Title : The « Toolbox » of Leontief’s Input-Output Analysis
Author(s) : Jean Arrous
Abstract : Largely overlooked due to the division of our discipline into micro- and macroeconomics, Wassily Leontief’s input-output analysis is not only a formal theory but also a research strategy. As formal theory, it describes economic activity based on that of the different industries, thereby leading to the calculation of labour-value, price determination and GDP. As research strategy, it is applied to ecological and energy transitions leading to the calculation of pollution-value and energy-value.
Key-words : Leontief, input–output analysis, Leontief technology, technological matrix, Leontief inverse matrix, production possibility frontier, labor-value, pollution-value, energy-value, equilibrium prices, augmented Leontief matrix, profit margin and structural profit margin, input–output table, distribution of national income, Perron–Frobenius theorems, factor-price frontier, ecological transition, energy transition.
JEL Classification : A23. C67. D33. D57. E01. E17. E23. J21. L16. L23. L6-L9. O13. P18. P28. Q4. Q5
