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From the accounts of Philosophie rurale to the physiocratic Tableau: François Quesnay as a precursor of national accounting

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  • Le Masne, Pierre
  • Dupuy, Romuald
  • Roman, Philippe

Abstract

Quesnay’s Tableau, as it appears in Philosophie rurale, is an understandable, robust and innovative construction despite detail errors. It provides a precise representation of the economic circuit. The accounts of chapter VII of Philosophie rurale are introduced and we explain how Quesnay’s Tableau comes from these accounts. The transposition of the accounts of chapter VII and of the Tableau into two input-output tables shows the balance of resources and uses. In order to shed light on the progress of exchanges along the year, the Tableau is also transposed into three double-entry accountings (proprietors, farmers and artisans).

Suggested Citation

  • 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.
    • Handle: RePEc:osf:osfxxx:e6zyr
    DOI: 10.31219/osf.io/e6zyr
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    References listed on IDEAS

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    1. Menegatti, Matteo, 2018. "Bon Prix, Profit, And Capital Accumulation In Quesnay," Journal of the History of Economic Thought, Cambridge University Press, vol. 40(1), pages 23-40, March.
    2. Walter Eltis, 1998. "The Harrod-Domar Equation from Quesnay to Marx to Harrod and Domar," Palgrave Macmillan Books, in: Giorgio Rampa & Luciano Stella & A. P. Thirlwall (ed.), Economic Dynamics, Trade and Growth, chapter 1, pages 11-37, Palgrave Macmillan.
    3. Milanovic, Branko, 2015. "The Level And Distribution Of Income In Mid-Eighteenth-Century France, According To François Quesnay," Journal of the History of Economic Thought, Cambridge University Press, vol. 37(1), pages 17-37, March.
    4. Giorgio Rampa & Luciano Stella & A. P. Thirlwall (ed.), 1998. "Economic Dynamics, Trade and Growth," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-26931-0, December.
    5. Eltis, Walter, 2002. "How Quesnay's Tableau Économique Offered a Deeper Analysis of the Predicament of France," Journal of the History of Economic Thought, Cambridge University Press, vol. 24(1), pages 39-53, March.
    6. Gabriel Sabbagh, 2015. "The Philosophie rurale of Quesnay, Mirabeau, and Butré, after 250 Years," Contributions to Political Economy, Cambridge Political Economy Society, vol. 34(1), pages 105-124.
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    1. 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.

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