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Output, Employment, Consumption, and Investment

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  • Wassily Leontief

Abstract

I. The problem: quantitative relationship between the primary demand for particular products and total output and employment, 290. — II. Technological relations assumed, 294. — The resulting equations, 296. — Computing employment, 297. — The concept of final demand, 298. — III. Computation from American data for 1939, 299. — IV. Applicability of these results to data for 1929, 304. — Explanation of discrepancies, 308. — V. Relationship between final purchases of particular commodities and total employment, 311. — Appendix, 313.

Suggested Citation

  • Wassily Leontief, 1944. "Output, Employment, Consumption, and Investment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 58(2), pages 290-314.
    • Handle: RePEc:oup:qjecon:v:58:y:1944:i:2:p:290-314.
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    Citations

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    Cited by:

    1. Michael Olabisi, 2020. "Input–Output Linkages and Sectoral Volatility," Economica, London School of Economics and Political Science, vol. 87(347), pages 713-746, July.
    2. Ruttan, Vernon W., 1954. "Technological Progress in the Meatpacking Industry, 1919-1947," Marketing Research Reports 310018, United States Department of Agriculture, Agricultural Marketing Service, Transportation and Marketing Program.
    3. Fidel Aroche Reyes & Marco Antonio Marquez Mendoza, 2021. "Demand-Driven and Supply-Sided Input–Output Models," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 19(2), pages 251-267, June.
    4. PARYS, Wilfried, 2018. "Labour values and energy values," Working Papers 2018006, University of Antwerp, Faculty of Business and Economics.
    5. Han, Han Soo, 1990. "The theoretical input-output system with flexible technological coefficients based on the two-stage level CES-type production function," ISU General Staff Papers 1990010108000010500, Iowa State University, Department of Economics.
    6. Bjerkholt, Olav, 1995. "When input-output analysis came to Norway," Structural Change and Economic Dynamics, Elsevier, vol. 6(3), pages 319-330, August.
    7. Ebeling, Francisco, 2022. "Can fossil fuel endowments steer economic development? Evidence from the linkages approach," Resources Policy, Elsevier, vol. 78(C).
    8. Davide Villani & Marta Fana, 2021. "Productive integration, economic recession and employment in Europe: an assessment based on vertically integrated sectors," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 48(2), pages 137-157, June.
    9. Alvaro Domínguez & Carlos Mendez, 2019. "Industrial Productivity Divergence and Input-Output Network Structures: Evidence from Japan 1973–2012," Economies, MDPI, vol. 7(2), pages 1-14, May.
    10. Philip K. Porter & Daniel M. Chin, 2012. "Economic Impact of Sports Events," Chapters, in: Wolfgang Maennig & Andrew Zimbalist (ed.), International Handbook on the Economics of Mega Sporting Events, chapter 15, Edward Elgar Publishing.
    11. Polenske, Karen R., 1995. "Leontief's spatial economic analyses," Structural Change and Economic Dynamics, Elsevier, vol. 6(3), pages 309-318, August.
    12. Domínguez, Alvaro & Santos-Marquez, Felipe & Mendez, Carlos, 2021. "Sectoral productivity convergence, input-output structure and network communities in Japan," Structural Change and Economic Dynamics, Elsevier, vol. 59(C), pages 582-599.
    13. Akhabbar, Amanar, 2013. "Samuelson and the Non-Substitution Theorem: Some Methodological Remarks," MPRA Paper 61760, University Library of Munich, Germany.
    14. Akhabbar, Amanar, 2007. "Leontief et l'économie comme science empirique: la signification opérationnelle des lois [Leontief and economics as an empirical science: the “operational meaning” of laws]," MPRA Paper 30453, University Library of Munich, Germany.
    15. Akhabbar, Amanar & Lallement, Jérôme, 2010. "Wassily Leontief and Léon Walras: the Production as a Circular Flow," MPRA Paper 30207, University Library of Munich, Germany.
    16. PARYS, Wilfried, 2013. "All but one: How pioneers of linear economics overlooked Perron-Frobenius mathematics," Working Papers 2013030, University of Antwerp, Faculty of Business and Economics.

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