SEMAINE D'ÉTUDE SUR LE ROLE DE L’ANALYSE ECONOMETRIQUE ETC.

535

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where c;=a,g. Taking (4) and (11) into account, we have
from (12)

13) 2B (I—dY+ x, =x. A + x40 Bi + Teri Ci

When long-run equilibrium prices prevail, it is shown that
‘he dynamic input-output system (13) is reduced to-(14)

 x, B(I—d) + x, , (I—

C

whose characteristic equation is

3)

BI—ad)+ u 1I-Ly



Morishima - pag. ,