Table 2 Data averages and long-run... | Emerald Publishing

Table 2

Data averages and long-run solution

Variable	Description	Data	Model
$c / y$	Consumption-to-output ratio	0.674	0.674
$i / y$	Investment-to-output ratio	0.201	0.175
$g^{c} / y$	Government cons-to-output ratio	0.159	0.151
$w h / y$	Labor income-to-output ratio	0.571	0.571
$r k / y$	Capital income-to-output ratio	0.429	0.429
$\tilde{r}$	After-tax net return on capital	0.056	0.057

Variable	Description	Data	Model
$c / y$	Consumption-to-output ratio	0.674	0.674
$i / y$	Investment-to-output ratio	0.201	0.175
$g^{c} / y$	Government cons-to-output ratio	0.159	0.151
$w h / y$	Labor income-to-output ratio	0.571	0.571
$r k / y$	Capital income-to-output ratio	0.429	0.429
$\tilde{r}$	After-tax net return on capital	0.056	0.057