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

046 PONTIFICIAE ACADEMIAE SCIENTIARVM SCRIPTA VARIA - 28 
For these values. we have 
528-2) 
i 
À > — 
2t) 
and I/2w can of course be very large when w is very small (1). 
First Limitation of the Value of A 
520. Providing w is not too small, À will remain at a relat- 
ively low level. Indeed, it mav be noted in the first place that 
() We have 
= 
on 
an 
>t 
Hu 
Thus A will differ from its limit value bv less than e, i.e. we will have 
2 (1) 
, 
nt 
æe if 
17 > 
rE 
Thus, if for example w=1/100, A will differ from its limit value 50 by 
less than 1/10 for n > 3000. It can thus be seen that A can only have 
very high values if n is very large, and such values are incompatible with 
observed reality, at least as far as can be judged 
11] Allais - pag. 250
	        
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