SEMAINE D'ÉTUDE SUR LE ROLE DE IL ANALYSE ECONOMETRIQUE ETC.
705
vhence, from the dz2fnitions in $ TIC
(133-4)
Thus, if the production function is of k-order homogeneity,
the rate of growth v of real consumed national income is given
by adding the rate of growth = of technological progress to the
product kg of the rate of growth of primary income © and the
~oefficient of homogeneity «.
[t follows from the preceding .
133-5)
V
1
[n other words, when the coefficient of homogeneity is equal
lo unity, which is more or less its value in real conditions, the
rate of growth of technical progress is equal to the amount by
which the rate of growth of real consumed income exceeds that
of primary income. The rate of growth of technical progress
‘hen is equal to the rate of growth of productivity per unit of
brimary income.
The growth of real consumed income is independent o. .. _
capitalistic structure (!), since the functions ¢(8) and (0) have
Seen assumed invariant.
ne sense .
, Allais - pag. 55