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Table 1 Comparative statics for the left panel of Figure 1

From: International education and economic growth

  NL DE
Rel. to Lucas Init. Δ (%) Recov. in (t) SS Gr.(%) Init. Δ SS Gr.
Base L. exog. -0.084 4.00 0.034 0.021 -0.0085
i = 0.15 -0.070 4.00 0.028 0.017 -0.0071
i = 0.5 -0.141 4.00 0.056 0.035 -0.014
i = i = 0.15 -0.126 4.00 0.051 0.032 -0.013
λ = 0.2 -0.085 4.50 0.030 0.021 -0.0075
λ = 0.2 -0.085 2.75 0.049 0.021 -0.012
λ = λ = 0.2 -0.085 3.00 0.045 0.021 -0.011
ρ = ρ = 0.2 -0.085 3.00 0.034 0.021 -0.0085
ρ = ρ = 0.1 -0.085 6.00 0.034 0.021 -0.0085
ϵ = ϵ = 0.02 -0.085 2.75 0.049 0.021 0.0044
ϵ = ϵ = 0.05 -0.085 1.75 0.070 0.021 0.014
  1. The first column gives the initial change of output per capita relative to Lucas. In the second column we give the time it needs to reach the Lucas’ level of output per capita again. The third column has the changes in the steady state growth rate due to internationalisation in percentage points.