Leontief's input-output analysis and Sraffa's production model are, I think, founded on Quesnay's idea in the
Tableau économique that is ‘the original picture of the system of production and consumption as a circular process’.
This paper is intended as an attempt to rethink Quesnay's
Tableau économique—centered in the «
zig-zag» and the «
formule»—through the looking glass of the intersectoral approach, with adequate reference to my old paper of the
Tableau (1960), and in comparison with the recent Italian article: G. Candela and V. Denicolò, Coerenza statica ed incoerenza dinamica dei «
Tableau Écomonique»,
Giornale degli Economisti e Annali di Ecomonia, Anno XLI (Nuova Serie), 1984, pp. 605-637.
Sections II, III and IV of the paper are devoted mainly to throwing light on the parallels and distinctions between the «
zig-zag» and the «
formule» in the static and dynamic context of the
Tableau économique. Section V then explains the analytical relationship between Quesnay's
Tableau économique and the Sraffian production model in which is attempted the modern formulation of the Ricardian theory of value and distribution in the framework of the Quesnay-type circular process of production with a surplus.
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