SEMAINE D ETUDE SUR LE ROLE DE L ANALYSE ECONOMETRIOUE ETC. 
665 
_11APTER 
[HE EMPIRICAL SIGNIFICANCE OF THE MODEL 
… The relation of sectoral dynamic analysis to input-output 
analvsis 
The model which has been developed in the previous pages 
has far-reaching theoretical implications and also straightfor- 
ward empirical applications. Leaving its theoretical implica- 
lions aside for the time being, we may concentrate in this chap- 
ter on its empirical significance. At the same time, the op- 
portunity will be taken of completing the model with reference 
to inter-industry relations at a given point of time. It will 
be remembered that, in Chapter II, all inter-industry con- 
nections and intermediate commodities at a given point of time 
were deliberately left aside, because our aim was to arrive at 
a dynamic investigation as soon as possible. We may now go 
back for a moment to that stage. Fortunately, there is no need 
to develop here any model with intermediate commodities; for 
such models have been extensively developed already in the 
economic literature, especially during the past twenty years. 
Hence our task can be limited to showing how they relate to 
the previous analysis. 
There are in particular two theoretical schemata, recently 
presented, which may be considered as the logical static count- 
erpart of the previous dynamic analysis. They are WassILY 
L_EONTIEF’s input-output model, and PIERO SRAFFA’s produc- 
10] Pasinetti - pag. 95