Introduction: the History of Input–Output Analysis, Leontief's Path and Alternative Tracks
@article{Bjerkholt2006IntroductionTH, title={Introduction: the History of Input–Output Analysis, Leontief's Path and Alternative Tracks}, author={O. Bjerkholt and H. Kurz}, journal={Economic Systems Research}, year={2006}, volume={18}, pages={331 - 333} }
The term ‘input–output analysis’ is, for well-known reasons, closely associated with the name of Wassily Leontief, widely considered as being the founder of the subject. Leontief’s input–output analysis may be seen as epitomized by one of the most frequently repeated equations in the economics literature, namely x 5 Ax 1 y. Many students of Leontief and practitioners of input–output analysis may have reflected upon the almost paradoxical fact that such a general and wide ranging approach as… CONTINUE READING
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