Full text: Study week on the econometric approach to development planning

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[ABLE [ 
Economic growth and capital transfer 
DEVELOPED COUNTRIES 
(growth rate in base vear: 5%. 
implicit b,=3.78) 
Base Year (1950) 
Gross National Product . . . 
Capital transfers to 
underdeveloped areas . . . . . 
as per cent of national product (4) 
Domestic investment . . . . . . 
as per cent of national product (i,) 
Total consumption . . . . . . . 
as per cent of national product . . 
len Years Later (1969) 
Gross National Product . . . . . 
Average annual growth rate over the 
ten vear period | . 
Original 
Allocation 
%120%.0 bil. 
B4.0 bil. 
0.3% 
$228.0 bil. 
18.9% 
B973.0 bil, 
80.89, 
$1086.77 bil. 
2.0%, 
UNDERDEVELOPED COUNTRIES 
‘growth rate in base vear: 3%. 
.mplicit b,= 3.76) 
Base Year (1059) 
Gross National Product . . . . . 
Domestically financed investment . . 
as per cent of national product (i,) 
Total investment . . . . . 
[otal consumption . . . . . . . 
as per cent of national product . . 
Ten Years Later (1969) 
Gross National Product . . . . . 
Average annual growth rate over the 
ten vear period 
$195.0 bil. 
$18.0 bil. 
9.2% 
$22.0 bil. 
177.0 bil. 
ao.8°/. 
$264.7 bil. 
2» 20/ 
from developed to underdeveloped areas 
Alternative Allocations 
1205.0 bil. 
$1205.0 bil. 
$1205.0 bil 
$4.0 bil. 
0.3% 
$240.0 bil. 
19.9% 
Bg61.0 bil. 
79.89%, 
$15.0 bil. 
1.2% 
$237.6 bil. 
19.89%, 
$052.4 bil. 
70.0%, 
$25.0 bil. 
2.1% 
$235.6 bil. 
19.5% 
$044.4 bil 
78.4% 
$2039.0 bil. 
$202q.2 bil. 
$2019.9 bil. 
5.3% 
5.29 
5.29, 
$195.0 bil. 
$21.0 bil, 
10.89%, 
$25.0 bil. 
h174.0 bil 
809.2°/. 
$195.0 bil. 
$21.0 bil. 
10.89%, 
$36.0 bil. 
$174.0 bil. 
8a.2°/, 
$195.0 bil. 
$21.0 bil. 
10.8%, 
$46.0 bil. 
$174.0 bil. 
80.29. 
$275.7 bil 
$319.6 bil. 
$358.3 bil 
3.5% 
1.0% 
6.1%, 
x 
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