A New Approach to Irreducibility in Multisectoral Models with Joint Production
Steenge, A. E.; Konijn, P. J. A.; Steenge, A. E.; University of Twente, Faculty of Public Administration and Public Policy; Konijn, P. J. A.; University of Twente, Faculty of Public Administration and Public Policy
Журнал:
Economic Systems Research
Дата:
1992
Аннотация:
We present a new approach to irreducibility in multisectoral models, based on an axiom on the vectors of total outputs and inputs. We derive new results in joint production models, including an interpretation of von Neumann's famous condition A + B > 0, where A and B are respectively matrices of input and output coefficients. Also, an application of the axiom to the commodity technology model is presented.
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