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Wassily Leontief and the discovery of the input-output approach

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Abstract

The paper is about Wassily Leontief’s path towards the discovery of input-output economics, published in the Review of Economic Statistics in 1936 and 1937 and in the 1941 monograph The Structure of American Economy, 1919-1929. The aim has more specifically been to look more closely into how Leontief’s discovery was rooted in earlier career and experience. The paper sets out an account of Leontief’s life from his childhood and youth in St. Petersburg, his study years in Berlin, his research experience at the Institute of World Economics in Kiel, and the circumstances that brought him to the United States in 1931 and to Harvard shortly afterwards.

Suggested Citation

  • Bjerkholt, Olav, 2016. "Wassily Leontief and the discovery of the input-output approach," Memorandum 18/2016, Oslo University, Department of Economics.
    • Handle: RePEc:hhs:osloec:2016_018
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    File URL: http://www.sv.uio.no/econ/english/research/unpublished-works/working-papers/pdf-files/2016/memo-18-2016.pdf
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    Cited by:

    1. Harald Hagemann, 2021. "Leontief and his German period," Russian Journal of Economics, ARPHA Platform, vol. 7(1), pages 67-90, March.
    2. Vincent Carret, 2022. "Understanding the bitterness of Wassily Leontief: Postwar success and failures of input-output techniques," Working Papers halshs-03603527, HAL.
    3. PARYS, Wilfried, 2018. "Labour values and energy values," Working Papers 2018006, University of Antwerp, Faculty of Business and Economics.
    4. Vincent Carret, 2022. "Investment Planning and the Input-Output Model in Postwar Europe," Working Papers hal-03895580, HAL.

    More about this item

    Keywords

    Leontief; input-output;

    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis

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