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Simple and Extended Reproduction

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Abstract

The schemes for Simple Reproduction and for Extended Reproduction refer to Marx’s pioneering formulation of a two-sector general equilibrium growth model. Quesnay’s Tableau économique is their forerunner; Leontief’s Input–Output model and the Fel’dman–Mahalanobis planning model could be claimed among their progeny.

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Bibliography

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Desai, M. (2018). Simple and Extended Reproduction. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_1334

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