SEMAINE D'ÉTUDE SUR LE ROLE DE L’ANALYSE ECONOMETRIQUE ETC. 
1065 
distribution by a certain amount, year after year. The criterion was 
pursued by means of a system of aid from developed countries to 
underdeveloped countries along the lines of a model which is close 
to that of Professor LEONTIEF’s. The result was embarrassing. The 
criterion implied that one country had to pay, viz., the United States, 
and all others (including Canada, Switzerland, Sweden and Australia) 
received aid. This unpractical result induced me to change the 
criterion to that of aid to countries whose present per capita incomes 
are below a certain level in such a way that they will reach a given 
« marginal » level within a given period of time. This marginal 
level was not considered to be constant over time. An exponentially 
increasing function was preferred in view of the consideration that 
our present standards for what is marginally acceptable will probably 
he below the standards that will prevail after 2= vears. 
AT LAIS 
If we take as a provisional hypothesis that according to the Cobb 
Douelas formulation 
KLe( 
where Ÿ is real national income. L is labor and C 
real capital. then 
(") Comments presented in plenary session. 
were presented in the cenarate group 
he preceeding comments 
,1 Leontief - pag. 27