Towards a Tenable Concept of ‘Warranted Supply’

Francis Seton

Chapter 13 in Prices, Growth and Cycles, 1997, pp 224-235 from Palgrave Macmillan

Abstract: Abstract Among the comprehensive portrayals of economic structure, the integrated tableaux économiques that have engaged the attention of economists in recent decades, the most outstanding is undoubtedly Leontief’s input-output table, both for its eloquence and rigour and its fecundity as a tool of economic analysis. Some of its statistical robustness, veracity, and adequacy may have been called into question in various contexts, but it is still a conceptual template which, consciously or unconsciously, underlies much of macroeconomic thinking, whether of an abstract or policy-oriented kind.

Keywords: Final Output; Production Sector; Final Demand; League Table; Final Supply (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-25275-6_13

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DOI: 10.1007/978-1-349-25275-6_13

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