Die Geldvermehrung im Weltkriege und die Beseitigung ihrer Folgen

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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

Usage license:: Get license information via the feedback formular.

Document type:: Monograph

Structure type:: Contents

Collection:: Economics Books

1044 PONTIFICIAE ACADEMIAE SCIENTIARVM SCRIPTA VARIA - ~§ The growth of the Underdeveloped Areas turns out to be described by a combination of two exponential terms. The first reflects the effects of internal savings, the second the con- tribution of investment financed through capital imports. Ac- cordingly the growth rate, A,, of the first component depends on the magnitude of the domestic savings and capital-output ratios while the second term grown at the same rate as the GNP of the Developed Areas (1). Equations (4) and (9) permit us to project forward the growth of both groups of countries provided their base year levels of their respective GNP’s, Savings, Growth Rates, as well as the initial magnitude of the interregional capital transfer is given. The corresponding values of the constants entering into the two growth functions can be computed from the follow- ing formulae: pL Le) IL) Le TY 0) Von PT ¥.0) Ya0)7.(0) _0) à, = À — Yalo) _ . __[L(0) — H(0)] Ya(o) _ BL Yo) MO) MST Lo) Lo) H(o) | _ TO +o) These relations are obtained by inserting the given base year values of the variables in the appropriate Investment Functions. Accelerations Relationships and Growth Functions. (!) If the ratio of the saving to the capital coefficient in the Developed and Underdeveloped regions happens to be equal. the solution of the differential equation (8) is reduced to: TIN (0-2) Y, (4) - 10) nf à - SU h, 2 b, that is, the growth rates of bnth groups of countries would in this case he reaual. 13]. Leontief - pag. 6

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