Practical Nonlinear Dynamic Input-Output Model: A Review of the Distortion of Leontief's Dynamic Input-Output Model

Author: Wang Jiamo
Publisher:
Publish Date: 2003-07-01
Features: This book provides a detailed analysis of the Leontief-type dynamic input-output equations and the distortion of their dynamic terms. It presents a practical nonlinear dynamic input-output equation and proves the stability and existence and uniqueness of the solution to the given equation. It also introduces a characteristic vector model for nonlinear non-equilibrium growth and calculates national economic forecasting models for 3 products and 6 products, achieving satisfactory computational results. Theoretical and practical aspects demonstrate the correctness, feasibility, and practicality of the given equation. A brief analysis and comparison of other national economic forecasting methods are provided, showing that the proposed method is currently the best approach in terms of systematicity and structural rigor for computing such models. This book is suitable for professionals researching various forecasting models and can also serve as a textbook for undergraduate and graduate students.