SEMAINE D'ÉTUDE SUR LE ROLE DE L’ANALYSE ECONOMETRIQUE ETC 
700 
the analysis of the influence of the capitalistic structure on 
differences in living standards and productivity as be- 
tween the French and U.S.A. economies, contained in my 
1960 study L’Europe Unie (United Europe); 
the BowLEY-WALRAS lecture which I delivered to the Con- 
oress of the Econometric Society (Dec. 18th. 1961) at New 
York, in which I attempted to give an overall view of the 
work I had done on the theory of capital between 1940 and 
q61 (1H: 
the monograph which I presented to the Conference of the 
[nternational Economic Association at Cambridge in July 
(963, in which a full demonstration was given of certain 
propositions which had been stated without proof in the 
New York lecture 
The present study begins with the presentation of a general 
and condensed formulation of the theory of capital as I have 
developed it over the past twenty years. This is then illustrated 
by the discussion of a model of very general application; up to 
now I have only given summarised versions of this model, or 
demonstrations of particular aspects of it. I will then show 
how this model concords with observed data both in respect of 
its hypotheses and its consequences. Finally, some remarks 
and certain applications will be given. 
[t may be that this study is too long, but the reason for 
this is that I have wanted it to be self-sufficient, providing a 
complete demonstration of the propositions made. and furnish- 
(") This lecture was published in the October 1962 number of « Econo- 
metrica ». However, it was necessary to condense the exposition to such 
an extent that I fear that this paper is practically unintelligible to those 
whose who have not had the occasion to become acauainted with mv earlier 
vork. 
2} The references to these studies are given in the biblioeranhv 
11] Allais - pag. (3