SEMAINE D'ÉTUDE SUR LE ROLE DE L ANALYSE ECONOMETRIOUE ETC.

1045

3. The base year values of the variables used for projection,
 presented in the following tables, are summarized below
The base year is 1950.

Gross National Product
(domestic) . . .

Productive Investment (total)
 . . . .

Capital Transfer from Developed
 to Underdevelobed
 Areas . . .
Growth rate of the domestically
 produced
Gross National Product

Developed Ateas

Underdeveloped Areas

$2,105 billion $195 billion

$228 billion $15 - $22 billion

p4 billion

+ 0-0 VA

A

Nv

The Developed Areas comprises Western Europe (exclud
ing Spain, Portugal, Greece and Turkey) United States, Canada,
 Japan, Soviet Russia and other socialist countries; the
Underdeveloped Areas comprises all other countries. Since
these estimates, compiled from United Nations and other statistical
 sources, are supposed to cover all countries, they obviously
 are subject to a very substantial margin of error. The
estimates of the annual rate of gross productive investment in
the Underdeveloped Areas, which is particularly uncertain, is
presented not as a single figure but in terms of two figures —
a high and a low — which does not mean of course that the
true magnitude still might not lie outside of that range.
For similar reasons the base year estimate of the long-run
growth rates of the GNP’s is also presented for each area in
the form of two percentage figures — a higher and a lower one.

in

5. The calculations, the results of which are summarized
Tables T to VI, show how the future economic growth of

3] Leontief - pag. 7