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Linear Model of Production in a Classical Setting

In: Linear Algebra for Economists

Author

Listed:
  • Fuad Aleskerov

    (National Research University)

  • Hasan Ersel

    (Sabanci University)

  • Dmitri Piontkovski

    (National Research University)

Abstract

In classic economics the interrelations in production are vital to understand the laws of production and distribution, and therefore to understand how an economic system works. Wassily Leontief1, a Russian born American economist made the greatest contribution in this line of thought by developing the input/output analysis2.

Suggested Citation

  • Fuad Aleskerov & Hasan Ersel & Dmitri Piontkovski, 2011. "Linear Model of Production in a Classical Setting," Springer Texts in Business and Economics, in: Linear Algebra for Economists, chapter 10, pages 165-193, Springer.
    • Handle: RePEc:spr:sptchp:978-3-642-20570-5_10
    DOI: 10.1007/978-3-642-20570-5_10
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    Cited by:

    1. Boris Abeli Pekarou Pemi & Donatien Njomo & René Tchinda & Jean Calvin Seutche & Daniel Roméo Kamta Legue & Mahamat Hassane Babikir & Venant Sorel Chara-Dackou, 2023. "Modeling and Quantitative Analysis in the Energy–Food–Water–Waste Nexus (EF2W): Case Study in Cameroon," Sustainability, MDPI, vol. 15(11), pages 1-21, May.

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