SEMAINE D ETUDE SUR LE ROLE DE L’ANALYSE ECONOMETRIQUE ETC 707
TABLE Vail
Applications of the model
[. POSSIBILITY OF INCREASING REAL NATIONAL INCOME BY IN-
CREASING CAPITAL TNTFNSIT cD
US]
0-3) (410-4)
—
N
410-2,
or
2. DIMINUTION OF REAL CONSUMED INCOME AS A CONSEQUENCE
OF THE INCREASE OF PRIMARY "NCOME 320-421)
Decrease « — w= conite
U.S. a
3. COMPARISON
(§ 43¢
ye
ea
Fig
RONDUCTIV ’
a
“WO
1
_
COUNTRIES
Tn
hd
;
D
rt)
‘
ombarison ot American and
Fa
Productivity: ratio . . . .
Equipment per worker: ratio
Output per unit of enninment:
ratic
Capital
Ü =:
IQ
Formula (430-3) shows that it is impossible to explain the greater Ame-
rican productivity by a greater value of @. characterizing the capitalistic
structure.
L.
CAPITALIST DEVELOPMENT POLICY
(§ 440).
11] Allais - pag. 11