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Summary Record of the Discussion — Session IX

In: Economic Development for Eastern Europe

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  • Michael Kaser

Abstract

Dr. Ophir observed, in opening the discussion, that Mr. Bouska’s structural model, being used in Czechoslovakia, could be traced back to Quesnay. Such models had also been adopted by Marx, but their modern employment began with Leontief in 1951. In Israel, an 85-sector model had been constructed to project import propensity: such an open Leontief model showed the bill of goods to be made available outside the interindustry structure; income and other elasticities of consumers’ goods were calculated, and the imports were thence derived which were required to sustain that bill of goods.

Suggested Citation

  • Michael Kaser, 1968. "Summary Record of the Discussion — Session IX," International Economic Association Series, in: Michael Kaser (ed.), Economic Development for Eastern Europe, chapter 0, pages 319-324, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-08470-8_28
    DOI: 10.1007/978-1-349-08470-8_28
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