ABSTRACT

Introduction To go from two identical markets to n nonidentical ones will require the prolonged services of yet unborn calculating machines.

Richard Goodwin (1947: 204) Inter-industry economic analysis has been in economists' thoughts since the very beginning of economics. Neumann! (1945), Leontief (1951) and Sraffa (1960) build up the bases of the modern studies of inter-industrial economics. Topics such as production as a circular flow, joint production and fixed capital can not be revisited without explicit reference to these seminal works. There are different approaches to deal with the complexity of multisectoral dynamics. Some references for the interested reader are, Goodwin (1949), Solow (1959), Morishima (1965), Pasinetti (1973), Takayama (1985), Pasinetti (1990) and Kurz and Salvadori (1995).