336

PONTIFICIAE ACADEMIAE SCIENTIARVM SCRIPTA VARIA - 28

Correspondingly, from (333-5)

Rc=P* -1=384.9- 121.8 =263.1

whence

C 1199.7
rs ——— — 6
Y R- 263.1 45

Again, in billions of dollars:

Value of inventories =122.3
Value of equipment =340.8
Value of structures  =736.€

So that the value ) of the share of reproducible capital
accounted for by stocks and goods in course of production
ran be calculated as

X

122.3
— ——— = 0.102
1190.7

Since

1333-7)
1333-8)
(333-9)
333-10)

Ro=[1-Ye(I - p)]Re
dC/dt =pC
dC
a=]- dt =] - eC

2)

3)

4
2)

(5)

{!) « Economic Almanac », 1962, p. 140.
(?) Relations (rro-1), (110-2) and (123-2). It may be recalled that the
relation (123-2) is based on the two assumptions that (i—p) is constant and
that the function (6) is invariant over time, i.e. that the composition of
he labor force does not change (120). Both assumntions are fairly weak.
@) Relations (251-9) and (110-6).
“) Relations (333-4) and (333-8).
3} Relations (110-1) and (333-8)

ac Th

Allaic - pag. 140