Oceania

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Key Stats
k^{1/3} math ||= **Implied TFP** ||= **I/Y** ||= **K/Y** ||^  || (Notes: **Pop** is 2007 population in millions. **GDP/Pop** is 2007 per capita GDP in 2005 dollars using international prices. **y** is per capita GDP divided by US per capita GDP (i.e. normalized so that the US value is 1). **k^1/3** is capital per capita divided by the US value of capital per capita and then raised to the 1/3 power. **Implied TFP** is **y** divided by **k^1/3**. **I/Y** is the average savings rate from 1980-2007. **K/Y** is the 2007 capital-output ratio. **g** is the average growth rate from 1960-2007. Click here for links to the source data and tips for calculating.)
 * ~ Name ||~ Pop ||~ GDP/Pop ||~ y ||||= Prod Model (Ch 4) ||||= Solow Model (Ch 5) ||~ g ||
 * ^  ||^   ||^   ||^   ||= math
 * Australia ||> 20.75 ||> 36,312 || .847 || .9823 ||> .8619 ||> .298 ||> 3.55 ||> .020 ||>  ||>   ||
 * Papua New Guinea ||> 5.806 ||> 2,206 ||> 0.0514 ||> 0.3417 ||> 0.1505 ||> 0.194 ||> 2.46 ||> .0237 ||
 * New Zealand ||> 4.13 ||> 25,399 ||> 0.59 ||> 0.847 ||> 0.697 ||> 0.25 ||> 3.25 ||> .015 ||
 * Fiji ||  ||   ||   ||   ||   ||   ||   ||   ||
 * Solomon Islands || .6 || 689.85 || .03 || .32 || .1 || .224 || .66 || .01 ||
 * Vanuatu ||  ||   ||   ||   ||   ||   ||   ||   ||