EQUIVALENCE OF LIOUVILLE THEORY AND 2-D QUANTUM-GRAVITY

The equivalence of 2-dimensional quantum gravity and Liouville theory quantized with the standard translation invariant measure, is shown to hold to all orders in perturbation theory. Also, an explicit equation for the Liouville effective action as a function of the effective potential is derived from Weyl Ward identities. We speculate on some of the non-perturbative aspects of the theory.