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

SEMAINE D ETUDE SUR LE ROLE DE L ANALYSE ECONOMETRIQUE ETC.

Thus the Capital Output ratio defined in terms of consumed
national income is constant over time and depends only on ¢
[t then follows from relations (110-1) and (110-2) that

123-4)

C(t) = R.(¢)-K_. (7
€ (ti-- A

This expression gives C(#) without any need for integration
oy (123-1).
Then from (122-1) we have

123-5)

-,=Ralt

which relation can also be obtained from x.
the order in which the integrations :r ‘«Fon
Again, from (110 = ur

-Cversin,

122-6)

and from (110-2) ana

1

123-7)

Ve

1) ALLAIS (1947), « Economy and Interest », pp. 12-3

.y Allais - pag. 5.
            
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