SEMAINE D'ÉTUDE SUR LE ROLE DE L’ANALYSE ECONOMETRIQUE ETC.
Ori
PART IV
PLICATIONS
400. The preceding theory admits of several particular
suggestive applications.
For suimplicity’s sake, the following exposition will be de-
veloped in terms of the exponential model with first order ho-
mo geneity.
A. — THE POSSIBILITY OF INCREASING REAL PER
CAPITA NATIONAL INCOME BY INCREASING CAPITAL
INTENSI
410.
From relation (251-15) we have for k=1
(410-1)
== 1_ ©
FE - © e © =[1+0, (2 ¢
1 ©
CM
el #
and from (z-,. .
, and (210-10)
1410-2}
® =Yc=C/Re
0,=Yc,
Allais - pag. 151