Rapport (Rapport De Recherche) Année : 2001

About the reinterpretation of the Ghosh model as a price model

Résumé

The Ghosh model assumes that, in an input-output framework, each commodity is sold to each sector in fixed proportions. This model is strongly criticized because it seems implausible in the traditional input-output field. To answer to these critics, Dietzenbacher stresses that it can be reinterpreted as a price model: the Leontief price model is equivalent to the Ghosh model when this one is interpreted as a price model. This paper shows that the interpretation of the Ghosh model as a price model cannot be accepted because Dietzenbacher makes a strong assumption, dichotomy, while the Ghosh model does not determine prices.

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Dates et versions

hal-01527259 , version 1 (24-05-2017)

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  • HAL Id : hal-01527259 , version 1

Citer

Louis de Mesnard. About the reinterpretation of the Ghosh model as a price model. [Research Report] Laboratoire d'analyse et de techniques économiques(LATEC). 2001, 11 p., ref. bib. : 10 ref. ⟨hal-01527259⟩
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