SEMAINE D'ÉTUDE SUR LE ROLE DE L’ANALYSE ECONOMETRIQUE ETC. Ori PART IV PLICATIONS 400. The preceding theory admits of several particular suggestive applications. For suimplicity’s sake, the following exposition will be de- veloped in terms of the exponential model with first order ho- mo geneity. A. — THE POSSIBILITY OF INCREASING REAL PER CAPITA NATIONAL INCOME BY INCREASING CAPITAL INTENSI 410. From relation (251-15) we have for k=1 (410-1) == 1_ © FE - © e © =[1+0, (2 ¢ 1 © CM el # and from (z-,. . , and (210-10) 1410-2} ® =Yc=C/Re 0,=Yc, Allais - pag. 151