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

TABLE VI — Economic growth and capital transfer from developed to underdeveloped areas 
DEVELOPED COUNTRIES 
(growth rate in base year: 69%, 
implicit b,=3.15) 
Base Year (1959) 
Gross National Product . . . 
Capital transfers to 
underdeveloped areas . . . . . 
as per cent of national product (hk) 
Domestic investment . . . . . . 
as per cent of national product (i) 
Total consumption . . . . . . . 
as per cent of national product . . 
Ten Years Later (1069) 
Gross National Product . . . . . 
Average annual growth rate over the 
ten year period . 
UNDERDEVELOPED COUNTRIES 
growth rate in base year: 2%, 
implicit b,= 5.64) 
Base Year (1950) 
Gross National Product . . . 
Domestically financed investment . . 
as per cent of national product (i,) 
Total investment . . . . . © : 
Total consumption . . . . . . . 
as per cent of national product . . 
Ten Years Later (1969) 
Gross National Product . . . . . 
Average annual growth rate aver the 
ten vear period 
Original 
| Allocation 
$1205.0 bil. 
$4.0 bil. 
0.3% 
$228.0 bil 
18.9% 
$973.0 bil. 
80.89 
$2158.0 bil. 
6.0%, 
$195.0 bil. 
$18.0 bil. 
9.2% 
$22.0 bil. 
f177.0 bil, 
q0.89/ 
8240.0 hil. 
2.1%. 
Alternative Allocations 
$1205.0 bil. 
$1205.0 bil. 
$1205.0 bil. 
$4.0 bil. 
0.3% 
$239.0 bil. 
19.8% 
$962.0 bil. 
79.9% 
$15.0 bil. 
1.2% 
$236.0 bil. 
19.6% 
$954.0 bil. 
79.2%, 
$25.0 bil. 
2.1% 
$234.0 bil. 
19.4% 
$946.0 bil. 
78.5% 
$2220.0 bil. 
$2220.0 bil. 
$2199.0 bil. 
6.39, 
6.29 
6.2%, 
$195.0 bil. 
$19.0 bil. 
9.7% 
$23.0 bil. 
$176.0 bil. 
00.32%, 
$195.0 bil. 
$19.0 bil. 
9.7% 
$34.0 bil. 
$176.0 bil. 
90.3%, 
$195.0 bil. 
$19.0 bil. 
9.7% 
$44.0 bil. 
$176.0 bil. 
00.3%, 
5242.0 hil 
$272.0 bil. 
$297.0 bil. 
2.29/ 
2.4%, 
1.39 
> 
SN 
SN 
= 
=~ 
> 
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