Table 2: Average annual changes in selected exogenous and endogenous variables in the baseline, China and selected countries.

ChinaJapanUSEU27

Real GDP11.051.972.912.44
Technological change5.382.001.321.67
Population0.252.424.631.83
Real investment16.250.454.431.55
Errors in expectations/risk premia16.2617.1220.3318.35
Real supply of unskilled labour1.23-0.161.210.17
Real supply of skilled labour3.69-0.661.220.31