Word: leontiefs
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...Russians have also manifested interest in input-output analysis, and are now training people to perform the necessary operations. Leontief, who visited his native Russia briefly last spring, believes that although they are "having a hard time justifying the use of an analytical tool developed by a capitalist," the Russians will resort to it soon. Certain revisions have to be made in U.S.S.R. statistical methods in order to facilitate use of the analysis, Leontief added...
...Economic Research Project was set up 10 years ago by a grant from the Rockefeller Foundation to Leontief, "for research in the structure of the United States economy." Beginning in 1950, small Air Force grants were received, but these were discontinued in 1952, when the Administration changed. Ford Foundation then joined in support of the project. Since then a small grant from the National Science Foundation for large scale computation experimentation has also been donated...
...Project's work is not to construct actual tables. The cost of collecting the extremely large amount of data is beyond the scope of so small a group. The 25 Faculty members in the project conduct basic research, investigating different facets of Leontief's model. Among the studies now in progress is one on technological change and the methods through which new techniques are diffused through industry--this is coordinated with Leontief's work on a dynamic model. Application of the table to regional problems is being perfected; while various sectors of the economy--particularly household consumption and natural resources...
About every 18 months, the Project prints a report on research to date, which has been sent free to interested people all over the world. The demand for these reports has become so great recently. Mrs. Gilboy remarked, that soon some charge will have to be made. Leontief plans to publish a series of small volumes to present the results of research made since 1953, when his last book (The Structure of the American Economy) on the project, was released...
Recently, however, the Department of Commerce announced plans to publish a new small table. This move shows that the government is actually interested in the analysis, and Leontief's predictions of wider U. S. government use in the future seem nearer fulfillment...