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

924 PONTIFICIAE ACADEMIAE SCIENTIARVM SCRIPTA VARIA - 2 
Thus we see that if w, is not too large, A will not differ 
greatly from I. 
On the contrary, if w, is near unity the superior limit of 
A given by (518-10) becomes very large. For the values of w, 
near unity the inequality (518-5) becomes 
(518-12) 
D+I 
20. 
It may at first sight appear to be a rather surprising 
result that if w, is near unity, that is, if the relative weight 
given to the term B,(8) corresponding to the exponential 
model (!) is relatively large, A can reach very high values 
whereas in the case of the exponential model, À = 1 (2). 
(*) Relation (510-13). 
(2) From (518-6) and (518-2) 
EN O,-1=00+R (p—1) (1—1w,) 
I +2 
D RO,-1= 0. +R P ) ®+2) (1 —tn,) 
Thus from (512-14) 
Tn w, +2", 
L an WŸ 
2 2, ) 
(2) 
3) 
and 
A) 
Ww, +k 
".- 
) (+4) (1—wo) 
I (1—y.)]2 
For small values of « 
5) 
For small valves of 
12 
A vo. 
6) 
p= 
If 
D 
~~ 
T11] Allais - pag. 228
	        
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.