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Stability analysis of the dynamic input-output system

Stability analysis of the dynamic input-output system The dynamic input-output model is well known in economic theory and practice. In this paper, the asymptotic stability and balanced growth solutions of the dynamic input-output system are considered. Under some natural assumptions which do not require the technical coefficient matrix to be indecomposable, it has been proved that the dynamic input-output system is not asymptotically stable and the closed dynamic input-output model has a balanced growth solution. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Applied Mathematics-A Journal of Chinese Universities Springer Journals

Stability analysis of the dynamic input-output system

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References (10)

Publisher
Springer Journals
Copyright
Copyright © 2002 by Editorial Committee of Applied Mathematics-A Journal of Chinese Universities
Subject
Mathematics; Mathematics, general; Applications of Mathematics
ISSN
1005-1031
eISSN
1993-0445
DOI
10.1007/s11766-996-0013-4
Publisher site
See Article on Publisher Site

Abstract

The dynamic input-output model is well known in economic theory and practice. In this paper, the asymptotic stability and balanced growth solutions of the dynamic input-output system are considered. Under some natural assumptions which do not require the technical coefficient matrix to be indecomposable, it has been proved that the dynamic input-output system is not asymptotically stable and the closed dynamic input-output model has a balanced growth solution.

Journal

Applied Mathematics-A Journal of Chinese Universities – Springer Journals

Published: Jun 26, 1996

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