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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.

Suggested Citation

  • Heinz Kurz & Neri Salvadori, 2000. "'Classical' Roots of Input-Output Analysis: A Short Account of its Long Prehistory," Economic Systems Research, Taylor & Francis Journals, vol. 12(2), pages 153-179.
  • Handle: RePEc:taf:ecsysr:v:12:y:2000:i:2:p:153-179
    DOI: 10.1080/09535310050005671
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    References listed on IDEAS

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    1. Heinz D. Kurz & Neri Salvadori (ed.), 1998. "The Elgar Companion to Classical Economics," Books, Edward Elgar Publishing, volume 0, number 851.
    2. Kurz,Heinz D. & Salvadori,Neri, 1997. "Theory of Production," Cambridge Books, Cambridge University Press, number 9780521588676, March.
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    Citations

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    Cited by:

    1. 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.
    2. 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.
    3. Xiao Jiang, 2015. "Endogenous Cycles and Chaos in a Capitalist Economy: A Circuit of Capital Model," Metroeconomica, Wiley Blackwell, vol. 66(1), pages 123-157, February.
    4. Akhabbar, Amanar & Antille, Gabrielle & Fontela, Emilio & Pulido, Antonio, 2011. "Input-Output in Europe: Trends in Research and Applications," OEconomia, Editions NecPlus, vol. 2011(01), pages 75-99, March.
    5. Neri Salvadori & Rodolfo Signorino, 2013. "The Classical Notion of Competition Revisited," History of Political Economy, Duke University Press, vol. 45(1), pages 149-175, Spring.
    6. 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.
    7. Buzaglo, Jorge & Calzadilla, Alvaro, 2008. "Simulating extended reproduction: Poverty reduction and class dynamics in Bolivia," MPRA Paper 28749, University Library of Munich, Germany.
    8. Bos, Frits, 2011. "Three centuries of macro-economic statistics," MPRA Paper 35391, University Library of Munich, Germany.
    9. Jérôme Lallement & Amanar Akhabbar, 2011. "Appliquer la théorie économique de l'équilibre général : de Walras à Leontief," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00609684, HAL.
    10. Erasmia Valma, 2014. "Estimation of Interregional Trade Coefficients and Multipliers in the Context of An Interregional Model," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 101-118.
    11. Li, Wu, 2010. "A Study on Dynamic General Equilibrium under the Classical Growth Framework," MPRA Paper 25540, University Library of Munich, Germany.
    12. Kurz, Heinz D., 2006. "The agents of production are the commodities themselves: On the classical theory of production, distribution and value," Structural Change and Economic Dynamics, Elsevier, vol. 17(1), pages 1-26, January.
    13. 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, vol. 18(2), pages 183-203.
    14. Lee, Frederic, 2011. "Heterodox surplus approach: production, prices, and value theory," MPRA Paper 31824, University Library of Munich, Germany.
    15. Pon Nya Mon & David W. Holland, 2005. "Organic Apple Production in Washington State: An Input-Output Analysis," Others 0503009, EconWPA.
    16. 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.
    17. 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.
    18. Akhabbar, Amanar & Lallement, Jérôme, 2010. "Wassily Leontief and Léon Walras: the Production as a Circular Flow," MPRA Paper 30207, University Library of Munich, Germany.
    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.
    20. Kenji Mori, 2010. "Charasoff and Dmitriev: An Analytical Characterisation of Origins of Linear Economics," TERG Discussion Papers 249, Graduate School of Economics and Management, Tohoku University.
    21. William Baumol, 2000. "Leontief's Great Leap Forward: Beyond Quesnay, Marx and von Bortkiewicz," Economic Systems Research, Taylor & Francis Journals, vol. 12(2), pages 141-152.
    22. 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.

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