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THEORETICAL FRAMEWORK OF THE MODEL
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abja Abstracts of India Acceleration Principle Amsterdam assumed average boundary conditions Business Cycles calculated changes Chapter Colin Clark considered consumption corporate enterprises corporate profits cost of living decision model desirable values direct taxes disposable noncorporate incomes econometric model economic policy economist elasticity of supply employment endogenous variables estimate exogenous explained explanatory variable exports factors factors of production farm prices farm production figures fixed targets import demand increase industrial countries influence instrument variables Kingsley Davis labour incomes lag of half marginal propensity markets ment milliard national income national price-level national product noncorporate profits nonfarm labour nonlabour incomes number of instruments number of targets obtained policy maker policy problem priori lag private investment propensity to consume propensity to invest quantitative regression coefficients relations short term solutions Statistical Abstracts sumer Table target variables Theoretical tion United Kingdom unknowns wage rate wage-rate