534 PONTIFICIAE ACADEMIAE SCIENTIARVM SCRIPTA VARTA - 28 
subject to the budget constraint 
n 
Pot — 2 Vabu " 
The conventional procedure of maximization leads to 
Fyn Pu 
hy va Pu 
(i=1,..,n) 
These conditions, together with the budget equation, yield 
J) 
Pot 
Yn= 8 
' Du 
(i= I,.., n) 
where g,=h;/ > h;. 
j= 
As the industrial demand for good j in period {+1 is 
n 
> (Xjitrr+Sjiçy1) and workers’ consumption of good j is 
i=l ’ ’ 
Vjt+1 X *oit+1> the supply-demand balance of good 7 is estab- 
t+1 Æ, “oi, 
lished when 
+4) 
K 
< 
z= 45) Spip + juan 
1= 
Xj 1 + Spier) + 
n 
+ 7; 
j,t+1 2 Koi 
= ist+] 
‘9] Morishima - pag. 6