SEMAINE D'ÉTUDE SUR LE ROLE DE L'ANALYSE ECONOMETRIQUE ETC.
843
Since the functions are assumed to be of first-order homogeneity,
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
