A Leontief-Type Input-Output Inclusion

A Leontief-Type Input-Output Inclusion

Is the Leontief input-output model a production-prices model?

The Leontief model is generally considered as belonging to the category of the production-prices models , aside of the Ricardian, Marxian and Sra aian models. This paper clearly demonstrates that this is a super cial point of view. As the Leontief model handles price indexes, it is over two periods: the Leontief price indexes solve the model for the base time period. The production-prices model...

A Comparison of Input-output Models: Ghosh Reduces to Leontief (but ‘closing’ Ghosh Makes It More Plausible)

Ghosh’s model is discussed in this paper under two alternative scenarios. In an open version we compare it with Leontief’s model and prove that they reduce to each other under some specific productive conditions. We then move onto reconsidering Ghosh’s model alleged implausibility and we do so reformulating the model to incorporate a closure rule. The closure solves, to some extent, the implaus...

n o 450 A Comparison Of Input - Output Models : Ghosh Reduces To Leontief ( But ' Closing ' Ghosh Makes It More

Ghosh’s model is discussed in this paper under two alternative scenarios. In an open version we compare it with Leontief’s model and prove that they reduce to each other under some specific productive conditions. We then move onto reconsidering Ghosh’s model alleged implausibility and we do so reformulating the model to incorporate a closure rule. The closure solves, to some extent, the implaus...

Input - Output Connections Hidden - Output