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Father Potron's Early Contributions to Input-Output Analysis

Author

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  • Gilbert Abraham-Frois
  • Emeric Lendjel

Abstract

This article introduces an unknown predecessor of Leontief who, at the very beginning of the last century, invented the idea of an input-output table as the basis for finding an economic equilibrium. He gave examples of 'technical coefficients', formulated the idea of a computing office, and was the first to apply Perron-Frobenius's theorems to such Leontief-type models in order to demonstrate the possibility of the existence of an economic equilibrium. As a Jesuit, Potron was largely influenced by the 'social doctrine of justice'. Consequently, he was mainly concerned with social justice and economic efficiency, problems of 'fairness', and the setting of 'fair prices' and 'fair wages'. As a graduate of the Ecole Polytechnique with a PhD in mathematics, he applied mathematics to economic analysis, without any training or knowledge of economic methods.

Suggested Citation

  • Gilbert Abraham-Frois & Emeric Lendjel, 2006. "Father Potron's Early Contributions to Input-Output Analysis," Economic Systems Research, Taylor & Francis Journals, vol. 18(4), pages 357-372.
  • Handle: RePEc:taf:ecsysr:v:18:y:2006:i:4:p:357-372
    DOI: 10.1080/09535310601020918
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    Cited by:

    1. 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.
    2. Kemp-Benedict, Eric, 2014. "The inverted pyramid: A neo-Ricardian view on the economy–environment relationship," Ecological Economics, Elsevier, vol. 107(C), pages 230-241.

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