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Economic Impact of the Structural Changes of Production Technology: A Robust Approach

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Author Info
Guangzhen, Sun

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Abstract

In this article, edge theorem and boundary theorem, one of the most important results obtained recently in the field of robust control theory, is applied to analyze the economic impact of structural change of production technology in one economic sector, by means of the famous dynamic Leontief input-output model. Two theorems, parallel to edge theorem and boundary theorem, are given in terms of economic in this paper. It is argued that in a sense the complex analysis about the economic impact of production technological changes is equivalent to a one-dimensional computation problem, which is easy to solve. A case study is given in the last section of this paper. Copyright 1993 by Taylor and Francis Group

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Publisher Info
Article provided by Taylor and Francis Journals in its journal Economic Systems Research.

Volume (Year): 5 (1993)
Issue (Month): 3 ()
Pages: 235-42
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Handle: RePEc:taf:ecsysr:v:5:y:1993:i:3:p:235-42

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  1. Yasuhide Okuyama & Michael Sonis & Geoffrey Hewings, 2006. "Typology of structural change in a regional economy: a temporal inverse analysis," Economic Systems Research, Taylor and Francis Journals, vol. 18(2), pages 133-153, June. [Downloadable!] (restricted)
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