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Walras, Leontief and the Interdependence of Economic Activities

In: General Equilibrium Economics

Author

Listed:
  • Robert E. Kuenne

    (Princeton University)

Abstract

The theoretical groundwork for detailed interdependence models on a national basis was erected by Léon Walras in his Éléments d’Économie Politique Pure, first published in two parts: the first, dealing with the theory of exchange, in 1874, the second, concerned with the theory of production, in 1877.1 In this work, and four subsequent editions, Walras developed his general equilibrium theory, all but totally neglected in the Anglo-American pursuit of Marshallian partial analysis.2

Suggested Citation

  • Robert E. Kuenne, 1992. "Walras, Leontief and the Interdependence of Economic Activities," Palgrave Macmillan Books, in: General Equilibrium Economics, chapter 1, pages 21-55, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-12752-8_2
    DOI: 10.1007/978-1-349-12752-8_2
    as

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