Difference between revisions of "Tableau Economique"
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+ | == Definition == | ||
+ | '''Tableau Economique''' in an early economic theory proposed by François Quesnay in 1758. It is considered the precursor to the modern economic [[Input-Output Model]] via the work of Wassily Leontief, who is often referred to as the pioneer of input-output-based economics. | ||
+ | The Tableau economique of Quesnay can be linked to Leontief's inter-industry matrix (but with a different set of "sectors" producers, landowner, etc). The Tableau described the circular flow of goods (but not of monetary amounts) through the various sectors of the economy. | ||
+ | |||
+ | == References == | ||
+ | <references/> | ||
+ | |||
+ | [[Category:EEIO]] |
Latest revision as of 16:43, 28 February 2022
Definition
Tableau Economique in an early economic theory proposed by François Quesnay in 1758. It is considered the precursor to the modern economic Input-Output Model via the work of Wassily Leontief, who is often referred to as the pioneer of input-output-based economics.
The Tableau economique of Quesnay can be linked to Leontief's inter-industry matrix (but with a different set of "sectors" producers, landowner, etc). The Tableau described the circular flow of goods (but not of monetary amounts) through the various sectors of the economy.