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

7,

VITO

211-2)

We now write

211-3)

Thus the production function is assumed to bs logar™
nically linear, and k is assumed to be its degre ect homo“:
reity. (#) is a coefficient which depends on # and allows for
‘echnical progress, which is assumed to operate cn ~ global
hasis.

Relation 11
2y We have

bov.

Using discrete notation and applying a period analysis of period I, the
sroduction function under consideration can be written

1)

=
LA.

Ré.

A Las A
where a, b,, b,, ..., by, ... are constant and R,, Ry, ..., R, ..., are the inputs
»f primary income of moments t, t—1,.., t—@,... contributing to real
income at moment -

» st

LA. +

OQ

«AN

t

+ 4%

Allais - pag. ,,