Download Wassily Leontief and Input-Output Economics by Erik Dietzenbacher, Michael L. Lahr PDF

By Erik Dietzenbacher, Michael L. Lahr

Wassily Leontief used to be the founder of input-output economics, for which he acquired the Nobel Prize in 1973. This ebook bargains a suite of papers in his reminiscence by way of his scholars and shut colleagues. the 1st half focuses upon Leontief as a person and student in addition to his own contributions to economics; the second one contains new theoretical and empirical study encouraged by way of Leontief's efforts. the gathering deals a complete pattern of the present country of interindustry economics and is probably going to entice a variety of pros.

Show description

Read or Download Wassily Leontief and Input-Output Economics PDF

Best macroeconomics books

Macroeconomics: A European Perspective

Macroeconomics: a ecu standpoint will supply scholars a fuller knowing of the topic and has been absolutely up to date to supply large assurance of the monetary difficulty. specifically, this new version presents: NEW chapters and up-to-date textual content throughout all chapters NEW information on Europe and the monetary main issue And what has regularly been the power of the ebook: A unified view of macroeconomics, permitting scholars to make the connections among the quick, medium, and future.

The New Fiscal Sociology: Taxation in Comparative and Historical Perspective

The recent economic Sociology: Taxation in Comparative and old viewpoint demonstrates that the learn of taxation can remove darkness from basic dynamics of contemporary societies. The 16 essays during this assortment supply a state of the art survey of the hot financial sociology that's rising on the intersection of sociology, background, political technology, and legislation.

The Keynesian Multiplier (Routledge Frontiers of Political Economy)

The multiplier is a imperative thought in Keynesian and post-Keynesian economics.  it really is principally what justifies activist full-employment financial coverage: a rise in monetary charges contributing to a number of rounds of spending, thereby financing itself.  but, whereas a copingstone of post-Keynesian thought, it isn't universally permitted by way of all post-Keynesians, for purposes tremendously assorted than the mainstream.

Models of Business Cycles

Some time past decade macroeconomic idea has passed through a striking transformation. on the vanguard has been the "rational expectancies revolution," and this school's such a lot terrific exponent is Robert E. Lucas. during this based and comparatively non-technical survey, Lucas stories the character and results of modern advancements in financial and company cycle concept.

Additional info for Wassily Leontief and Input-Output Economics

Example text

First, Leontief believed in working with conceptual frameworks, such as the multiregional input-output (MRIO) model, that would be easy to explain to engineers and others. The IRIO model is not designed in a way that engineers can readily follow. What is the difference? To make one widget, an engineer needs to know how many pounds of steel, kilowatts of electricity, etc. are needed, which is the information present in the MRIO technical coefficient matrices. The region of origin (information present in the IRIO technical coefficient matrices) of each of the inputs is not of direct interest to the engineer (although it may be to the purchasing agent).

Samuelson, P. A. (1948) International trade and the equalization of factor prices, Economic Journal, 58, 163–184. Silk, L. (1976) The Economists (New York, Basic Books). Solow, R. M.

Thus, once again in this field, Leontief and Leontief’s “magnificent machine” and other contributions 25 his colleagues designed several unique ways of working with the limited data available. 9. Conclusion In this paper, I have shown how Leontief systematically made advances in theory at the same time that he was contributing to the knowledge of the working of the US and world economies. For him, economic theory and empirical research had to be closely linked, and he illustrated, time after time, why this link was so important.

Download PDF sample

Rated 4.38 of 5 – based on 48 votes