SEMAINE D'ÉTUDE SUR LE ROLE DE L ANALYSE ECONOMETRIQUE ETC.
545
Let L stand for the number of workers available in period o.
We have assumed that throughout the whole process the real-
wages are maintained at the voN NEUMANN level, so that the
labour force grows at the von NEUMANN rate. The labour
force in period ¢ is, therefore, given by (:+#°)'L. On the other
hand, we at once find from (4) that the demand for labour in
period € is given by 5 a, Pr x. Hence the deficiency of
i=l Pe
labour does not emerge when
34)
T-
-
Pu x - €
mr CE
Dot
hold for all ?.
It is obvious that x, (+. x, when ¢ =0) is historically given
We have from (27)
Let x* (>o) be the vector of output configuration at the ter-
minus which is prescribed by the growth programme. A path
%X,, %{, ..., xr) which maximizes 7 such that
35)
nx*=(1+)1;
s said optimal.
[n view of (18), we have from (34,
36)
7s
91 Morishima - pag. 17