Control Strategy of Dynamic Leontief Input-Output Model

Author

Wu, Xiumei ; Jiang, Lei

Author_Institution

Sch. of Comput. & Inf., Shanghai Second Polytech. Univ., Shanghai

Volume

2

fYear

2008

Firstpage

450

Lastpage

453

Abstract

This paper deals with the condition of stability and the control strategy for the discrete-time singular dynamic Leontief input-output model. A new mathematic method called linear matrix inequality is applied to the study of the singular dynamic input-output systems. With this tool, we need not convert singular systems into general systems. A sufficient stable condition under which the economic discrete-time singular input-output model is admissible is proved. Based on this, a new stabilization criterion is established by means of linear matrix inequality. Then the formula of a desired state feedback controller is easily derived.

Keywords

discrete time systems; economics; linear matrix inequalities; stability; stability criteria; state feedback; control strategy; discrete-time singular dynamic Leontief input-output model; economics; linear matrix inequality; mathematic method; stability; stabilization criterion; state feedback controller; Control theory; Cybernetics; Linear matrix inequalities; Linear systems; Macroeconomics; Production; Robust control; Stability; State feedback; Vectors; Discrete-time Singular Systems; Dynamical Leontief Input-output Model; Linear Matrix Inequality;

fLanguage

English

Publisher

ieee

Conference_Titel

Intelligent Systems Design and Applications, 2008. ISDA '08. Eighth International Conference on

Conference_Location

Kaohsiung

Print_ISBN

978-0-7695-3382-7

Type

conf

DOI

10.1109/ISDA.2008.256

Filename

4696374