In a textbook application I try to apply Solow model to the US economy. What will be a ballpark estimate of the saving rate and the depreciation rate?

Edit: To follow up, assume Cobb-Douglas with labor share 0.3. Assume Y=16916*10^9 and K-22541*10^9 and L=151.4*10^6. Then A=3*10^3. Then s-0.3 and delta-0.05. Does this seem make sense?

  • 1
    $\begingroup$ You tell us, you are the one applying it! $\endgroup$
    – Giskard
    May 13, 2018 at 20:03
  • $\begingroup$ Penn World Tables has savings and depreciation rates $\endgroup$ May 13, 2018 at 21:31


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