Stability of economic input-output model

Author

Lei, Jiang ; Jianan, Fang ; Wuneng, Zhou ; Da, Zheng ; Hongqian, Lu

Author_Institution

Sch. of Inf. Sci. & Technol., Donghua Univ., Shanghai

fYear

2008

fDate

16-18 July 2008

Firstpage

804

Lastpage

807

Abstract

This paper investigates the condition of stability for the economic discrete-time singular dynamic input-output model. A new mathematic method called as linear matrix inequality is applied to study the singular dynamic input-output systems. With this tool, we need not convert singular systems into general systems. A sufficient stability condition under which the economic discrete-time singular input-output model is admissible is proved. This condition is in the form of linear matrix inequality and can be easily tested by Matlab.

Keywords

discrete time systems; economics; linear matrix inequalities; stability; Matlab; economic discrete-time singular dynamic input-output model; linear matrix inequality; mathematic method; singular dynamic input-output systems; stability condition; Control theory; Cybernetics; Linear matrix inequalities; Linear systems; Macroeconomics; Mathematical model; Robust control; Stability; Testing; Vectors; Discrete-time singular systems; Economic dynamical input-output model; Linear matrix inequality;

fLanguage

English

Publisher

ieee

Conference_Titel

Control Conference, 2008. CCC 2008. 27th Chinese

Conference_Location

Kunming

Print_ISBN

978-7-900719-70-6

Electronic_ISBN

978-7-900719-70-6

Type

conf

DOI

10.1109/CHICC.2008.4605710

Filename

4605710