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A Linear Programming Solution to Dynamic Leontief type Models

Harvey M. Wagner
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Harvey M. Wagner: Massachusetts Institute of Technology

Management Science, 1957, vol. 3, issue 3, 234-254

Abstract: Much research has been undertaken in the past several years on the uses of Leontief input-output matrices; applications have been made ranging from industrial growth models to models of interregional dynamics to estimates of structural changes in the economy. This paper discusses a general linear programming formulation of Leontief type relationships. Since we may construct models for a single firm analogous to Leontief macro-economic systems, our results are applicable to a wide variety of situations.

Date: 1957
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