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Original Articles

A follow-up note on the plausibility of the Leontief and Ghosh closed models

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Pages 166-172 | Received 10 Sep 2012, Accepted 28 Jul 2019, Published online: 12 Aug 2019

References

  • Ghosh, A. (1958) Input-output Approach in an Allocation System. Economica, 25, 58–64. doi: 10.2307/2550694
  • Guerra, A.I. and F. Sancho (2011) Revisiting the Original Ghosh Model: can it be Made More Plausible? Economic Systems Research, 23, 319–328. doi: 10.1080/09535314.2011.566261
  • Leontief, W. (1936) Quantitative Input and Output Relations in the Economic System of the United States. Review of Economics and Statistics, 28, 105–125. doi: 10.2307/1927837
  • Leontief, W. (1941) The Structure of American Economy 1919–1939. New York, Oxford University Press.
  • Leontief, W. (1953) Studies in the Structure of the American Economy. New York, Oxford University Press.
  • Leontief, W. (1986) Input-Output Economics, 2nd ed. New York, Oxford University Press.
  • Manresa, A. and F. Sancho (2013) Supply and Demand Biases in Linear Interindustry Models. Economic Modelling, 33, 94–100. doi: 10.1016/j.econmod.2013.03.025
  • Oosterhaven, J. (2012) Adding Supply-driven Consumption Makes the Ghosh Model Even More Implausible. Economic Systems Research, 24, 101–111. doi: 10.1080/09535314.2011.635137

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