Word: projections
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Dates: during 1950-1959
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...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...
...Research Project building, locat- ed on Massachusetts Ave., near the Law School also serves as a training center for interested visitors from foreign countries. Both Ford and Rockefeller Foundations assign Fellows to study research being conducted by the Project for periods extending from three to six months. Private groups also sponsor visitors. According to Mrs. Gilboy, the growing number of these students is beginning to tax facilities of the Project. Both working space and staff assistance are available to the Foundation-sponsored Fellows...
...table that the Department plans, Mrs. Gilboy pointed out, is not really adequate for an economy as large and diverse as this country's. One with at least 450 industrial sectors is needed. Only the government or large scale industries could afford the million dollar cost of such a project. One reason for the government's lack of enthusiasm seems to be a general fear of "centralized planning...
...government American industries and local groups have developed several input-output tables. The Pennsylvania Railroad has based one on industries and commercial establishments that have grown up alongside its tracks. A massive report on the results of its research was published by the railroad. "This is not an academic project," Leontief remarked, "but it is practical." In St. Louis a table based on the metropolitan area has been constructed. A banking house in Berkeley, Calif., has also completed a local chart...