Study week on the econometric approach to development planning

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Monograph

Identifikator:: 1824422792

URN:: urn:nbn:de:zbw-retromon-217476

Document type:: Monograph

Title:: Study week on the econometric approach to development planning

Place of publication:: Amsterdam [u.a.]

Publisher:: North-Holland Publ. Co. [u.a.]

Year of publication:: 1965

Scope:: XLVII, 1259 S.; graph. Darst.

Digitisation:: 2022

Collection:: Economics Books

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Document type:: Monograph

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Title:: The role of capital in economic development / Maurice Allais, Ecole Nationale Supérieure de Mines Paris - France

Collection:: Economics Books

374 PONTIFICIAE ACADEMIAE SCIENTIARVM SCRIPTA VARIA - 28 It is really remarkable that the II curves, which relate to he mixed model, stay very near to the I curves of the expo- nential model, even though the weight attributed to the expo- aential element is but 2/3. This is due to the fact that the coefficient A in the mixed model has a value very near that which it takes in the exponential model, so that the 3(8) funct- ions of model I and II have approximately the same three first moments (1). General Comments 540. It is certainly very surprising at first sight to find that for small values of w and for large values of n, the model considered has very different properties from those of the exponential and para-exponential models, though for w=o it is identical to the exponential model and for w=1 identical to the para-exponential model. For the first and second, for example, 4 B ~ i. for 1-0=4% whereas for w=o0.10 and # sufficiently great, À has a value very near 5, and ®_ can even become greater than any value (). It may first be noted that no illusions should be had about small values of w, since large values of n can have a greater influence, with correspondingly greater deviation of the model irom the exponential. A 4 336. (?) $ 532 and 535. ‘'11] Allais - pag. 278

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