The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Hawkins–Simon Conditions

  • Hukukane Nikaido
Reference work entry


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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  1. Hawkins, D., and H.A. Simon. 1949. Note: Some conditions of macroeconomic stability. Econometrica 17: 245–248.CrossRefGoogle Scholar

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© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Hukukane Nikaido
    • 1
  1. 1.