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New nonlinear approaches for the adjustment and updating of a SAM

Author

Listed:
  • Casiano Manrique de Lara Peñate

    (Universidad de Las Palmas de Gran Canaria. Departamento de Anális Económico Aplicado)

  • Dolores Santos Peñate

    (Universidad de Las Palmas de Gran Canaria. Departamento de Métodos Cuantitativos en Economía y Gestión)

Abstract

We believe that any adjustment and updating process (AUP) should try to minimize the relative deviation of the new coefficients from the intial ones in a homogeneus way. This homogenity would mean that the magnitude of this relative deviation is similar among the elements of each row or column, therefor avoiding the concentration of the changes in particular cells of the SAM. In this work, we propose some new adjustment criteria in order to obtain a homogeneus relative adjustment of the sructural coefficients. We also test the usefulness of this proposal by comparing its results with the ones obtained with more standard approaches.

Suggested Citation

  • Casiano Manrique de Lara Peñate & Dolores Santos Peñate, 2004. "New nonlinear approaches for the adjustment and updating of a SAM," GE, Growth, Math methods 0402004, University Library of Munich, Germany.
  • Handle: RePEc:wpa:wuwpge:0402004
    Note: Type of Document - pdf; prepared on WinXP; pages: 24
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    References listed on IDEAS

    as
    1. Michael H. Schneider & Stavros A. Zenios, 1990. "A Comparative Study of Algorithms for Matrix Balancing," Operations Research, INFORMS, vol. 38(3), pages 439-455, June.
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    JEL classification:

    • C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
    • D5 - Microeconomics - - General Equilibrium and Disequilibrium
    • D9 - Microeconomics - - Micro-Based Behavioral Economics

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