9058009879

CHAPTFR TTT

32

86230

and    poi 1 tleni oppnałtlon, hut. they are oft.en orltldzed

on the hasła t.hat. t.hay Inek acnno«ica)1y rat.lona) foundat. 1 ona.

Thla 1a not. true, and not only on t.he hasła of t.ha argmant. of fnnnla [3], hot. alsń on t.he hasl s of a norę correct, nse of the anałyt.ł cal    t.ools prov1dad by t.he «nst eat.ahllahed

t.rarilt.lon of po!1t.1oal econniy, aa we will oonv1no1ngly show In t. h e next. santłon.

At t.he end of thla ohapt.er wet will nt.t.ewpt. to eat.ahllah a atrlot rei at.ionshl p aaong thla arguwent and t.he r.riterła for t.he evaluat.1on    of puhllo projeot.a Iwplylng addlt.lonal

eiployient.; and, on anoh a hasła, we will prov1de a crltloal revłsłnn of t.radlt.lonal cost./henef 11. analyses, whloh will reault. u aa ful up to t.he point, of - posałhly playłng a strategio role In t.he aet. of proposals we will develop, In t.he next. ohapt.er, 1n order to face, at. t.he European level, the prohlew of unewploywnnt. or, rat.her, the prohlew of how to organlze our socłet.les In    soch    a way    aa    to avo1d the enorwnua    and

łrratlonal waat.e of resonrees whloh preaently affect.a t.hew. Rut hefore    doing    t.h 1 a,    we    have at.111 to deepen    the

oowpet. 11.1 veneaa arguwent..

4 • If.I-łlDlr.!*•

Tn t.he prev1oua aeot.lon, we wlght. have g1ven the Upresslon t.hat. oowpet 11.1 veneaa dependa only opon techno 1 og 1 na 1 effIclency. Th 1 a łwpressłon 1a falae. We ohooae to argue 1n t.erwa of prodno1.1 v 1 ty henauae of t.wo dlfferent. reasona. The fi rat one was the need to g1ve the reader the auhat.anoe of the arguwent. In a cowpaot. way, wlt.hout. nonfoslng h1w wlt.h an exceaa of laauea In an early atage of the analytical deve1opwent..

The aecond reaaon waa t.hat. we were Intereat.ed In ahowlng, alnce the heglnnłng, t.hat. the systow* s perforwanoe alwaya łsprnves aa 1t.a eiployient. level growa, at the only oond1t.1on t.hat. the addlt.lonal workera have a poa1t.1ve prodnot. 1 v 1 ty. And we conalder t.hla point, aa helng very o r u dal, alnce 1t. 1a the ohllterat.lon of t.hla alwple and perfeot.ly cnsinn aenae t.rut.h whloh haa wadę perauaa1ve the oppoalt.e weaaage: t.hat. la, t.hat. a at.rat.egy whloh assoolates wora unewploywent. wlt.h a hlgher produotlv1 ty la the heat. one to ariopt.. And 1t. waa an exoeaa of oowp 1 1 oa 11 on , ewhodled precodoualy Int.o t.he analyała, t.hat haa allowed t.he oonoealing of t.he ohv1oua t.rut.h at.at.ed above. T1we haa cnie, now, alao for na, t.o oowplet.e the analytical set-up.

Cowwndł t.łes oowpet.e In t.erwa of t.helr warket. prlpe, whloh dependa not. only on phyaloal produo1.1 v 1 t.y hut alao on Input. prloea, and, 1 n part.loular, on wagea. Suppoae t.hat. lahour la t.he only Input.; aa we aaw earller t.ot.al oiit.put. w1 1 1 t.hen he Q • v N, the t.ot.al ooat. of whloh will he C - w N. Therefore, t.he unit. ooat, o, will h e

c»C/Q«wN/vN«w/v    [4]