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

374 PONTIFICIAE ACADEMIAE SCIENTIARVM SCRIPTA VARIA - 28 
It is really remarkable that the II curves, which relate to 
he mixed model, stay very near to the I curves of the expo- 
nential model, even though the weight attributed to the expo- 
aential element is but 2/3. This is due to the fact that the 
coefficient A in the mixed model has a value very near that 
which it takes in the exponential model, so that the 3(8) funct- 
ions of model I and II have approximately the same three first 
moments (1). 
General Comments 
540. It is certainly very surprising at first sight to find that 
for small values of w and for large values of n, the model 
considered has very different properties from those of the 
exponential and para-exponential models, though for w=o it 
is identical to the exponential model and for w=1 identical to 
the para-exponential model. 
For the first and second, for example, 
4 
B ~ i. 
for 
1-0=4% 
whereas for w=o0.10 and # sufficiently great, À has a value 
very near 5, and ®_ can even become greater than any value (). 
It may first be noted that no illusions should be had about 
small values of w, since large values of n can have a greater 
influence, with correspondingly greater deviation of the model 
irom the exponential. 
A 4 336. 
(?) $ 532 and 535. 
‘'11] Allais - pag. 278
	        
Waiting...

Note to user

Dear user,

In response to current developments in the web technology used by the Goobi viewer, the software no longer supports your browser.

Please use one of the following browsers to display this page correctly.

Thank you.