3SIC. 
MALINVAUL 
May I question Professor MorisHIMA on the implications of his 
analysis? The studies made thus far on the turnpike theory have 
heen concerned with the optimal pattern of development of an eco- 
nomy in which there is no final consumption. You have succeeded 
in escaping from the latter restriction; but you have tied up con- 
sumption to the general growth of the economy by other rules. I do 
not see very clearly what kind of conclusion you intend to draw 
from the analysis. 
You may be thinking that, by extending the turnpike theorem to 
a case allowing for consumption, you are giving indications about 
the qualitative features of the programs which would be optimal 
for development. You may also be aiming at describing how the 
actual process of growth has occurred. 
[ should like to know exactly your intentions. Do you explore 
ndications for programming? or do you describe what happens in 
a capitalist econo-— 
MORISHIM. 
The aim of this study is to extend the recent results of growth 
economics (especially the turnpike theorem) to a model with endo- 
enous population growth and flexible consumption demands 
bv 2 
Morishima - pag. 24