SEMAINE D'ÉTUDE SUR LE ROLE DE L’ANALYSE ECONOMETRIQUE Etc. 855

it appears possible to consider as a first approximation that
investment goods, understood in the usual meaning of the
term, include all primary inputs which emerge in consumed
income after 6’

Since

9’ =3.59 © = 4.23

_ =0.É54

we find

-

3 59 - (1 - 0.657) x 4.23 — 2.74

a value which appears to be quite reasonable in the light ol
the discussion above.

8) It is also possible to derive an approximate representation
 of reality by substituting the following hypothesis (H”,
for the two hypotheses (H) and (H’): the amortisation schedule
for the primary income embodied in stocks and goods in course
of production follows an exponentia’ law:

334-25,

ab!

r1] Allais - pag. 159