Full text : Study week on the econometric approach to development planning

526-16)

44

PONTIFICIAE ACADEMIAE SCIENTIARVM SCRIPTA VARIA - 28

R, e% (2-p)
Rou 1-7, (i-p)

Fa

These relations are more convenient for use where yc is
given.
When w=o0, this model reduces to the exponential model
of the main text and when w =1, it reduces to the para-exponential
 model examined in the preceding section (with n>2).
The case n=2 is particularly important. In this case, the
Taylor expansion of B(0)e"" can be limited to the first two
terms.

The Form of (0)

327.

©(0) is maximum for 6 =0,, such that

0
(527-1) =r [ral
T [1+T (i-p)] [2 22 [Tip n-2
#3) a) |

[In all cases we have

Te 7
2

0m
T

: FAT]

() Again we find the general relation (228-14) for E=1.

IT] Allais - pag. 248
            
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