DocumentCode
933637
Title
A dynamic Leontief model for a productive system
Author
Vogt, William G. ; Mickle, Marlin H. ; Aldermeshian, Hrair
Author_Institution
University of Pittsburgh, Pittsburgh, Pa.
Volume
63
Issue
3
fYear
1975
fDate
3/1/1975 12:00:00 AM
Firstpage
438
Lastpage
443
Abstract
Static input-output analysis of economic systems via Leontief matrices and related concepts has been well known for many years. There have been Various attempts to extend this to dynamic systems. A dynamic model is proposed in this paper which takes advantage of the Leontief matrix formulation. This model makes possible the description of the dynamic transition from one state of production to another. It is also shown how labor affects this transition as well as how uncertainty enters in.
Keywords
Artificial intelligence; Government; Industrial relations; Production; Research and development; Uncertainty;
fLanguage
English
Journal_Title
Proceedings of the IEEE
Publisher
ieee
ISSN
0018-9219
Type
jour
DOI
10.1109/PROC.1975.9770
Filename
1451700
Link To Document