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Positive solutions of discrete dynamic Leontief input–output model with possibly singular capital matrix

✍ Scribed by L. Jódar; P. Merello


Publisher
Elsevier Science
Year
2010
Tongue
English
Weight
289 KB
Volume
52
Category
Article
ISSN
0895-7177

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✦ Synopsis


This paper deals with the construction of solutions of the discrete dynamic Leontief input-output model by using Drazin inverses and a singular discrete difference systems approach. After obtaining a closed form solution of the problem, sufficient conditions on the initial output as well as on the relevant matrices of the model are given in order to guarantee positivity.