Table 4 Simulation results of technical... | Emerald Publishing

Table 4

Simulation results of technical progress

Years	Technical progress
Years	Original value	Simulated value	Error
2001	0.3464	0.3464	0
2002	0.3465	0.385443	0.112389
2003	0.3616	0.376489	0.041174
2004	0.3821	0.367743	0.037575
2005	0.384	0.3592	0.064584
2006	0.3724	0.350855	0.057854
2007	0.3563	0.342705	0.038157
2008	0.3367	0.334743	0.005812
2009	0.3297	0.326967	0.00829
2010	0.3191	0.319371	0.00085
2011	0.3086	0.311952	0.010862
2012	0.3075	0.304705	0.009089
2013	0.2958	0.297627	0.006175
2014	0.2843	0.290713	0.022555
APE			0.029669
2015	0.2750	0.283959	0.032578
2016	0.2769	0.277362	0.00167
2017	0.2633	0.270919	0.028937
APE			0.021062

Years	Technical progress
Years	Original value	Simulated value	Error
2001	0.3464	0.3464	0
2002	0.3465	0.385443	0.112389
2003	0.3616	0.376489	0.041174
2004	0.3821	0.367743	0.037575
2005	0.384	0.3592	0.064584
2006	0.3724	0.350855	0.057854
2007	0.3563	0.342705	0.038157
2008	0.3367	0.334743	0.005812
2009	0.3297	0.326967	0.00829
2010	0.3191	0.319371	0.00085
2011	0.3086	0.311952	0.010862
2012	0.3075	0.304705	0.009089
2013	0.2958	0.297627	0.006175
2014	0.2843	0.290713	0.022555
APE			0.029669
2015	0.2750	0.283959	0.032578
2016	0.2769	0.277362	0.00167
2017	0.2633	0.270919	0.028937
APE			0.021062