IDEAS home Printed from https://ideas.repec.org/a/spr/portec/v21y2022i3d10.1007_s10258-022-00212-3.html
   My bibliography  Save this article

The net product in the Formule du Tableau Economique: Lessons from a formalism

Author

Listed:
  • Rodolphe Santos Ferreira

    (University of Strasbourg
    Universidade Católica Portuguesa)

  • Ragip Ege

    (University of Strasbourg)

Abstract

It is well known since Phillips (1955) that the Formule du Tableau Economique can be translated into an input–output table. Phillips's translation is however far from faithful. We propose a more accurate translation that attempts to take seriously all the features of Quesnay's formalism, by considering in particular its clear, although tacit, distinction between current and capital accounts. This formalism is first approached as an autonomous object of analysis, and then serves as the basis for discussing the imputation of the net product, by considering successively three candidates to that imputation (other than the productive class): the class of landowners, the sterile class and nature.

Suggested Citation

  • Rodolphe Santos Ferreira & Ragip Ege, 2022. "The net product in the Formule du Tableau Economique: Lessons from a formalism," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 21(3), pages 383-399, September.
    • Handle: RePEc:spr:portec:v:21:y:2022:i:3:d:10.1007_s10258-022-00212-3
    DOI: 10.1007/s10258-022-00212-3
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10258-022-00212-3
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s10258-022-00212-3?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Rodolphe Dos Santos Ferreira, 2002. "Aristotle's analysis of bilateral exchange: an early formal approach to the bargaining problem," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 9(4), pages 568-590.
    2. Shlomo Maital, 1972. "The Tableau Economique as a Simple Leontief Model: An Amendment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 86(3), pages 504-507.
    3. Loic Charles, 2003. "The visual history of the Tableau Economique," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 10(4), pages 527-550.
    4. Rodolphe Dos Santos Ferreira & Ragip Ege, 2013. "General equilibrium as competitive equilibrium: The significance of Walras' achievement from a Cournotian viewpoint," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 20(4), pages 625-645, August.
    5. Dupuy, Romuald & Le Masne, Pierre & Roman, Philippe, 2020. "From The Accounts Of Philosophie Rurale To The Physiocratic Tableau: François Quesnay As A Precursor Of National Accounting," Journal of the History of Economic Thought, Cambridge University Press, vol. 42(4), pages 457-481, December.
    6. Almarin Phillips, 1955. "The Tableau Économique as a Simple Leontief Model," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 69(1), pages 137-144.
    7. Steenge, Albert E. & van den Berg, Richard, 2007. "Transcribing the Tableau Économique: Input-Output Analysis à la Quesnay," Journal of the History of Economic Thought, Cambridge University Press, vol. 29(3), pages 331-358, September.
    8. Le Masne, Pierre & Dupuy, Romuald & Roman, Philippe, 2020. "From the accounts of Philosophie rurale to the physiocratic Tableau: François Quesnay as a precursor of national accounting," OSF Preprints e6zyr, Center for Open Science.
    9. Albert Steenge, 2000. "The Rents Problem in the Tableau Economique : Revisiting the Phillips Model," Economic Systems Research, Taylor & Francis Journals, vol. 12(2), pages 181-197.
    10. Barna, T, 1975. "Quesnay's Tableau in Modern Guise," Economic Journal, Royal Economic Society, vol. 85(339), pages 485-496, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Fernando Ribeiro Leite Neto & Nelson Mendes Cantarino, 2016. "The Physiological Roots Of The Tableau Économique," Anais do XLIII Encontro Nacional de Economia [Proceedings of the 43rd Brazilian Economics Meeting] 002, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    2. Loïc Charles & Christine Théré, 2013. "In the Shadow of François Quesnay: The Political Economy of Charles Richard de Butré," EconomiX Working Papers 2013-32, University of Paris Nanterre, EconomiX.
    3. Albert Steenge, 2000. "The Rents Problem in the Tableau Economique : Revisiting the Phillips Model," Economic Systems Research, Taylor & Francis Journals, vol. 12(2), pages 181-197.
    4. Elie Sadigh & Jean-Marie Huriot, 1991. "Quesnay, balance and growth [Quesnay, l'équilibre et la croissance]," Working Papers hal-01542107, HAL.
    5. Anthony Brewer, 2005. "Cantillon, Quesnay, and the Tableau Economique," Bristol Economics Discussion Papers 05/577, School of Economics, University of Bristol, UK.
    6. Patalano, Rosario, 2020. "Ferdinando Galiani’S Newtonian Social Mathematics," Journal of the History of Economic Thought, Cambridge University Press, vol. 42(3), pages 357-383, September.
    7. Schilirò, Daniele, 2011. "Mutamenti strutturali: modelli, metodi e principi in una nuova prospettiva [Structural changes: models, methods and principles towards a new perspective]," MPRA Paper 31566, University Library of Munich, Germany.
    8. Daniele SCHILIR, 2012. "Structural Change And Models Of Structural Analysis Theories Principles And Methods," Journal of Advanced Research in Law and Economics, ASERS Publishing, vol. 3(2), pages 31-49.
    9. Papatya Duman & Walter Trockel, 2016. "On non-cooperative foundation and implementation of the Nash solution in subgame perfect equilibrium via Rubinstein's game," The Journal of Mechanism and Institution Design, Society for the Promotion of Mechanism and Institution Design, University of York, vol. 1(1), pages 83-107, December.
    10. Ivano Cardinale & Michael Landesmann, 2016. "Exploring Sectoral Conflicts of Interest in the Eurozone: A Structural Political Economy Approach," wiiw Essays and Occasional Papers 3, The Vienna Institute for International Economic Studies, wiiw.
    11. Ormazabal Sánchez, Kepa Mirena, 2002. "Quesnay and Leontief on Capital and Income," BILTOKI 1134-8984, Universidad del País Vasco - Departamento de Economía Aplicada III (Econometría y Estadística).
    12. Hernando Matallana, 2008. "The Process of Circulation in Quesnay's Tableau Économique," Documentos CEDE 5000, Universidad de los Andes, Facultad de Economía, CEDE.
    13. Łukasz Hardt, 2023. "On the Modelling Method in Adam Smith’s Economic Thought," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 1, pages 3-18.
    14. 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.

    More about this item

    Keywords

    Quesnay; Tableau Economique; Net product; Formalism; Input–output analysis;
    All these keywords.

    JEL classification:

    • B11 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Preclassical (Ancient, Medieval, Mercantilist, Physiocratic)
    • B16 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Quantitative and Mathematical
    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:portec:v:21:y:2022:i:3:d:10.1007_s10258-022-00212-3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.