Arbeitspapier

Investment planning and the input-output model in postwar Europe

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.

Language
Englisch

Bibliographic citation
Series: CHOPE Working Paper ; No. 2022-14

Classification
Wirtschaft
History of Economic Thought: Quantitative and Mathematical
Planning Models; Planning Policy
Input-Output Models
Industrial Policy; Sectoral Planning Methods
Capitalist Systems: Planning, Coordination, and Reform
History of Economic Thought: Individuals
Subject
Leontief
input-output
planning
investment
Europe
instability

Event
Geistige Schöpfung
(who)
Carret, Vincent
Event
Veröffentlichung
(who)
Duke University, Center for the History of Political Economy (CHOPE)
(where)
Durham, NC
(when)
2022

DOI
doi:10.2139/ssrn.4301223
Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Carret, Vincent
  • Duke University, Center for the History of Political Economy (CHOPE)

Time of origin

  • 2022

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