SEMAINE D ETUDE SUR LE ROLE DE L’ANALYSE ECONOMETRIQUE ETC 707

TABLE Vail

Applications of the model

[. POSSIBILITY OF INCREASING REAL NATIONAL INCOME BY IN-CREASING
 CAPITAL TNTFNSIT cD

US]

0-3) (410-4)

—

N
410-2,
or

2. DIMINUTION OF REAL CONSUMED INCOME AS A CONSEQUENCE
OF THE INCREASE OF PRIMARY "NCOME 320-421)
Decrease « — w= conite

U.S. a

3. COMPARISON
(§ 43¢

ye

ea

Fig

RONDUCTIV ’

a

“WO

1

_

COUNTRIES

Tn

hd
;

D
rt)
‘

ombarison ot American and

Fa

Productivity: ratio . . . .
Equipment per worker: ratio
Output per unit of enninment:
ratic
Capital

Ü =:

IQ

Formula (430-3) shows that it is impossible to explain the greater American
 productivity by a greater value of @. characterizing the capitalistic
structure.

L.

CAPITALIST DEVELOPMENT POLICY

(§ 440).

11] Allais - pag. 11