Mathematical induction applied of Leontief systems

Danyang Xie*

*Corresponding author for this work

Research output: Contribution to journalJournal Articlepeer-review

1 Citation (Scopus)

Abstract

This note establishes a necessary and sufficient condition for a matrix to be positive. The recursive nature of the condition allows one to use mathematical induction to greatly simplify the proof of the existence and the solvability conditions of the Leontief system.

Original languageEnglish
Pages (from-to)405-408
Number of pages4
JournalEconomics Letters
Volume39
Issue number4
DOIs
Publication statusPublished - Aug 1992
Externally publishedYes

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