Journal Article Neoclassical Growth and the Efficient Program of Capital Accumulation Get access Hiroshi Atsumi Hiroshi Atsumi Rochester Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 32, Issue 2, April 1965, Pages 127–136, https://doi.org/10.2307/2296057 Published: 01 April 1965

Journal Article Mr. Kaldor's Theory of Income Distribution Get access Hiroshi Atsumi Hiroshi Atsumi Osaka Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 27, Issue 2, February 1960, Pages 109–118, https://doi.org/10.2307/2296131 Published: 01 February 1960

This paper reexamines Metzler's analysis of the effects of taxes and subsidies on the competitive supply prices of output in Leontiefs system. It will be shown that Metzler's conclusions are valid even if one removes the assumptions made by Metzler, and that Allen's conclusion concerning the ad valorem tax is false. We present some interesting properties of Leontiefs system, and also provide a theorem on Metzler's matrix, proving it and deriving some useful properties on the inverse matrix of the input-output model

[This paper provides a general proof of the existence of a proportional price with the interest rate strictly greater than the growth rate associated with any efficient proportional program in the polyhedral technology. Proofs for similar theorems are also given for the programs satisfying the regularity condition in other technologies.]