SEMAINE D’ETUDE SUR LE ROLE DE L’ANALYSE ECONOMETRIOUE ETC. 
+ 3 
TABLE 
THE COMPUTING SEQUEN( 
Operations perforr 
Prepare estimates of private and public consumption, 
expenditure on social capital and foreign demands 
for exports in 1970, and their trends through that 
vear 
Convert the elements in stage o into demands for 
the products of the thirty-one industries, comple- 
mentary imports, etc., and the rates of change in 
these demands 
Project past input-output matrix and combine with 
outside information to give 1070 matrix. 
Combine stages 1 and 2 to give estimates of the 
outputs of industrial products based on 1) demands 
from stage 1, 2) capital expenditure to provide for 
growth in demand and 3) indirect requirements for 
intermediate products, allowance being made for im- 
port requirements and the need to achieve a trade 
balance 
Convert the outputs of stage 3 into production levels 
.n the thirtv-one industries. 
Allow for changes in the productivity of labour and 
capital, and estimate requirements for them in each 
3f the industries 
Combine the foregoing results with certain other in- 
tormation and print out a provisional social account- 
‘ng matrix for 1970 
{] Stone - pag. 75