IDEAS home Printed from https://ideas.repec.org/a/hid/journl/v17y200935p103-126.html
   My bibliography  Save this article

The making of the Leif Johansen multi-sectoral model

Author

Listed:
  • Olav Bjerkholt

    (University of Oslo & Statistics Norway - Department of Economics)

Abstract

The paper traces the roots of Leif Johansen’s 1960 monograph A Multi-Sectoral Study of Economic Growth, recognized as the first computable general equilibrium (cge) model. Although Johansen might have been much attracted towards a purely theoretical study of a multi-sectoral equilibrium growth process he chose to construct an empirical model, calibrated to fit the Norwegian economy in 1950. Johansen’s Model combined Leontief ’s input-output analysis with Solow-type production functions and a Frisch-influenced specification of consumption demand. His work became influential on the further cge development. Johansen died at the age of 52 in 1982 and is regarded as the (only) intellectual heir of his teachers Ragnar Frisch and Trygve Haavelmo in originality and profoundness.

Suggested Citation

  • Olav Bjerkholt, 2009. "The making of the Leif Johansen multi-sectoral model," History of Economic Ideas, Fabrizio Serra Editore, Pisa - Roma, vol. 17(3), pages 103-126.
    • Handle: RePEc:hid:journl:v:17:y:2009:3:5:p:103-126
    as

    Download full text from publisher

    File URL: http://www.libraweb.net/articoli.php?chiave=200906103&rivista=61
    Download Restriction: Access to full text is restricted to subscribers
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Holmøy, Erling, 2016. "The development and use of CGE models in Norway," Journal of Policy Modeling, Elsevier, vol. 38(3), pages 448-474.
    2. Førsund, Finn R. & Vislie, Jon, 2016. "Leif Johansen on intra-industry structural change," Journal of Policy Modeling, Elsevier, vol. 38(3), pages 515-527.
    3. Olav Bjerkholt, 2014. "Ragnar Frisch and the Postwar Norwegian Economy: A Critical Comment on Sæther and Eriksen," Econ Journal Watch, Econ Journal Watch, vol. 11(3), pages 297-312, September.
    4. R. Førsund, Finn & Vislie, Jon, 2011. "From Macro Growth to Disaggregated Production Studies," Memorandum 22/2011, Oslo University, Department of Economics.
    5. Bjerkholt, Olav & Førsund, Finn R. & Holmøy, Erling, 2016. "Commemorating Leif Johansen (1930–1982) and his pioneering computable general equilibrium model of 1960," Journal of Policy Modeling, Elsevier, vol. 38(3), pages 415-420.
    6. M.J. Boumans, 2018. "Survey on Recent Work in the History of Econometrics: A Witness Report," Working Papers 18-10, Utrecht School of Economics.
    7. Holmøy, Erling & Strøm, Birger, 2013. "Computable General Equilibrium Assessments of Fiscal Sustainability in Norway," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 105-158, Elsevier.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hid:journl:v:17:y:2009:3:5:p:103-126. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mario Aldo Cedrini (email available below). General contact details of provider: http://www.libraweb.net .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.