A wave matrix
نویسنده
چکیده
A wave matrix is presented consisting of price and quantity elasticities. Its eigenvalues determine the feasible cycles of a dynamic Leontief system. A numerical illustration and a 20-year trajectory are computed with the aid of a seven sector USA matrix for the year 1958. A short discussion of further work required closes the paper. © 2000 Elsevier Science B.V. All rights reserved. JEL classification: C67; E37
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