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

SEMAINE D'ÉTUDE SUR LE ROLE DE L’ANALYSE ECONOMETRIQUE ETC. 
121 
whence 
(113-2) 
R_(¢)-R, 
FT 
+0 
Wei 
whence again from (111-6) 
(113-3) R,(t)=/ Ro (2-0) © (£-0,0)e 
so that it follows from (111-7) that 
I13- = - € 
ot) 
=R 1-6 
( 
,0 
-6 
i(u 
) 
p( 
“ja 
t ado 
The value C(#) of reproducible capital can be considered 
as the total capitalized value of the factor inputs furnished prior 
to instant # which will result in final output only during a 
period (£+1, t+1+ dt) subsequent to: ” 
Paretian optimum situation) it can be 
valued at market prices will he 
shown that total consumption 
See below, equation (117-12). 
1) ALLAIS (1947), Economy and Intere. 
11] Allais - pag. 25
	        
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