Journal Of The Econometric Society

An International Society for the Advancement of Economic
Theory in its Relation to Statistics and Mathematics

Edited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262

Econometrica: Apr, 1960, Volume 28, Issue 2

The Output-Investment Ratio and Input-Output Analysis<310:TORAIA>2.0.CO;2-M
p. 310-324

Oskar Lange

The paper shows that the output-investment ratio as well as the income-investment ratio is determined by the technological conditions of increasing production. The relation between sectorial allocation and physical composition of investment is shown. The question of maximising the rate of increase of national product or of national income, respectively, is discussed subject to the condition that minimal consumption requirements be satisfied.

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