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Summary Record of the Discussion — Session IX

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Abstract

Dr. Ophir observed, in opening the discussion, that Mr. Bouska’s structural model, being used in Czechoslovakia, could be traced back to Quesnay. Such models had also been adopted by Marx, but their modern employment began with Leontief in 1951. In Israel, an 85-sector model had been constructed to project import propensity: such an open Leontief model showed the bill of goods to be made available outside the interindustry structure; income and other elasticities of consumers’ goods were calculated, and the imports were thence derived which were required to sustain that bill of goods.

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Michael Kaser

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© 1968 International Economic Association

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Kaser, M. (1968). Summary Record of the Discussion — Session IX. In: Kaser, M. (eds) Economic Development for Eastern Europe. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-08470-8_28

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