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Suppose that between 2009 and 2019 in a hypothetical developing country, the share of capital in...

Suppose that between 2009 and 2019 in a hypothetical developing country, the share of capital in the national income, α = 0.40, the average growth rate of capital, gK = 9.2%, the average growth rate of labour, gL = 1.1%, and the average GDP growth rate, gY = 8.3%. Using a growth accounting equation, calculate the level of technological parameter.

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