa Rice
test >:(
Name | Variable | Unit | Rival input? | Notes |
---|---|---|---|---|
Output | Y | – | ||
Physical capital (capital stock) | K | Yes | Physical capital includes things like machines, computers, buildings, etc. | |
Labor | L | Yes | ||
Technology (knowledge) | A, T | No | ||
Consumption | C | |||
Investment | I | |||
Amount saved | S | |||
Growth of X | ||||
Depreciation (rate?) | δ, d, D | |||
Capital per worker | k = K/L | |||
Fraction saved | s | |||
Output per worker | y = Y/L | |||
Time | t | |||
Production function | F |