Knowledge that Transforms

Journal Article Taxes and Subsidies in Leontief's Input-Output Model Get access Lloyd A. Metzler Lloyd A. Metzler University of Chicago Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 65, Issue 3, August 1951, Pages 433–438, https://doi.org/10.2307/1882224 Published: 01 August 1951

Introduction, 38. — I. The capital-intensity criterion, 38. — II. The nature of the product, 42; real income increases, money income stable, 43; money income increases to the extent of the incremental output, 44; the tautology of the "type III" criterion, 45; the advantages of home market industries, 46. — III. Direct vs. indirect foreign exchange requirements, 48. — IV. Practical value of the rejected criteria, 50. — V. The hazards of international financing, 53. — VI. Conclusion, 60.

I. Single unexpected innovation, free entry, 556. — II. Single unexpected innovation, blocked entry, 560. — III. A foreseen flow of innovations, blocked entry, 567. — IV. A foreseen flow of innovations, free entry, 568. — V. Welfare appraisal, 572. — VI. Limited availability and the patent problem, 575.

I. Introduction, 62. — II. Some salient features of a banking market, 63. — III. Prices, profits, costs, 69. — IV. Banking market structure in small market towns and large cities, 73. — V. Impact of horizontal combination on banking structures, 79. — VI. Concluding observations, 83.

VI. Transport-oriented equilibrium under simplified conditions, 373. — VII. Transport-oriented equilibrium with realistic rate structures, 379. — VIII. Substitution between outlays and revenues and other forms of orientation, 390. — IX. Equilibrium with areal markets and material sources, 395. — X. Conclusions, 398.

I. The nature of the problem, 463. — II. The demand for harvest labor by the individual firm, 471. — III. The supply of harvest labor, 482. — IV. Conclusion, 490.

I. Empirical regularities and the distance factor, 181. — II. The need for and definition of distance inputs, 186. — III. Distance inputs contrasted with capital inputs: spatial roundaboutness and extent of production; space preference and discounting, 190. — IV. Transport rate: the price of a distance input, 195. — V. Distance inputs and the classification of factors, 197.

I. Introduction, 417. — II. Industrial research and development: invention and innovation, 418. — III. Schumpeter's theory of innovation, 421. — IV. Conclusion: innovation a normal business procedure, 427.

First, I put downe for a Maxime that all Monapolies have bin condemned by all politique men and in all well governed Comonweales, as a cause of all dearth and scarcetie in the same, contrarie to the nature and kinde of all Societies, which first growe into Townes and Cities to lie in safetie and to leve in plentie and cheapnes. — A Discourse of Corporations (1587–89?). I. Introduction, 492. — II. The monopoly theory of the Doctors, 495. — III. Monopoly theory and economic policy, 501. — IV. Post-Scholastic monopoly theories, 508. — V. Conclusions, 522.