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This paper compares Leontief's 1928 PhD thesis and Sraffa's work in Cambridge in 1927-1928 as reconstructed from Sraffa's unpublished papers. Both authors showed that relative prices and the interest rate can be determined exclusively in terms of the observable amounts of commodities produced...
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This paper discusses the problem of exhaustible resources in a dynamic input-output model with 'classical' features. Both the quantity side and the price and distribution side are discussed. The argument is developed using the simplifying assump- tions that there is no technical progress and...
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This paper shows that the dynamic Leontief model can be interpreted as a linear model of endogenous growth. The long-term rate of growth is determined within the economic system - either as the outcome of the saving and investment behaviour of agents or as the outcome of some planner's...
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