Title :
Stability of economic input-output model
Author :
Lei, Jiang ; Jianan, Fang ; Wuneng, Zhou ; Da, Zheng ; Hongqian, Lu
Author_Institution :
Sch. of Inf. Sci. & Technol., Donghua Univ., Shanghai
Abstract :
This paper investigates the condition of stability for the economic discrete-time singular dynamic input-output model. A new mathematic method called as linear matrix inequality is applied to study the singular dynamic input-output systems. With this tool, we need not convert singular systems into general systems. A sufficient stability condition under which the economic discrete-time singular input-output model is admissible is proved. This condition is in the form of linear matrix inequality and can be easily tested by Matlab.
Keywords :
discrete time systems; economics; linear matrix inequalities; stability; Matlab; economic discrete-time singular dynamic input-output model; linear matrix inequality; mathematic method; singular dynamic input-output systems; stability condition; Control theory; Cybernetics; Linear matrix inequalities; Linear systems; Macroeconomics; Mathematical model; Robust control; Stability; Testing; Vectors; Discrete-time singular systems; Economic dynamical input-output model; Linear matrix inequality;
Conference_Titel :
Control Conference, 2008. CCC 2008. 27th Chinese
Conference_Location :
Kunming
Print_ISBN :
978-7-900719-70-6
Electronic_ISBN :
978-7-900719-70-6
DOI :
10.1109/CHICC.2008.4605710
