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

SEMAINE D' ETUDE SUR LE ROLE DE L ANALYSE ECONOMETRIQUE ETC 
{11 
THE ROLE OF CAPITA; 
aN 
ECONOMIC 
DEVELG MEN 1 
JU MMAIX 
GENERAL FORMULATION OF THE THEORY OF CAPi 
A 
V 
A 
General considerations. 
\ quasi stationary process with variable growth rates 
A quasi stationary process with constant growth rates 
The case of a stationarv process 
J 
. MODEL ILLUSTRATING THE GENERAL THEOR: 
The assumptions of the model. 
Consequences of the assumptions. 
The case of a constant rate of growth of primary income. 
Limited expansion of the main expressions for small values 
the rates p and à. 
The case of an exponential decrease of elasticitv 
A 
3 
- 
8). 
" NFRONTATION OF THE MODEL AND OBSERVED . 
The general model and cbserved data. 
ne exponential model and observed data 
General comments. 
APPLICATIONS 
The possibility of increasing real per capita national income 
»y increasing capitalistic intensity. 
Process of maximum growth of production per unit cf primary 
ncome for given technical knowledge. 
Comparison of productivity for two countries. 
Policies for capitalistic develonment. 
À PPENDI" 
INFLUENCE ON THE RESULTS OF VARIATIONS OF THE FUNC 
The case where 8(0) e#0 can be developed as a Taylor series. 
Particular cases. 
11] Allais - pag. :5
	        
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