Subject. This article deals with the issues related to non-price methods to measure the quantity of capital and value as a basic postulate of economic theory that defines the interpretation of all key characteristics of social production. Objectives. The article aims to develop a model that can help determine the state of the economic system using no abstract concepts of labor and utility. Methods. For the study, I used the methods of logical and mathematical analyses. Results. The article presents a mathematical model of material reproduction that links the range of products produced and prices in terms of material resources and time. Conclusions. Material factors of value formation can be determined. The alternative to the subjectivist approach includes the potential realized both in empirical studies on the economy and in the practice of macroeconomic regulation and planning of areas' economic development.

Subject. This article deals with the problem of constructing a Leontief's input–output matrix. Objectives. The article aims to determine the rules for constructing a Leontief's input–output matrix on the basis of data on production time and quantity of product output. Methods. For the study, I used the methods of logical and mathematical analyses. Results. The article formulates the rules for constructing a Leontief's input–output matrix, taking into account differences in the time of production, quantity of output, as well as the conditions for the reproduction of the resources expended. It summarizes these rules for the J. von Neumann model. Conclusions. The proposed approach to the analysis of the material mechanism of economic reproduction defines the relationship between the quantitative and cost characteristics of the production and consumption of products and resources. This relationship opens up new opportunities for the application of input–output models to create simple and accurate algorithms for identifying and predicting the macroeconomic trends.

Subject. This article deals with the issues related to the definition of the laws of pricing, as well as to the W. Leontief's economic circulation concept development. Objectives. The article aims to determine the principles of the objectivist concept of value on the basis of the analytical apparatus of the input-output method and build a mathematical model of price formation. Methods. For the study, I used the methods of logical and mathematical analyses. Results. The article formulates the principle of formation of prices of production products in terms of the concept of economic circulation developed by W. Leontief, on the basis of limiting the volume of physical resources of the economic system. Conclusions. The solution of the problem of value within the framework of the input-output concept is possible, and this solution in terms of simplicity and commonality of initial prerequisites, is not inferior to the W. Leontief's economic circulation principle. The input-output concept, taking into account this addition, should be considered not just as an analytical tool, but a complete macroeconomic theory of production, as well.