Father Potron Early Contributions to Input-Output Analysis

Gilbert Abraham-Frois and Emeric Lendjel ()
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Gilbert Abraham-Frois: EconomiX - EconomiX - UPN - Université Paris Nanterre - CNRS - Centre National de la Recherche Scientifique
Emeric Lendjel: CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique

Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL

Abstract: This article introduces an unknown predecessor of Leontief who, at the very beginning of the last century, invented the idea of an input-output table as the basis for finding an economic equilibrium. He gave examples of 'technical coefficients', formulated the idea of a computing office, and was the first to apply Perron-Frobenius's theorems to such Leontief-type models in order to demonstrate the possibility of the existence of an economic equilibrium. As a Jesuit, Potron was largely influenced by the 'social doctrine of justice'. Consequently, he was mainly concerned with social justice and economic efficiency, problems of 'fairness', and the setting of 'fair prices' and 'fair wages'. As a graduate of the Eacutecole Polytechnique with a PhD in mathematics, he applied mathematics to economic analysis, without any training or knowledge of economic methods.

Keywords: Potron; input-output analysis; Perron-Frobenius theorem; Thomism (search for similar items in EconPapers)
Date: 2006-12
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Citations: View citations in EconPapers (2)

Published in Economic Systems Research, 2006, 18 (4), pp.357-372. ⟨10.1080/09535310601020918⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:cesptp:halshs-00311378

DOI: 10.1080/09535310601020918

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