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

SEMAINE D'ÉTUDE SUR LE ROLE DE L'ANALYSE ECONOMETRIQUE ETC. 
843 
Since the functions are assumed to be of first-order homo- 
geneity, we have 
432-3) 
[n situation Il 
432-4) 
because of two effects, one direct, since 
432-5) 
q, A. 
the other indirect, due to 
432-6) 
The following 
two situations 
E- 
Sh —— 
table summarises the comparison between 
Situation 
Situation 
us 
Productivity: ratio 
Equipment per worker: ratio 
Output per unit of equipment: 
ratic 
Capital-Output Rati 
«a | Allais - pag. 197
	        
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