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

138

PONTIFICIAE ACADEMIAE SCIENTIARVM SCRIPTA VARIA - 23

inputs and equal to ®. Then we have from (116-12), (110-1),
(II0-2) and $ 111.

(116-25) R=Rc=R,=R, = 4

The sequence of events in this case can be represented by
the following figure, which is the same as that demonstrating
the movement of a fluid in a conduit.

Entry into
the capitalrstic
process

Exit From the
rapitalistic
process

Production

persrod
=

Movement of inout-Supply

 of
any factor
input

dppearance of
the rfactor
moult

This shows that all factor income R,dt arising between
t-© and #-©+dt appears between # and #+dt and that in
the case of this process it is true that

(116-26) R=R.=R.=R.=A =|.

‘11] Allais - pag. 42
            
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