SEMAINE D'ETUDE SUR LE ROLE DE L’'ANALYSE ECONOMETRIQUE ET. 
lutions of (II.13) is therefore exactly the same as that wn:ch 
has been found already for (II.g), namely "I.10) ~n- ‘he 
solutions for prices (relative prices) come out as- 
Ir. 
As the reader can see, the last (# - 1) prices are still of the 
simple type of the previous section. However, this is only 
decause of the simplifying assumption that capital goods re- 
quire no capital goods to be produced. The formulation for 
the (7 — I) prices of consumption goods are more general and 
more interesting. Each price is expressed as a sum of two 
:lements: the prime cost (a,, = quantity of labour required 
to produce a unit of commodity) and the gross profit mark-up 
(=; + a which in turn is composed of the rate of profit 
in sector i (7;), and of the depreciation allowance (1/T;), both 
of them being proportional to the capital intensity of the pro- 
ductive process (a,;, = quantity of labour required to produce 
one unit of productive capacity). 
Already at this stage, a pure labour theory of value is no 
longer valid. The only case in which it still stands becomes 
a very peculiar one: the case in which either the rate of profit 
‘101 
Pasinetti - pag. 2;