SEMAINE D'ÉTUDE SUR LE ROLE DE L’ANALYSE ECONOMETRIQUE ETC. 87 From the foregoing we derive the following table of values of g and : (in °’) TABLE values + 3= Y 4-4 4.2 + 3.8 3.6 3-4 3.2 3.0 2.5 2.0 1.5 1.0 0.5 1.0 0.5 0.I 0 0.2 0.6 1.6 3.1 10.7 29.5 82.9 332.8 957.4 —3.0 2.5 —I.3 0 I.5 3.1 4.9 7.0 13.7 23.7 40.4 73-7 173.7 0.4 D.T 2 0.1 0.6 1.4 2.7 4.7 13.9 35.9 98.6 402.1 1360.8 1.2 O 1.3 2.8 4-4 6.3 8.3 15.0 25.0 41.7 75.0 [75.0 2.1 0 0.1 0.5 1.3 2.4 4.2 6.6 17.5 43.1 116.0 484.1 [938.5 D 1.2 2.5 4.0 5.6 7-4 89.5 16.2 26.2 47.9 76.2 176.2 o.I 0.5 1.1 2.2 3.7 5.8 8.7 21.5 50.9 135.8 581.1 2762.5 2.3 3.6 5.1 6.7 8.5 10.6 17.3 27.3 43-9 77-3 177.3 The two charts IV and V which follow give the values of Re/ Rom as functions of 7-¢ and 7c. Real consumable national income is a maximum for ® =0,,. We see that in an initial situation such as that of the United States in 1956, in which the capital-output ratio y, is of the order of 3.5, the maximum is very nearly attained, and that for a corresponding value of ®, of 4, the possible increase is only of the order of 1%. The same is true for most western economies. The levels of the capital-output ratio are such that they can be considered as corresponding to a situation which is very near to the capi- talistic optimum. Even in the case of economies in which the capital-output ratio is only of the order of 2 (if there are any such), the increase in real income to be derived from a lengtheni:is of 11 Allais - pag. 183