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« Appliquer la théorie économique de l’équilibre général » : de Walras à Leontief
[Applying general equilibrium theory: from Walras to Leontief]

Author

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  • Akhabbar, Amanar
  • Lallement, Jerôme

Abstract

The way the expresssion "applied economics" was employed changed deeply from one author to another. In this article we examine the meaning of this concept in Leon Walras' and Wassily Leontief's works regarding mathematical models of general interdependence and general equilibrium. It appears that empirical analysis played very different roles in their works but that they both considered economics should develop policy-oriented theory.

Suggested Citation

  • Akhabbar, Amanar & Lallement, Jerôme, 2011. "« Appliquer la théorie économique de l’équilibre général » : de Walras à Leontief
    [Applying general equilibrium theory: from Walras to Leontief]
    ," MPRA Paper 30210, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:30210
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    References listed on IDEAS

    as
    1. Oskar Lange, 1937. "On the Economic Theory of Socialism: Part Two," Review of Economic Studies, Oxford University Press, vol. 4(2), pages 123-142.
    2. Paul A. Samuelson, 1959. "A Modern Treatment of the Ricardian Economy: I. The Pricing of Goods and of Labor and Land Services," The Quarterly Journal of Economics, Oxford University Press, vol. 73(1), pages 1-35.
    3. Mirowski,Philip, 2002. "Machine Dreams," Cambridge Books, Cambridge University Press, number 9780521772839, April.
    4. Heinz Kurz & Neri Salvadori, 2006. "Input-Output Analysis from a Wider Perspective: a Comparison of the Early Works of Leontief and Sraffa," Economic Systems Research, Taylor & Francis Journals, vol. 18(4), pages 373-390.
    5. Mirowski,Philip, 2002. "Machine Dreams," Cambridge Books, Cambridge University Press, number 9780521775267, April.
    6. Roger E. Backhouse & Jeff Biddle, 2000. "The Concept of Applied Economics: A History of Ambiguity and Multiple Meanings," History of Political Economy, Duke University Press, vol. 32(5), pages 1-24, Supplemen.
    7. Colander, David, 1993. "The Lost Art of Economics: Response," Journal of Economic Perspectives, American Economic Association, vol. 7(3), pages 213-215, Summer.
    8. Foley, Interviewed by Duncan K., 1998. "An Interview With Wassily Leontief," Macroeconomic Dynamics, Cambridge University Press, vol. 2(01), pages 116-140, March.
    9. David Colander, 2018. "Retrospectives: The Lost Art of Economics," Chapters,in: How Economics Should Be Done, chapter 3, pages 25-32 Edward Elgar Publishing.
    10. Jean-Pierre Potier, 2006. "Léon Walras et les exceptions au principe de la libre concurrence," Post-Print halshs-00188736, HAL.
    11. Leontief, Wassily, 1991. "The economy as a circular flow," Structural Change and Economic Dynamics, Elsevier, vol. 2(1), pages 181-212, June.
    12. Paul A. Samuelson, 1959. "A Modern Treatment of the Ricardian Economy: II. CApital and Interest Aspects of the Pricing Process," The Quarterly Journal of Economics, Oxford University Press, vol. 73(2), pages 217-231.
    13. 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.
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    More about this item

    Keywords

    Leontief; Walras; Keynes; épistémologye; application; general equilibrium theory; input output analysis; economic policy;

    JEL classification:

    • P0 - Economic Systems - - General
    • B21 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Microeconomics
    • B23 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Econometrics; Quantitative and Mathematical Studies
    • B13 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Neoclassical through 1925 (Austrian, Marshallian, Walrasian, Wicksellian)
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology

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