SEMAINE D'ÉTUDE SUR LE ROLE DE L’ANALYSE ECONOMETRIQUE ETC.

Ori

PART IV

PLICATIONS

400. The preceding theory admits of several particular
suggestive applications.
For suimplicity’s sake, the following exposition will be developed
 in terms of the exponential model with first order homo
 geneity.

A. — THE POSSIBILITY OF INCREASING REAL PER
CAPITA NATIONAL INCOME BY INCREASING CAPITAL
INTENSI

410.

From relation (251-15) we have for k=1

(410-1)

== 1_ ©
FE - © e © =[1+0, (2 ¢
1 ©
CM

el #

and from (z-,. .

, and (210-10)

1410-2}

® =Yc=C/Re
0,=Yc,

Allais - pag. 151