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'Classical' Roots of Input-Output Analysis: A Short Account of its Long Prehistory

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  • Heinz Kurz
  • Neri Salvadori

Abstract

This paper discusses the roots of input-output analysis in 'classical' economics. The authors considered include Petty and Cantillon; Quesnay, the physiocrats and their critic Isnard; Smith, Ricardo, Torrens and Dmitriev; Marx, von Bortkiewicz and von Charasoff; Leontief; and Remak. It is argued that, in terms of method and content, input-output analysis is akin to the classical approach to the theory of production, distribution and relative prices in that (i) it requires all magnitudes to be observable and (ii) starts essentially from the same set of data. It is shown that many important modern concepts have been anticipated by the earlier authors. The prehistory of input-output analysis is also meant to provide new perspectives on potential future developments of the field.

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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Economic Systems Research.

Volume (Year): 12 (2000)
Issue (Month): 2 ()
Pages: 153-179

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Handle: RePEc:taf:ecsysr:v:12:y:2000:i:2:p:153-179

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Related research

Keywords: Circular Flow; Classical Economics; Reproduction Surplus Product; Value And Distribution;

References

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  1. Kurz,Heinz D. & Salvadori,Neri, 1995. "Theory of Production," Cambridge Books, Cambridge University Press, number 9780521443258, 9.
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Citations

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Cited by:
  1. Akhabbar, Amanar & Lallement, Jerôme, 2011. "« Appliquer la théorie économique de l’équilibre général » : de Walras à Leontief
    [Applying general equilibrium theory: from Walras to Leontief]
    ," MPRA Paper 30210, University Library of Munich, Germany.
  2. Salvadori, Neri & Signorino, Rodolfo, 2010. "The classical notion of competition revisited," MPRA Paper 22760, University Library of Munich, Germany, revised 17 May 2010.
  3. Akhabbar, Amanar & Antille, Gabrielle & Fontela, Emilio & Pulido, Antonio, 2011. "Input-Output in Europe: Trends in Research and Application," MPRA Paper 30208, University Library of Munich, Germany.
  4. Guilhoto, Joaquim José Martins, 2001. "Leontief e insumo-produto: antecedentes, princípios e evolução
    [Leotief and input-output: background, principles and evolution]
    ," MPRA Paper 54649, University Library of Munich, Germany.
  5. Bos, Frits, 2009. "The National Accounts as a Tool for Analysis and Policy; History, Economic Theory and Data Compilation Issues," MPRA Paper 23582, University Library of Munich, Germany.
  6. Buzaglo, Jorge & Calzadilla, Alvaro, 2008. "Simulating extended reproduction: Poverty reduction and class dynamics in Bolivia," MPRA Paper 28749, University Library of Munich, Germany.
  7. Li, Wu, 2010. "A Study on Dynamic General Equilibrium under the Classical Growth Framework," MPRA Paper 25540, University Library of Munich, Germany.
  8. Bos, Frits, 2011. "Three centuries of macro-economic statistics," MPRA Paper 35391, University Library of Munich, Germany.
  9. William Baumol, 2000. "Leontief's Great Leap Forward: Beyond Quesnay, Marx and von Bortkiewicz," Economic Systems Research, Taylor & Francis Journals, Taylor & Francis Journals, vol. 12(2), pages 141-152.
  10. Guilhoto, Joaquim José Martins, 2011. "Análise de Insumo-Produto: Teoria e Fundamentos
    [Input-Output Analysis: Theory and Foundations]
    ," MPRA Paper 32566, University Library of Munich, Germany.
  11. Lee, Frederic, 2011. "Heterodox surplus approach: production, prices, and value theory," MPRA Paper 31824, University Library of Munich, Germany.
  12. Pon Nya Mon & David W. Holland, 2005. "Organic Apple Production in Washington State: An Input-Output Analysis," Others, EconWPA 0503009, EconWPA.
  13. Akhabbar, Amanar, 2007. "Leontief et l'économie comme science empirique: la signification opérationnelle des lois
    [Leontief and economics as an empirical science: the “operational meaning” of laws]
    ," MPRA Paper 30453, University Library of Munich, Germany.
  14. Akhabbar, Amanar & Lallement, Jérôme, 2010. "Wassily Leontief and Léon Walras: the Production as a Circular Flow," MPRA Paper 30207, University Library of Munich, Germany.
  15. Akhabbar, Amanar, 2006. "Machine de guerre, machine de paix : le cas de l’analyse input-output comme modèle pour l’intervention publique
    [War Machine, Peace Machine: Input-Output Analysis as a Case Study of Public Interven
    ," MPRA Paper 30348, University Library of Munich, Germany.
  16. Li, Wu, 2010. "Cobb-Douglas生产函数和效用函数下的均衡分析
    [An Equilibrium Analysis under Cobb-Douglas Production and Utility Functions]
    ," MPRA Paper 23070, University Library of Munich, Germany.
  17. Volodymyr Ryaboshlyk, 2006. "A dynamic input-output model with explicit new and old technologies: an application to the UK," Economic Systems Research, Taylor & Francis Journals, Taylor & Francis Journals, vol. 18(2), pages 183-203.
  18. Kenji Mori, 2010. "Charasoff and Dmitriev: An Analytical Characterisation of Origins of Linear Economics," TERG Discussion Papers, Graduate School of Economics and Management, Tohoku University 249, Graduate School of Economics and Management, Tohoku University.
  19. PARYS, Wilfried, 2013. "All but one: How pioneers of linear economics overlooked Perron-Frobenius mathematics," Working Papers 2013030, University of Antwerp, Faculty of Applied Economics.

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