FIGURE 7-13
imageInternational Evidence on Population Growth and Income per Person This figure is a scatterplot of data from about 100 countries. It shows that countries with high rates of population growth tend to have low levels of income per person, as the Solow model predicts. The correlation between these variables is −0.74. Source: Alan Heston, Robert Summers, and Bettina Aten, Penn World Table Version 7.0, Center for International Comparisons of Production, Income, and Prices at the University of Pennsylvania, May 2011.