Abstract
In a Leontief system of interindustrial input–output relationships consisting of n sectors of industry, each of which produces a single good, without joint products, under constant returns to scale, and using n goods as input in fixed proportions, the balance of demand for and supply of goods is represented by a system of linear equations.
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Hawkins, D., and H.A. Simon. 1949. Note: Some conditions of macroeconomic stability. Econometrica 17: 245–248.
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Nikaido, H. (2018). Hawkins–Simon Conditions. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_1203
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DOI: https://doi.org/10.1057/978-1-349-95189-5_1203
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