The generalized Leontief input-output model and its application to the choice of new technology (Q1308659): Difference between revisions
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scientific article
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English | The generalized Leontief input-output model and its application to the choice of new technology |
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The generalized Leontief input-output model and its application to the choice of new technology (English)
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10 December 1993
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The Leontief input-output model is generalized in the sense that at least one industry produces output by using one of two or more alternate technologies. In this way the extended Leontief input-output model is formulated as a generalized linear complementarity problem. Necessary conditions under which the model has a solution are given. An application of the model to solve the problem of choosing new technologies is demonstrated.
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technological change model
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Leontief input-output model
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generalized linear complementarity
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