DocumentCode :
815493
Title :
Some notes on the optimization of the gross national product of economies with nonlinear input-output technology
Author :
Sandberg, I.W.
Author_Institution :
Bell Telephone Laboratories, Murray Hill, NJ, USA
Volume :
19
Issue :
5
fYear :
1974
fDate :
10/1/1974 12:00:00 AM
Firstpage :
543
Lastpage :
546
Abstract :
We consider multisectored economies characterized by a not necessarily linear input-output operator A (\\cdot) which transforms each n -vector of total gross outputs into some n -vector of final demands. Attention is focused on cases in which some prime resource must be allocated throughout an economy which does not possess decreasing returns to scale. Some general results are proved concerning the nature of the solution of the problem of globally optimizing the Gross National Product. It is proved, for example, that under certain assumptions the absolute maximum value of the Gross National Product can be determined by solving n nonlinear equations, each in only one unknown, in which n is the number of sectors into which the economy is divided.
Keywords :
Economics; Nonlinear systems; Optimal control; Economic indicators; Nonlinear equations; Planning; Production; Telephony; Transforms;
fLanguage :
English
Journal_Title :
Automatic Control, IEEE Transactions on
Publisher :
ieee
ISSN :
0018-9286
Type :
jour
DOI :
10.1109/TAC.1974.1100647
Filename :
1100647
Link To Document :
بازگشت