764 PONTIFICIAE ACADEMIAE SCIENTIARVM SCRIPTA VARIA - 28
and since R and C grow at the rate p while 4 is constant, it
follows that
(132-2)
Ir dR
R A
-C
The relationships derived in part IB naturally remain
anchanged (§ 120 to 120).
Growth of Real Consumed National Income
133. From (117-2) and (131-3) we deduce
133-1) R(t)=a(tR, (t)] [“e"g(0)a0]'G [5 (6)
In this relation, a(f) represents the impact of technological
progress on productivity and we have
(133-2)
a(t). + dælt)
walt) dt
where 7 (Z) is the rate of growth of technological progress.
As the functions © (8) and ® (8) are invariant over time,
we have
1 dR. dot I dR, (¢
(133-3) — —e =—-.— dat) +k (t)
R. dt alt) di R(t) dt
11] Allais - pag. 68