Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/276241
Authors: 
Year of Publication: 
2022
Series/Report no.: 
CHOPE Working Paper No. 2022-14
Publisher: 
Duke University, Center for the History of Political Economy (CHOPE), Durham, NC
Abstract: 
As economic planners sought to rebuild Europe in the unstable postwar period, economic expertise was called upon to help in the drawing of national budgets and to inform economic and planning policies. A tool that circulated from academia to economic administrations was the input-output framework that had been developed by Wassily Leontief since the 1930s. As Leontief came into contact with other economists and with the goals of economic administrations, his framework was repurposed to give answers to the questions of economic planners. Statisticians and economists in Western Europe worked to integrate the input-output framework with the developing national accounts. Looking at their work with a particular focus on investment and development policies, I bring new insights on the role of experts, by showing that the input-output model had little impact on the actual coordination of economic policies.
Subjects: 
Leontief
input-output
planning
investment
Europe
instability
JEL: 
B23
O21
C67
L52
P11
B31
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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