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

320 
PONTIFICIAE ACADEMIAE SCIENTIARVM SCRIPTA VARIA - 28 
5. 
— THE EXPONENTIAL MODEL AND 
OBSERVED DATA 
ESTIMATION OF THE PARAMETERS OF THE EXPONENTIAL 
MODEL 
320. The exponential model contains only two parameters, 
k and O,. 
The estimate of the value of % is derived in the same way 
as in the general model. 
Estimation of ©, 
321. We have found the relation 
321-1) 
ef 
I—7 Ÿ 
with y=C/R (}). 
Thus ©, depends only in y and 7 and this relation holds 
whatever the value of p. 
Methods of estimating y and ¢ are given in my Tokyo 
monograph and in mv New York lecture (2) (3). 
Relation (251-13). 
ALLAIS, 1960 A, § 42. 
ALLAIS. 1062 Â, DD. 714-715 
ir] 
Allais - pag. 124
	        
Waiting...

Note to user

Dear user,

In response to current developments in the web technology used by the Goobi viewer, the software no longer supports your browser.

Please use one of the following browsers to display this page correctly.

Thank you.