In the 1980s, gross output statistics were published every five years as part of the input-output (I-O) tables developed by economist Wassily Leontief
Klein, Wassily Leontief
, Sir Arthur Lewis, James E.
Although some aspects of inter--sectoral relationship between economic units can be found in very old economic literature, Wassily Leontief
is considered as the main developer of the input-output analysis (Ten Raa 2005).
Taking this process of automation to its logical and ultimate conclusion, as Wassily Leontief
, the Nobel Prize winner for economics in 1973, did in the following citation, helps illustrate the conundrum that the Left faces, especially regarding its need for a more militant and imaginative incomes policy:
Jomo Kwame Sundaram , United Nations Assistant Secretary-General for Economic Development, was awarded the Wassily Leontief
Prize for Advancing the Frontiers of Economic Thought in 2007.
One of the first examples of an econometric model is due to the Russian-American economist Wassily Leontief
who, in 1942, proposed the input-output model.
In 2005 he was awarded the 2005 Wassily Leontief
Prize for Advancing the Frontiers of Economic Thought.
An outstanding development was in input-output measures, following on ideas and work initially developed by Wassily Leontief
of Harvard University in the 1930s.
Input-output analysis, as a theoretical framework and an applied economic tool, was developed by Wassily Leontief
in his 1936 publication of the first input-output tables for the United States for the years 1919 and 1929.
Eight Nobel Laureates are included: Wassily Leontief
, Robert Lucas, Franco Modigliani, Robert Solow, Milton Friedman, Paul Samuelson, Robert Aumann, and James Tobin.
Almost sixty years ago, Wassily Leontief
(1946) showed how input-output tables could be used to show the relation between sector outputs and sector final demands or between sector prices and sector values added.
When Bergson died at the age of 89 years, he was the last survivor of Harvard's age of Frank Taussig, as well as being a young star in the new age of Joseph Schumpeter, youthful Wassily Leontief
, eclectic Gottfried Haberler, and after 1937, Alvin Hansen, the 'American Keynesian.