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

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

3GQ

the consumption goods sector to one unit of capital goods
expressed in terms of capacity for the capital goods sector.
Then a new series of (n - I) replacement coefficients for the
capital goods sectors have to be introduced in matrix (II.g), in
addition to those already considered in the consumption goods
sectors. Similarly a new series of (# — 1) profit and depreciation
mark-ups, for the prices of investment goods, has to be introduced
 in matrix (II.13) in addition to those already considered
‘or the prices of consumption goods.
In both matrices the new (n- 1) elements fall along the
second half of the main diagonal (°). The solutions, as can
oe easily seen, are again very simple to reach and come out
as follows:

11.15)

(®) The condition under which the matrices of this more complex model
ire singular emerges as follows:

nk; a in

10]

Pasinetli - pag. 29
            
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