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

Structure type:: Chapter

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

Collection:: Economics Books

SEMAINE D'ÉTUDE SUR LE ROLE DE L’ANALYSE ECONOMETRIQUE ETC 700 the analysis of the influence of the capitalistic structure on differences in living standards and productivity as be- tween the French and U.S.A. economies, contained in my 1960 study L’Europe Unie (United Europe); the BowLEY-WALRAS lecture which I delivered to the Con- oress of the Econometric Society (Dec. 18th. 1961) at New York, in which I attempted to give an overall view of the work I had done on the theory of capital between 1940 and q61 (1H: the monograph which I presented to the Conference of the [nternational Economic Association at Cambridge in July (963, in which a full demonstration was given of certain propositions which had been stated without proof in the New York lecture The present study begins with the presentation of a general and condensed formulation of the theory of capital as I have developed it over the past twenty years. This is then illustrated by the discussion of a model of very general application; up to now I have only given summarised versions of this model, or demonstrations of particular aspects of it. I will then show how this model concords with observed data both in respect of its hypotheses and its consequences. Finally, some remarks and certain applications will be given. [t may be that this study is too long, but the reason for this is that I have wanted it to be self-sufficient, providing a complete demonstration of the propositions made. and furnish- (") This lecture was published in the October 1962 number of « Econo- metrica ». However, it was necessary to condense the exposition to such an extent that I fear that this paper is practically unintelligible to those whose who have not had the occasion to become acauainted with mv earlier vork. 2} The references to these studies are given in the biblioeranhv 11] Allais - pag. (3

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