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Father Potron Early Contributions to Input-Output Analysis

Author

Listed:
  • Gilbert Abraham-Frois

    (EconomiX - EconomiX - UPN - Université Paris Nanterre - CNRS - Centre National de la Recherche Scientifique)

  • Emeric Lendjel

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

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 Eacutecole 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 Early Contributions to Input-Output Analysis," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00311378, HAL.
    • Handle: RePEc:hal:cesptp:halshs-00311378
    DOI: 10.1080/09535310601020918
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    Cited by:

    1. Kenji Mori, 2008. "Maurice Potron'S Linear Economic Model: A De Facto Proof Of ‘Fundamental Marxian Theorem’," Metroeconomica, Wiley Blackwell, vol. 59(3), pages 511-529, July.
    2. PARYS, Wilfried, 2013. "All but one: How pioneers of linear economics overlooked Perron-Frobenius mathematics," Working Papers 2013030, University of Antwerp, Faculty of Business and Economics.

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