886 PONTIFICIAE ACADEMIAE SCIENTIARVM SCRIPTA VARIA - 2K
umptions would no longer be acceptable if the population
declined to a point where sectors experiencing increasing re-
turns became dominant (1).
The General Case
421. These results are completely independent of the hypo-
theses concerning the function 3(8) providing that the assump-
tion be made that y is constant, at least as a first approxima-
tion.
In fact, it has been shown that for any quasi-stationary
process with steady growth. we have
(421-1) I dR 1 dc.
4 RU C7
&
so that from relation (110-1) We have
(421-2)
Ra=(1-0oy)R
whence for k=1 and at least as a first approximation (*)
(421-3)
R =(1 —0 Y)R
!) ALLAIS (1963): Some Analytic and Applied Aspects of the Theory
capital.
(*) Relations (123-2) and (132-2)
(3) Relation (229-2).
:1] Allais - pag. 190