IDEAS home Printed from https://ideas.repec.org/a/taf/ecsysr/v12y2000i2p181-197.html
   My bibliography  Save this article

The Rents Problem in the Tableau Economique : Revisiting the Phillips Model

Author

Listed:
  • Albert Steenge

Abstract

A number of efforts have been made so far to transcribe Francois Quesnay's Tableau Economique into a modern input-output framework. However, the transcriptions available at present have not been generally accepted. A point of serious discussion has been the fixed coefficients assumption, which dates back to the model proposed by Phillips in 1955. Especially regarding the analysis of rents formation and proprietors preferences, this assumption is at odds with basic physiocratic thought. In this paper a general solution is proposed to the problem of modelling the rents in an input-output context. The method suggests a general approach, where the physiocratic view is a special case that identifies productivity with only one sector.

Suggested Citation

  • Albert Steenge, 2000. "The Rents Problem in the Tableau Economique : Revisiting the Phillips Model," Economic Systems Research, Taylor & Francis Journals, vol. 12(2), pages 181-197.
    • Handle: RePEc:taf:ecsysr:v:12:y:2000:i:2:p:181-197
    DOI: 10.1080/09535310050005680
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/09535310050005680
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/09535310050005680?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

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

    References listed on IDEAS

    as
    1. Shlomo Maital, 1972. "The Tableau Economique as a Simple Leontief Model: An Amendment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 86(3), pages 504-507.
    2. Paul A. Samuelson, 2011. "The Collected Scientific Papers of Paul Samuelson," MIT Press Books, The MIT Press, edition 1, volume 6, number 0262015404 edited by Janice Murray, April.
    3. Steenge, Albert E, 1978. "Environmental Repercussions and the Economic Structure: Further Comments," The Review of Economics and Statistics, MIT Press, vol. 60(3), pages 482-486, August.
    4. Hiroshi Atsumi, 1981. "Taxes and Subsidies in the Input-Output Model," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 96(1), pages 27-45.
    5. Barna, Tibor, 1976. "Quesnay's model of economic development," European Economic Review, Elsevier, vol. 8(4), pages 315-338, December.
    6. Kurz,Heinz D. & Salvadori,Neri, 1997. "Theory of Production," Cambridge Books, Cambridge University Press, number 9780521588676, September.
    7. Lloyd A. Metzler, 1951. "Taxes and Subsidies in Leontief's Input-Output Model," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 65(3), pages 433-438.
    8. Barna, T, 1975. "Quesnay's Tableau in Modern Guise," Economic Journal, Royal Economic Society, vol. 85(339), pages 485-496, September.
    9. Albert Steenge, 1995. "Sraffa and Goodwin: A unifying framework for standards of value in the income distribution problem," Journal of Economics, Springer, vol. 62(1), pages 55-75, February.
    10. Leontief, Wassily, 1970. "Environmental Repercussions and the Economic Structure: An Input-Output Approach," The Review of Economics and Statistics, MIT Press, vol. 52(3), pages 262-271, August.
    Full references (including those not matched with items on IDEAS)

    Citations

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


    Cited by:

    1. Rodolphe Santos Ferreira & Ragip Ege, 2022. "The net product in the Formule du Tableau Economique: Lessons from a formalism," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 21(3), pages 383-399, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Steenge, Albert E., 1999. "Input-output theory and institutional aspects of environmental policy," Structural Change and Economic Dynamics, Elsevier, vol. 10(1), pages 161-176, January.
    2. Christian Lager, 1998. "Prices of Goods' and 'Bads': An Application of the Ricardian Theory of Differential Rent," Economic Systems Research, Taylor & Francis Journals, vol. 10(3), pages 203-223.
    3. Giovanni Scarano, 2013. "Capital accumulation and technical conditions along sustainable growth paths," Departmental Working Papers of Economics - University 'Roma Tre' 0182, Department of Economics - University Roma Tre.
    4. Kazuhiko Nishimura, 2002. "Introduction of New Technology with a Sound Transition of the Input-Output Structure," Economic Systems Research, Taylor & Francis Journals, vol. 14(1), pages 89-94.
    5. repec:rre:publsh:v:37:y:2007:i:1:p:39-63 is not listed on IDEAS
    6. Rodousakis, Nikolaos, 2010. "Goodwin’s Lotka-Volterra Model in Disaggregative Form: A Note," MPRA Paper 22975, University Library of Munich, Germany.
    7. 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.
    8. Martin Diedrich, 2002. "Emission Targets and Equilibrium Choice of Technique," Keele Economics Research Papers KERP 2002/12, Centre for Economic Research, Keele University.
    9. Fernando Ribeiro Leite Neto & Nelson Mendes Cantarino, 2016. "The Physiological Roots Of The Tableau Économique," Anais do XLIII Encontro Nacional de Economia [Proceedings of the 43rd Brazilian Economics Meeting] 002, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    10. Kagawa, Shigemi & Nakamura, Shinichiro & Inamura, Hajime & Yamada, Masato, 2007. "Measuring spatial repercussion effects of regional waste management," Resources, Conservation & Recycling, Elsevier, vol. 51(1), pages 141-174.
    11. Rodolphe Santos Ferreira & Ragip Ege, 2022. "The net product in the Formule du Tableau Economique: Lessons from a formalism," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 21(3), pages 383-399, September.
    12. 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.
    13. Mariolis, Theodore & Tsoulfidis, Lefteris, 2010. "Eigenvalue distribution and the production price-profit rate relationship in linear single-product systems: theory and empirical evidence," MPRA Paper 43716, University Library of Munich, Germany.
    14. Siebe, Thomas, 1995. "Taxes and subsidies in a multisectoral econometric model," Economic Modelling, Elsevier, vol. 12(2), pages 193-204, April.
    15. Taelim Choi & Randall W. Jackson & Nancey Green Leigh & Christa D. Jensen, 2011. "A Baseline Input—Output Model with Environmental Accounts (IOEA) Applied to E-Waste Recycling," International Regional Science Review, , vol. 34(1), pages 3-33, January.
    16. Daniel Moran & Richard Wood, 2014. "Convergence Between The Eora, Wiod, Exiobase, And Openeu'S Consumption-Based Carbon Accounts," Economic Systems Research, Taylor & Francis Journals, vol. 26(3), pages 245-261, September.
    17. Li, Yilin & Chen, Bin & Li, Chaohui & Li, Zhi & Chen, Guoqian, 2020. "Energy perspective of Sino-US trade imbalance in global supply chains," Energy Economics, Elsevier, vol. 92(C).
    18. Zhu, Bangzhu & Su, Bin & Li, Yingzhu & Ng, Tsan Sheng, 2020. "Embodied energy and intensity in China’s (normal and processing) exports and their driving forces, 2005-2015," Energy Economics, Elsevier, vol. 91(C).
    19. John Davis, 2020. "Belief reversals as phase transitions and economic fragility: a complexity theory of financial cycles with reflexive agents," Review of Evolutionary Political Economy, Springer, vol. 1(1), pages 67-84, May.
    20. Kumar, Indraneel & Tyner, Wallace E. & Sinha, Kumares C., 2016. "Input–output life cycle environmental assessment of greenhouse gas emissions from utility scale wind energy in the United States," Energy Policy, Elsevier, vol. 89(C), pages 294-301.
    21. Yannic Rehm & Lucas Chancel, 2022. "Measuring the Carbon Content of Wealth Evidence from France and Germany," PSE Working Papers halshs-03828939, HAL.

    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:taf:ecsysr:v:12:y:2000:i:2:p:181-197. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CESR20 .

    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.